Arco Vara AS (OTSE:ARC1T) ROCE % : -2.91% (As of Mar. 2024)

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What is Arco Vara AS 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. Arco Vara AS's annualized ROCE % for the quarter that ended in Mar. 2024 was -2.91%.

Arco Vara AS ROCE % Historical Data

The historical data trend for Arco Vara AS'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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Arco Vara AS ROCE % Chart

Arco Vara AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.66

8.32

11.79

3.94

13.45

Arco Vara AS 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															-2.38	-2.90	-2.36	56.62	-2.91

Arco Vara AS ROCE % Calculation

Arco Vara AS'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 )
	=	3.94	/	( ( (39.805 - 8.936)	+	(35.19 - 7.484) )	/ 2 )
	=	3.94	/	( (30.869	+	27.706)	/ 2 )
	=	3.94	/	29.2875
	=	13.45 %

Arco Vara AS'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 )
	=	-0.82	/	( ( (35.19 - 7.484)	+	(35.079 - 6.509) )	/ 2 )
	=	-0.82	/	( ( 27.706	+	28.57 )	/ 2 )
	=	-0.82	/	28.138
	=	-2.91 %

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

Arco Vara AS (OTSE:ARC1T) 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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Arco Vara AS (OTSE:ARC1T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arco Vara AS (OTSE:ARC1T) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Rotermanni 10, Tallinn, EST, 10111

Website

https://www.arcovara.com

Arco Vara AS is a real estate group in the Baltic States. The group is engaged in real estate development and services related to real estate. The main activity of the group is the development of complete living environments and related commercial real estate. In the development of the living environment, the completed homes are sold to the final consumer. The focus of the group is on the development of the residential real estate. The company operates in a single segment which is the construction and development segment. Its primary geographic markets are Estonia and Bulgaria.

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