Baltic Classifieds Group (STU:983) ROCE % : 9.76% (As of Oct. 2023)

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What is Baltic Classifieds Group 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. Baltic Classifieds Group's annualized ROCE % for the quarter that ended in Oct. 2023 was 9.76%.

Baltic Classifieds Group ROCE % Historical Data

The historical data trend for Baltic Classifieds Group'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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Baltic Classifieds Group ROCE % Chart

Baltic Classifieds Group Annual Data

Trend

Apr19

Apr20

Apr21

Apr22

Apr23

ROCE %

57.23

2.82

3.62

2.82

7.05

Baltic Classifieds Group Semi-Annual Data
	Apr19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
ROCE %	Get a 7-Day Free Trial				-2.07	7.81	6.89	7.23	9.76

Baltic Classifieds Group ROCE % Calculation

Baltic Classifieds Group's annualized ROCE % for the fiscal year that ended in Apr. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	28.982	/	( ( (424.493 - 8.794)	+	(417.764 - 11.658) )	/ 2 )
	=	28.982	/	( (415.699	+	406.106)	/ 2 )
	=	28.982	/	410.9025
	=	7.05 %

Baltic Classifieds Group's ROCE % of for the quarter that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2023 )		(Q: Apr. 2023 )		(Q: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2023 )		(Q: Apr. 2023 )		(Q: Oct. 2023 )
	=	38.91	/	( ( (417.764 - 11.658)	+	(403.706 - 12.132) )	/ 2 )
	=	38.91	/	( ( 406.106	+	391.574 )	/ 2 )
	=	38.91	/	398.84
	=	9.76 %

(1) Note: The EBIT data used here is two times the semi-annual (Oct. 2023) EBIT data.

Baltic Classifieds Group (STU:983) 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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Baltic Classifieds Group (STU:983) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Baltic Classifieds Group PLC (STU:983) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

BCGl:UK BCG:UK

Address

Saltoniskiu Street 9B, Vilnius, LTU, LT-08105

Website

https://www.balticclassifieds.com

Baltic Classifieds Group PLC is an online classifieds group in the Baltics which owns and operates various vertical and generalist online classifieds portals in Estonia, Latvia, and Lithuania. Its online classifieds portfolio comprises vertical online classifieds portals, including vertical portals for automotive, real estate, and jobs and services, and a few generalist portals, offering a wide range of products. The main focus of the Group is operating leading online classifieds platforms for automotive, real estate, jobs and services, and general merchandise in the Baltics. lt generates revenue from fees for service packages based on the number of job ad postings; fees for short-term services including job ad promotion, job ads, and access to the resume database.

Baltic Classifieds Group (STU:983) Headlines

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