Yubico AB (STU:0FE) ROCE % : 34.57% (As of Sep. 2024)

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What is Yubico 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. Yubico AB's annualized ROCE % for the quarter that ended in Sep. 2024 was 34.57%.

Yubico AB ROCE % Historical Data

The historical data trend for Yubico 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.

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Yubico AB ROCE % Chart

Yubico AB Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-0.42

9.98

20.49

Yubico AB Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial										3.04	11.33	25.10	42.14	34.57

Yubico AB ROCE % Calculation

Yubico 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 )
	=	17.951	/	( ( (102.05 - 31.509)	+	(131.736 - 27.096) )	/ 2 )
	=	17.951	/	( (70.541	+	104.64)	/ 2 )
	=	17.951	/	87.5905
	=	20.49 %

Yubico AB'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 )
	=	42.808	/	( ( (171.139 - 50.202)	+	(177.346 - 50.63) )	/ 2 )
	=	42.808	/	( ( 120.937	+	126.716 )	/ 2 )
	=	42.808	/	123.8265
	=	34.57 %

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

Yubico AB (STU:0FE) 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.

Yubico AB ROCE % Related Terms

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Yubico AB Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

YUBCF:USA YUBICO:Sweden

Address

Kungsgatan 44, Stockholm, SWE, 111 35

Website

https://www.yubico.com

Yubico AB is a leader in setting global standards for secure access to computers, mobile devices, servers, browsers, and internet accounts. Yubico is a creator and core contributor to the FIDO2, WebAuthn, and FIDO Universal 2nd Factor (U2F) open authentication standards, and is a pioneer in delivering modern, hardware-based passkey authentication security at scale to customers in over 160 countries. The company is a global cybersecurity company and inventor of the YubiKey, which offers the gold standard for phishing-resistant multi-factor authentication (MFA).

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