Transtema Group AB (OSTO:TRANS) ROCE % : 5.80% (As of Dec. 2023)

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What is Transtema Group AB 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. Transtema Group AB's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.80%.

Transtema Group AB ROCE % Historical Data

The historical data trend for Transtema Group AB'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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Transtema Group AB ROCE % Chart

Transtema Group AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.71

11.57

38.22

27.54

24.60

Transtema Group AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															27.53	25.15	37.71	23.68	5.80

Transtema Group AB ROCE % Calculation

Transtema Group AB'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 )
	=	226.759	/	( ( (1602.502 - 701.32)	+	(1714.134 - 771.393) )	/ 2 )
	=	226.759	/	( (901.182	+	942.741)	/ 2 )
	=	226.759	/	921.9615
	=	24.60 %

Transtema Group AB'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	55.032	/	( ( (1730.015 - 776.588)	+	(1714.134 - 771.393) )	/ 2 )
	=	55.032	/	( ( 953.427	+	942.741 )	/ 2 )
	=	55.032	/	948.084
	=	5.80 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Transtema Group AB (OSTO:TRANS) 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.

Transtema Group AB ROCE % Related Terms

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Transtema Group AB (OSTO:TRANS) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Transtema Group AB (OSTO:TRANS) » Definitions » ROCE %

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Address

Flöjelbergsgatan 12, Mölndal, SWE, 431 37

Website

https://www.transtema.com

Transtema Group AB delivers network and communication solutions. The company offers design, construction, operation and maintenance of communication networks as well as technical consulting services to telecom operators, city networks, municipalities, power companies and larger companies. The company is active in the entire value chain, from planning, design and construction, to operation and maintenance. The company is also a reseller of network equipment.

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