Avidly Oyj (OHEL:AVIDLY) ROCE % : 12.03% (As of Jun. 2022)

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What is Avidly Oyj 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. Avidly Oyj's annualized ROCE % for the quarter that ended in Jun. 2022 was 12.03%.

Avidly Oyj ROCE % Historical Data

The historical data trend for Avidly Oyj'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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Avidly Oyj ROCE % Chart

Avidly Oyj Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

ROCE %

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19.12

4.95

-23.87

-2.36

-1.09

Avidly Oyj Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
ROCE %	Get a 7-Day Free Trial															-6.74	1.60	-1.43	-0.73	12.03

Avidly Oyj ROCE % Calculation

Avidly Oyj's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	-0.153	/	( ( (23.935 - 9.618)	+	(22.105 - 8.386) )	/ 2 )
	=	-0.153	/	( (14.317	+	13.719)	/ 2 )
	=	-0.153	/	14.018
	=	-1.09 %

Avidly Oyj's ROCE % of for the quarter that ended in Jun. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2022 )		(Q: Dec. 2021 )		(Q: Jun. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2022 )		(Q: Dec. 2021 )		(Q: Jun. 2022 )
	=	1.82	/	( ( (22.105 - 8.386)	+	(25.011 - 8.473) )	/ 2 )
	=	1.82	/	( ( 13.719	+	16.538 )	/ 2 )
	=	1.82	/	15.1285
	=	12.03 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2022) EBIT data.

Avidly Oyj (OHEL:AVIDLY) 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.

Avidly Oyj ROCE % Related Terms

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Avidly Oyj (OHEL:AVIDLY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Avidly Oyj (OHEL:AVIDLY) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

Konepajankuja 1, Helsinki, FIN, 00510

Website

https://www.avidlyagency.com

Avidly Oyj provides marketing services in Finland. The company offers advisory services, branding services, customer understanding services, graphic design services, international and inbound marketing, crisis communication, media planning, content marketing, among others. Its operating segment includes Marketing Services and Inbound Marketing. The company generates maximum revenue from the Marketing Services segment.

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