Svedbergs Group AB (OSTO:SVED B) ROCE % : 11.94% (As of Sep. 2024)

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What is Svedbergs Group 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. Svedbergs Group AB's annualized ROCE % for the quarter that ended in Sep. 2024 was 11.94%.

Svedbergs Group AB ROCE % Historical Data

The historical data trend for Svedbergs Group 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.

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Svedbergs Group AB ROCE % Chart

Svedbergs Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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18.10

17.60

11.01

16.03

11.34

Svedbergs Group AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															12.15	8.67	14.69	12.25	11.94

Svedbergs Group AB ROCE % Calculation

Svedbergs Group 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 )
	=	209.562	/	( ( (2290.89 - 487.289)	+	(2920.649 - 1027.291) )	/ 2 )
	=	209.562	/	( (1803.601	+	1893.358)	/ 2 )
	=	209.562	/	1848.4795
	=	11.34 %

Svedbergs Group AB's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	269.2	/	( ( (3034.1 - 775.2)	+	(3038.7 - 787.4) )	/ 2 )
	=	269.2	/	( ( 2258.9	+	2251.3 )	/ 2 )
	=	269.2	/	2255.1
	=	11.94 %

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

Svedbergs Group AB (OSTO:SVED B) 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.

Svedbergs Group AB ROCE % Related Terms

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Svedbergs Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Svedbergs Group AB (OSTO:SVED B) » Definitions » ROCE %

Comparable Companies

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N/A

Address

Box 840, Halmstad, SWE, 301 18

Website

https://www.svedbergsgroup.com

Svedbergs Group AB designs and manufactures bathroom interiors and sanitary articles. The company offers handles, laundry cupboards, baths and massage bath, showers, washbasin, mixers, heated towel rails, accessories, WC & Toilet and spare parts, among others.

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