AS Tallinna Vesi (OTSE:TVE1T) ROCE % : 7.35% (As of Dec. 2024)

View and export this data going back to 2005. Start your Free Trial

What is AS Tallinna Vesi 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. AS Tallinna Vesi's annualized ROCE % for the quarter that ended in Dec. 2024 was 7.35%.

AS Tallinna Vesi ROCE % Historical Data

The historical data trend for AS Tallinna Vesi'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.

AS Tallinna Vesi ROCE % Chart

AS Tallinna Vesi Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

8.95

7.77

4.75

6.99

6.86

AS Tallinna Vesi Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															6.37	6.29	6.74	7.53	7.35

AS Tallinna Vesi ROCE % Calculation

AS Tallinna Vesi's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	19.09	/	( ( (281.882 - 18.781)	+	(313.841 - 20.543) )	/ 2 )
	=	19.09	/	( (263.101	+	293.298)	/ 2 )
	=	19.09	/	278.1995
	=	6.86 %

AS Tallinna Vesi's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	21.076	/	( ( (302.195 - 21.698)	+	(313.841 - 20.543) )	/ 2 )
	=	21.076	/	( ( 280.497	+	293.298 )	/ 2 )
	=	21.076	/	286.8975
	=	7.35 %

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

AS Tallinna Vesi (OTSE:TVE1T) 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.

AS Tallinna Vesi ROCE % Related Terms

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

AS Tallinna Vesi Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » AS Tallinna Vesi (OTSE:TVE1T) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

A1T:Germany

Address

Adala 10, Tallinn, EST, 10614

Website

https://www.tallinnavesi.ee

AS Tallinna Vesi is a water utility company in Estonia. The business activity of the group is operated through two plants namely Ulemiste Water Treatment Plant and Paljassaare Wastewater Treatment Plant. It is engaged in water services which include the supply of water and treatment of wastewater services to people in Tallinn and in several neighboring municipalities of Tallinn. Further also engaged in construction and other services. In addition, it also offers other services such as drinking water and waste water analysis, water and sewerage pipeline works, design pipelines and pipeline construction, and others. It has three segments Water services, Construction services, and Other services. It generates the majority of its revenue from Water services segment.

AS Tallinna Vesi Headlines

No Headlines