Sibek AB (publ) (OSTO:SIBEK) ROCE % : 43.77% (As of Apr. 2023)

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What is Sibek AB (publ) 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. Sibek AB (publ)'s annualized ROCE % for the quarter that ended in Apr. 2023 was 43.77%.

Sibek AB (publ) ROCE % Historical Data

The historical data trend for Sibek AB (publ)'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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Sibek AB (publ) ROCE % Chart

Sibek AB (publ) Annual Data

Trend

Apr22

Apr23

ROCE %

55.27

43.77

Sibek AB (publ) Semi-Annual Data
	Apr22	Apr23
ROCE %	55.27	43.77

Sibek AB (publ) ROCE % Calculation

Sibek AB (publ)'s annualized ROCE % for the fiscal year that ended in Apr. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	15.286	/	( ( (59.412 - 22.493)	+	(55.472 - 22.552) )	/ 2 )
	=	15.286	/	( (36.919	+	32.92)	/ 2 )
	=	15.286	/	34.9195
	=	43.77 %

Sibek AB (publ)'s ROCE % of for the quarter that ended in Apr. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Apr. 2023 )		(Q: Apr. 2022 )		(Q: Apr. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Apr. 2023 )		(Q: Apr. 2022 )		(Q: Apr. 2023 )
	=	15.286	/	( ( (59.412 - 22.493)	+	(55.472 - 22.552) )	/ 2 )
	=	15.286	/	( ( 36.919	+	32.92 )	/ 2 )
	=	15.286	/	34.9195
	=	43.77 %

(1) Note: The EBIT data used here is one times the annual (Apr. 2023) EBIT data.

Sibek AB (publ) (OSTO:SIBEK) 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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Sibek AB (publ) (OSTO:SIBEK) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Polygonvagen 39, Taby, SWE, 187 66

Website

https://www.sibek.se

Sibek AB (publ) is a technology consultancy operating in infrastructure, specifically railways. The company specializes in the Swedish railway's signaling system. The single largest customer is the Swedish Transport Administration, followed by the Swedish Transport Administration (SL) within the Stockholm Region. This is followed by other actors operating within Swedish railways, such as contracting companies, signaling system suppliers and other technology consulting companies. The services the Company delivers can be mainly divided into: COMMISSIONING, PROJECTING, and PROJECT AND CONSTRUCTION MANAGEMENT.

Sibek AB (publ) (OSTO:SIBEK) Headlines

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