Tatry Mountain Resorts AS (XPRA:TMR) ROCE % : 17.10% (As of Apr. 2024)

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What is Tatry Mountain Resorts 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. Tatry Mountain Resorts AS's annualized ROCE % for the quarter that ended in Apr. 2024 was 17.10%.

Tatry Mountain Resorts AS ROCE % Historical Data

The historical data trend for Tatry Mountain Resorts 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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Tatry Mountain Resorts AS ROCE % Chart

Tatry Mountain Resorts AS Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

ROCE %

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3.65

-0.62

-5.52

2.01

7.02

Tatry Mountain Resorts AS Semi-Annual Data
	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24
ROCE %	Get a 7-Day Free Trial															6.95	-3.23	12.98	-0.90	17.10

Tatry Mountain Resorts AS ROCE % Calculation

Tatry Mountain Resorts AS's annualized ROCE % for the fiscal year that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2023 )		(A: Oct. 2022 )		(A: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2023 )		(A: Oct. 2022 )		(A: Oct. 2023 )
	=	740.672	/	( ( (14132.009 - 3157.961)	+	(14246.521 - 4116.108) )	/ 2 )
	=	740.672	/	( (10974.048	+	10130.413)	/ 2 )
	=	740.672	/	10552.2305
	=	7.02 %

Tatry Mountain Resorts AS's ROCE % of for the quarter that ended in Apr. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Apr. 2024 )		(Q: Oct. 2023 )		(Q: Apr. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Apr. 2024 )		(Q: Oct. 2023 )		(Q: Apr. 2024 )
	=	1777.97	/	( ( (14246.521 - 4116.108)	+	(14345.966 - 3675.998) )	/ 2 )
	=	1777.97	/	( ( 10130.413	+	10669.968 )	/ 2 )
	=	1777.97	/	10400.1905
	=	17.10 %

(1) Note: The EBIT data used here is two times the semi-annual (Apr. 2024) EBIT data.

Tatry Mountain Resorts AS (XPRA:TMR) 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.

Tatry Mountain Resorts AS ROCE % Related Terms

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Tatry Mountain Resorts AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tatry Mountain Resorts AS (XPRA:TMR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

1TMR001E:Slovakia TMR:Poland

Address

Demanovska Dolina 72, Liptovsky Mikulas, SVK, 031 01

Website

https://www.tmr.sk

Tatry Mountain Resorts AS is engaged in the operation of mountain resorts and amusement parks and the provision of tourist services in Central and Eastern Europe with a portfolio including the mountain resorts, amusement parks, golf resorts and hotels in the region. The company's business is divided into seven main segments - Mountains Resorts; Leisure Parks; Golf; Dining; Sports Services and Stores; Hotels; and Real Estate. The company owns or leases and operates mountain resorts in the High and Low Tatras, the Czech Republic, the Polish Beskydy Mountains and, most recently, Austria. The company also offers comprehensive additional services in resorts, such as restaurants, ski schools, sports shops and rental and service of ski equipment.

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