Scandi Standard AB (OSTO:SCST) ROCE % : 11.40% (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Scandi Standard AB ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Scandi Standard AB's annualized ROCE % for the quarter that ended in Mar. 2024 was 11.40%.

Scandi Standard AB ROCE % Historical Data

The historical data trend for Scandi Standard AB's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Scandi Standard AB ROCE % Chart

Scandi Standard AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

8.93

7.48

4.45

5.99

10.93

Scandi Standard AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															8.11	10.14	11.79	11.32	11.40

Scandi Standard AB ROCE % Calculation

Scandi Standard AB's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	477	/	( ( (6965 - 2407)	+	(6652 - 2482) )	/ 2 )
	=	477	/	( (4558	+	4170)	/ 2 )
	=	477	/	4364
	=	10.93 %

Scandi Standard AB's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	492	/	( ( (6652 - 2482)	+	(6874 - 2416) )	/ 2 )
	=	492	/	( ( 4170	+	4458 )	/ 2 )
	=	492	/	4314
	=	11.40 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Scandi Standard AB (OSTO:SCST) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Scandi Standard AB ROCE % Related Terms

Thank you for viewing the detailed overview of Scandi Standard AB's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Scandi Standard AB (OSTO:SCST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Scandi Standard AB (OSTO:SCST) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

0QVR:UK 0SL:Germany

Address

Strandbergsgatan 55, P.O.Box 30174, Stockholm, SWE, SE-104 25

Website

https://www.scandistandard.com

Scandi Standard AB is a food company. It supplies chicken and chicken-based products in the Nordic region and Ireland. It markets and sells its products under Kronfagel, Danpo, Den Stolte Hane, Naapurin Maalaiskana, and Manor Farm brand names. The company has operations in Sweden, Denmark, Norway, Ireland, and Finland. It generates the majority of its revenue from Sweden.

Scandi Standard AB (OSTO:SCST) Headlines

No Headlines