Tallinnadam AS (OTSE:TSM1T) ROCE % : 5.36% (As of Sep. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Tallinnadam 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. Tallinnadam AS's annualized ROCE % for the quarter that ended in Sep. 2024 was 5.36%.

Tallinnadam AS ROCE % Historical Data

The historical data trend for Tallinnadam 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.

* Premium members only.

Tallinnadam AS ROCE % Chart

Tallinnadam AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

8.76

5.89

5.05

5.37

4.55

Tallinnadam AS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															5.60	3.45	5.08	6.52	5.36

Tallinnadam AS ROCE % Calculation

Tallinnadam 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 )
	=	26.264	/	( ( (621.229 - 37.399)	+	(606.164 - 34.854) )	/ 2 )
	=	26.264	/	( (583.83	+	571.31)	/ 2 )
	=	26.264	/	577.57
	=	4.55 %

Tallinnadam 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 )
	=	30.944	/	( ( (618.033 - 42.6)	+	(613.019 - 33.779) )	/ 2 )
	=	30.944	/	( ( 575.433	+	579.24 )	/ 2 )
	=	30.944	/	577.3365
	=	5.36 %

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

Tallinnadam AS (OTSE:TSM1T) 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.

Tallinnadam AS ROCE % Related Terms

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

Tallinnadam AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Tallinna Sadam AS (OTSE:TSM1T) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Sadama 25, Tallinn, EST, 15051

Website

https://www.ts.ee

Tallinna Sadam AS is a company whose core business lines are rendering port services in the capacity of a landlord port, organising passenger ferry service between Estonia's mainland and islands and operating the multifunctional icebreaker Botnica. The reportable segments of the company are Passenger harbours, Cargo harbours, Ferry and Others and the majority of its revenue is derived from the Cargo harbour segment.

Tallinnadam AS Headlines

No Headlines