City Service SE (WAR:CTS) ROCE % : 28.91% (As of Sep. 2024)

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What is City Service SE 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. City Service SE's annualized ROCE % for the quarter that ended in Sep. 2024 was 28.91%.

City Service SE ROCE % Historical Data

The historical data trend for City Service SE'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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City Service SE ROCE % Chart

City Service SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.22

16.62

0.48

8.48

22.40

City Service SE Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															58.66	11.22	14.03	24.14	28.91

City Service SE ROCE % Calculation

City Service SE'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 )
	=	38.353	/	( ( (333.091 - 174.032)	+	(366.375 - 182.938) )	/ 2 )
	=	38.353	/	( (159.059	+	183.437)	/ 2 )
	=	38.353	/	171.248
	=	22.40 %

City Service SE'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 )
	=	57.076	/	( ( (351.785 - 161.461)	+	(367.078 - 162.603) )	/ 2 )
	=	57.076	/	( ( 190.324	+	204.475 )	/ 2 )
	=	57.076	/	197.3995
	=	28.91 %

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

City Service SE (WAR:CTS) 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.

City Service SE ROCE % Related Terms

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City Service SE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » City Service SE (WAR:CTS) » Definitions » ROCE %

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CTS1L:Lithuania

Address

Narva mnt. 5, Tallinn, EST, 10117

Website

https://www.cityservice.eu

City Service SE is a holding company. The company controls a group engaged in the provision of facility management and integrated utility services in Western, Central, and Eastern Europe. The principal areas of company activities include Apartment building administration, Commercial facility management, Territory cleaning & Maintenance, and Other activities. The Group is organized into business units based on services provided and has one main reportable segment: Buildings' administration which includes services of administration and maintenance of commercial and residential buildings.