SAB Finance AS (XPRA:SABFG) ROCE % : 7.61% (As of Dec. 2023)

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What is SAB Finance AS 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. SAB Finance AS's annualized ROCE % for the quarter that ended in Dec. 2023 was 7.61%.

SAB Finance AS ROCE % Historical Data

The historical data trend for SAB Finance AS'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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SAB Finance AS ROCE % Chart

SAB Finance AS Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.50

10.23

6.02

5.77

SAB Finance AS Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial							7.01	6.78	4.73	7.43	7.61

SAB Finance AS ROCE % Calculation

SAB Finance AS'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 )
	=	673.166	/	( ( (10589.422 - 1370.246)	+	(14979.603 - 848.734) )	/ 2 )
	=	673.166	/	( (9219.176	+	14130.869)	/ 2 )
	=	673.166	/	11675.0225
	=	5.77 %

SAB Finance AS's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	773.872	/	( ( (13419.585 - 7224.324)	+	(14979.603 - 848.734) )	/ 2 )
	=	773.872	/	( ( 6195.261	+	14130.869 )	/ 2 )
	=	773.872	/	10163.065
	=	7.61 %

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

SAB Finance AS (XPRA:SABFG) 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.

SAB Finance AS ROCE % Related Terms

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SAB Finance AS (XPRA:SABFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » SAB Finance AS (XPRA:SABFG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Senovazne namisti 1375/19, 1 Novv Misto, Praha, CZE

Website

https://www.sab.cz

SAB Finance AS is engaged in providing International Payment Solutions considering the foreign exchange fluctuations. Its platform allows to make outgoing payments and receive incoming payments. Some of the services offered by the company include Market Watch, Foreign Currency Analysis, Regular Payments, and Multi-Payments.

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