Studsvik AB (OSTO:SVIK) ROCE % : 10.77% (As of Mar. 2024)

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What is Studsvik 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. Studsvik AB's annualized ROCE % for the quarter that ended in Mar. 2024 was 10.77%.

Studsvik AB ROCE % Historical Data

The historical data trend for Studsvik 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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Studsvik AB ROCE % Chart

Studsvik AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-2.99

9.13

14.68

10.09

10.10

Studsvik 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															5.50	7.09	12.88	13.23	10.77

Studsvik AB ROCE % Calculation

Studsvik 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 )
	=	68.733	/	( ( (1022.438 - 296.303)	+	(1007.23 - 371.647) )	/ 2 )
	=	68.733	/	( (726.135	+	635.583)	/ 2 )
	=	68.733	/	680.859
	=	10.10 %

Studsvik 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 )
	=	69.2	/	( ( (1007.23 - 371.647)	+	(997.6 - 347.6) )	/ 2 )
	=	69.2	/	( ( 635.583	+	650 )	/ 2 )
	=	69.2	/	642.7915
	=	10.77 %

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

Studsvik AB (OSTO:SVIK) 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.

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Studsvik AB (OSTO:SVIK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Studsvik AB (OSTO:SVIK) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SUD:Germany

Address

Studsvik, Nykoping, SWE, 611 82

Website

https://www.studsvik.com

Studsvik AB provides engineering and consultancy services to the international nuclear power industry. The company offers fuel and materials testing, fuel and reactor management software as well as lifecycle management of nuclear and radioactive hazards, decommissioning of nuclear facilities, and designing radioactive waste management processes. Its segments are Fuel and Materials Technology, Waste Management Technology, Scandpower, Decommissioning and Radiation Protection Services, and Other.

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