Makedonski Telekom AD (XMAE:TEL) ROCE % : 17.00% (As of Dec. 2024)

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What is Makedonski Telekom AD 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. Makedonski Telekom AD's annualized ROCE % for the quarter that ended in Dec. 2024 was 17.00%.

Makedonski Telekom AD ROCE % Historical Data

The historical data trend for Makedonski Telekom AD'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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Makedonski Telekom AD ROCE % Chart

Makedonski Telekom AD Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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13.16

12.63

12.42

15.44

16.59

Makedonski Telekom AD Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															12.36	16.23	16.08	18.84	17.00

Makedonski Telekom AD ROCE % Calculation

Makedonski Telekom AD'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 )
	=	2722.56	/	( ( (19607.532 - 3739.086)	+	(20681.357 - 3735.537) )	/ 2 )
	=	2722.56	/	( (15868.446	+	16945.82)	/ 2 )
	=	2722.56	/	16407.133
	=	16.59 %

Makedonski Telekom AD'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 )
	=	2881.076	/	( ( (0 - 0)	+	(20681.357 - 3735.537) )	/ 1 )
	=	2881.076	/	( ( 0	+	16945.82 )	/ 1 )
	=	2881.076	/	16945.82
	=	17.00 %

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

Makedonski Telekom AD (XMAE:TEL) 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.

Makedonski Telekom AD ROCE % Related Terms

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Makedonski Telekom AD Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Makedonski Telekom AD (XMAE:TEL) » Definitions » ROCE %

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Address

Kej 13 Noemvri No. 6, Skopje, MKD, 1000

Website

http://www.telekom.mk

Makedonski Telekom AD offers telecommunications services. Its services include telephone services, internet access services including broadband internet and entertainment IPTV products. The company offers a portfolio for residential and business customers, provided from a single source and focuses on Cloud and ICT solutions in order to provide the best customer experience.