Freetrailer Group AS (XSAT:FREETR) ROCE % : 22.92% (As of Dec. 2024)

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What is Freetrailer Group 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. Freetrailer Group AS's annualized ROCE % for the quarter that ended in Dec. 2024 was 22.92%.

Freetrailer Group AS ROCE % Historical Data

The historical data trend for Freetrailer Group 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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Freetrailer Group AS ROCE % Chart

Freetrailer Group AS Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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15.97

40.81

48.66

21.98

43.22

Freetrailer Group AS 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															27.30	6.00	48.29	85.49	22.92

Freetrailer Group AS ROCE % Calculation

Freetrailer Group AS's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	15.941	/	( ( (45.712 - 15.061)	+	(65.42 - 22.309) )	/ 2 )
	=	15.941	/	( (30.651	+	43.111)	/ 2 )
	=	15.941	/	36.881
	=	43.22 %

Freetrailer Group AS'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 )
	=	11.936	/	( ( (73.993 - 23.183)	+	(72.421 - 19.074) )	/ 2 )
	=	11.936	/	( ( 50.81	+	53.347 )	/ 2 )
	=	11.936	/	52.0785
	=	22.92 %

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

Freetrailer Group AS (XSAT:FREETR) 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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Freetrailer Group AS Business Description

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R0C:Germany

Address

Mollevej 67-69, Gladsaxe, Soborg, DNK, 2860

Website

https://www.freetrailer.com

Freetrailer Group AS is a Danish tech company that allows people to hire different types of trailers and cargo bikes on a rental basis through its technology platform. Some of the vehicles that people can hire through its platform are Closed trailers, Open trailers, Open 2 axle trailers, Boogie trailers, and Electrical cargo bikes.

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