Tempest Security AB (OSTO:TSEC) ROCE % : 1.85% (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Tempest Security 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. Tempest Security AB's annualized ROCE % for the quarter that ended in Mar. 2024 was 1.85%.

Tempest Security AB ROCE % Historical Data

The historical data trend for Tempest Security 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.

Tempest Security AB ROCE % Chart

Tempest Security AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-19.83

6.21

-17.96

15.43

8.25

Tempest Security 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															1.73	7.93	30.35	-7.98	1.85

Tempest Security AB ROCE % Calculation

Tempest Security 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 )
	=	9.177	/	( ( (235.226 - 120.97)	+	(241.897 - 133.738) )	/ 2 )
	=	9.177	/	( (114.256	+	108.159)	/ 2 )
	=	9.177	/	111.2075
	=	8.25 %

Tempest Security 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 )
	=	2.028	/	( ( (241.897 - 133.738)	+	(252.174 - 141.211) )	/ 2 )
	=	2.028	/	( ( 108.159	+	110.963 )	/ 2 )
	=	2.028	/	109.561
	=	1.85 %

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

Tempest Security AB (OSTO:TSEC) 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.

Tempest Security AB ROCE % Related Terms

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

Tempest Security AB (OSTO:TSEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Tempest Security AB (OSTO:TSEC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ralambsvagen 17, 17 stairs, Stockholm, SWE, 112 59

Website

http://investor.tempest.se

Tempest Security AB provides solutions for security, protection, and service. The company's solutions include everything from security guards and guards to receptionists and caretakers, specially trained security personnel, installation of alarm and monitoring technology, training staff and much more. It offers services in the various divisions which include real estate, hotels, and restaurants, industry, offices, shops and malls, state and municipalities as well as individuals. Geographically, the business activities are functioned through the regions of Sweden.

Tempest Security AB (OSTO:TSEC) Headlines

No Headlines