Selvaag Bolig ASA (STU:S2B) ROCE % : 7.92% (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Selvaag Bolig ASA 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. Selvaag Bolig ASA's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.92%.

Selvaag Bolig ASA ROCE % Historical Data

The historical data trend for Selvaag Bolig ASA'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.

Selvaag Bolig ASA ROCE % Chart

Selvaag Bolig ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

17.99

38.98

18.49

11.13

8.12

Selvaag Bolig ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															8.35	7.66	3.63	14.63	7.92

Selvaag Bolig ASA ROCE % Calculation

Selvaag Bolig ASA'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 )
	=	28.515	/	( ( (568.454 - 171.899)	+	(413.274 - 107.12) )	/ 2 )
	=	28.515	/	( (396.555	+	306.154)	/ 2 )
	=	28.515	/	351.3545
	=	8.12 %

Selvaag Bolig ASA's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	24.24	/	( ( (413.274 - 107.12)	+	(389.722 - 83.694) )	/ 2 )
	=	24.24	/	( ( 306.154	+	306.028 )	/ 2 )
	=	24.24	/	306.091
	=	7.92 %

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

Selvaag Bolig ASA (STU:S2B) 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.

Selvaag Bolig ASA ROCE % Related Terms

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

Selvaag Bolig ASA (STU:S2B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Selvaag Bolig ASA (STU:S2B) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SBOO:Sweden SBO:Norway S2B:Germany

Address

Silurveien 2, Oslo, NOR, 0380

Website

https://www.selvaagboligasa.no

Selvaag Bolig ASA is a residential property developer. The company has several homes under development at any given time and focuses on the growth areas in and around Greater Oslo, Bergen, Stavanger, and Trondheim. Some of its projects are The ski factory, Langhus 1405, Landas, Lorenskog Stasjonsby, and others.

Selvaag Bolig ASA (STU:S2B) Headlines

No Headlines