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Tobin Properties AB (OSTO:TOBIN PREF.PFD) ROCE % : -10.67% (As of Mar. 2019)


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What is Tobin Properties 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. Tobin Properties AB's annualized ROCE % for the quarter that ended in Mar. 2019 was -10.67%.


Tobin Properties AB ROCE % Historical Data

The historical data trend for Tobin Properties 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.

Tobin Properties AB ROCE % Chart

Tobin Properties AB Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
ROCE %
Get a 7-Day Free Trial 5.20 -3.00 10.31 7.23 -0.17

Tobin Properties AB Quarterly Data
Sep13 Dec13 Sep14 Dec14 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.49 1.87 0.46 -6.32 -10.67

Tobin Properties AB ROCE % Calculation

Tobin Properties AB's annualized ROCE % for the fiscal year that ended in Dec. 2018 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=-2.368/( ( (1799.987 - 156.906) + (1812.75 - 696.793) )/ 2 )
=-2.368/( (1643.081+1115.957)/ 2 )
=-2.368/1379.519
=-0.17 %

Tobin Properties AB's ROCE % of for the quarter that ended in Mar. 2019 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2019 )  (Q: Dec. 2018 )(Q: Mar. 2019 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2019 )  (Q: Dec. 2018 )(Q: Mar. 2019 )
=-116.668/( ( (1812.75 - 696.793) + (1813.288 - 743.319) )/ 2 )
=-116.668/( ( 1115.957 + 1069.969 )/ 2 )
=-116.668/1092.963
=-10.67 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2019) EBIT data.

* 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.


Tobin Properties AB  (OSTO:TOBIN PREF.PFD) 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.


Tobin Properties AB ROCE % Related Terms

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Tobin Properties AB Business Description

Traded in Other Exchanges
N/A
Address
Humlegardsgatan 19A, Stockholm, SWE, 114 46
Tobin Properties AB is a real estate development company. Its project portfolio comprises a total of about 1664 apartments with 109,400 square meters of floor space.

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