FOM Technologies A/S (OCSE:FOM) ROCE % : 8.40% (As of Dec. 2023)

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What is FOM Technologies A/S 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. FOM Technologies A/S's annualized ROCE % for the quarter that ended in Dec. 2023 was 8.40%.

FOM Technologies A/S ROCE % Historical Data

The historical data trend for FOM Technologies A/S'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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FOM Technologies A/S ROCE % Chart

FOM Technologies A/S Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-12.86

-66.79

5.32

11.91

2.28

FOM Technologies A/S Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial						29.83	-7.51	24.35	-6.77	8.40

FOM Technologies A/S ROCE % Calculation

FOM Technologies A/S'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 )
	=	1.318	/	( ( (53.266 - 19.503)	+	(99.915 - 18.19) )	/ 2 )
	=	1.318	/	( (33.763	+	81.725)	/ 2 )
	=	1.318	/	57.744
	=	2.28 %

FOM Technologies A/S'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 )
	=	5.226	/	( ( (57.367 - 14.601)	+	(99.915 - 18.19) )	/ 2 )
	=	5.226	/	( ( 42.766	+	81.725 )	/ 2 )
	=	5.226	/	62.2455
	=	8.40 %

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

FOM Technologies A/S (OCSE:FOM) 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.

FOM Technologies A/S ROCE % Related Terms

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FOM Technologies A/S (OCSE:FOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » FOM Technologies A/S (OCSE:FOM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Artillerivej 86, 1, Copenhagen, DNK, 2300

Website

https://www.fomtechnologies.com

FOM Technologies A/S is engaged in the sale of machinery for material research. The company's products include Machines-rolls; Machines-sheets, and Slot-die-heads.

FOM Technologies A/S (OCSE:FOM) Headlines

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