DOF Group ASA (STU:UV3) ROCE % : 15.84% (As of Dec. 2024)

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What is DOF Group 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. DOF Group ASA's annualized ROCE % for the quarter that ended in Dec. 2024 was 15.84%.

DOF Group ASA ROCE % Historical Data

The historical data trend for DOF Group 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.

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DOF Group ASA ROCE % Chart

DOF Group ASA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

-1,526.92

1,642.96

38.23

10.70

DOF Group ASA Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial									42.70	7.52	7.13	16.99	15.84

DOF Group ASA ROCE % Calculation

DOF Group ASA'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 )
	=	283.635	/	( ( (2458.761 - 299.523)	+	(3612.765 - 467.95) )	/ 2 )
	=	283.635	/	( (2159.238	+	3144.815)	/ 2 )
	=	283.635	/	2652.0265
	=	10.70 %

DOF Group ASA'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 )
	=	420.2	/	( ( (2488.562 - 328.865)	+	(3612.765 - 467.95) )	/ 2 )
	=	420.2	/	( ( 2159.697	+	3144.815 )	/ 2 )
	=	420.2	/	2652.256
	=	15.84 %

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

DOF Group ASA (STU:UV3) 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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DOF Group ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » DOF Group ASA (STU:UV3) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

DOFGo:Sweden DOFG:Norway DOFGo:UK UV3:Germany

Address

Alfabygget, Storebo, NOR, 5392

Website

https://www.dof.com

DOF Group ASA is a provider of integrated subsea projects and marine services to the offshore energy market. DOF operates in four segments which include DOF Subsea, DOF Rederi, Norskan, Corporate, and vessel management. The majority of revenue is derived from the subsea segment.

DOF Group ASA Headlines

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