Infortar AS (OTSE:INF1T) ROCE % : 23.26% (As of Sep. 2024)

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What is Infortar 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. Infortar AS's annualized ROCE % for the quarter that ended in Sep. 2024 was 23.26%.

Infortar AS ROCE % Historical Data

The historical data trend for Infortar 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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Infortar AS ROCE % Chart

Infortar AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-3.69

3.24

16.15

33.84

Infortar AS Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial						70.06	11.06	24.34	5.69	23.26

Infortar AS ROCE % Calculation

Infortar 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 )
	=	325.013	/	( ( (1107.412 - 334.223)	+	(1460.512 - 312.67) )	/ 2 )
	=	325.013	/	( (773.189	+	1147.842)	/ 2 )
	=	325.013	/	960.5155
	=	33.84 %

Infortar AS'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 )
	=	377.716	/	( ( (1495.142 - 264.602)	+	(2497.281 - 479.459) )	/ 2 )
	=	377.716	/	( ( 1230.54	+	2017.822 )	/ 2 )
	=	377.716	/	1624.181
	=	23.26 %

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

Infortar AS (OTSE:INF1T) 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.

Infortar AS ROCE % Related Terms

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Infortar AS Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

X8K:Germany

Address

Liivalaia 9, Tallinn, EST, 10118

Website

https://www.infortar.ee

Infortar AS is an investment holding company in the Baltics. The group focus is on four segment areas which are energy, shipping, real estate, and others. The Energy segment includes biogas production, resale and distribution of natural gas, and sale of electricity; the Real estate includes all companies in the group that lease or develop investment property; Shipping includes Tallink Grupp (an affiliated undertaking of the group) and its subsidiaries); and Other segment includes smaller companies that provide services to the aforementioned segments and other smaller enterprises. Its geographic regions are Estonia, Finland, Lithuania, Latvia, the Rest of the European Union, and Countries not in the EU. It generates the majority of its revenue from Estonia.

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