One Heritage Group (LSE:OHG) ROCE % : -43.50% (As of Dec. 2023)

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What is One Heritage Group 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. One Heritage Group's annualized ROCE % for the quarter that ended in Dec. 2023 was -43.50%.

One Heritage Group ROCE % Historical Data

The historical data trend for One Heritage Group'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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One Heritage Group ROCE % Chart

One Heritage Group Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

ROCE %

-17.34

-34.40

-17.74

One Heritage Group Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			-17.61	-45.33	-35.99	-4.24	-43.50

One Heritage Group ROCE % Calculation

One Heritage Group's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-1.619	/	( ( (18.44 - 11.186)	+	(19.251 - 8.248) )	/ 2 )
	=	-1.619	/	( (7.254	+	11.003)	/ 2 )
	=	-1.619	/	9.1285
	=	-17.74 %

One Heritage Group'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 )
	=	-2.746	/	( ( (19.251 - 8.248)	+	(18.536 - 16.914) )	/ 2 )
	=	-2.746	/	( ( 11.003	+	1.622 )	/ 2 )
	=	-2.746	/	6.3125
	=	-43.50 %

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

One Heritage Group (LSE:OHG) 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.

One Heritage Group ROCE % Related Terms

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One Heritage Group (LSE:OHG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » One Heritage Group PLC (LSE:OHG) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

80 Mosley Street, Manchester, GBR, M2 3FX

Website

https://www.one-heritageplc.com

One Heritage Group PLC is a property development and management company. The company undertakes the development and re-development of new and existing buildings to create self-contained residential apartments and the refurbishment of existing residential properties. The Group operates in operating segments namely: Developments segment, Construction segment, Property Services segment, and Corporate segment.

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