Wall to Wall Group AB (OSTO:WTW.TO2.A) ROCE % : 2.60% (As of Mar. 2024)

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What is Wall to Wall 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. Wall to Wall Group AB's annualized ROCE % for the quarter that ended in Mar. 2024 was 2.60%.

Wall to Wall Group AB ROCE % Historical Data

The historical data trend for Wall to Wall 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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Wall to Wall Group AB ROCE % Chart

Wall to Wall Group AB Annual Data

Trend

Apr21

Dec22

Dec23

ROCE %

3.52

Wall to Wall Group AB Quarterly Data
	Oct21	Jan22	Jun22	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial				1.05	10.88	3.48	3.81	2.60

Wall to Wall Group AB ROCE % Calculation

Wall to Wall 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 )
	=	46.4	/	( ( (1562.2 - 258.8)	+	(1572.2 - 242.7) )	/ 2 )
	=	46.4	/	( (1303.4	+	1329.5)	/ 2 )
	=	46.4	/	1316.45
	=	3.52 %

Wall to Wall Group AB's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	34.4	/	( ( (1572.2 - 242.7)	+	(1553.3 - 237.8) )	/ 2 )
	=	34.4	/	( ( 1329.5	+	1315.5 )	/ 2 )
	=	34.4	/	1322.5
	=	2.60 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Wall to Wall Group AB (OSTO:WTW.TO2.A) 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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Wall to Wall Group AB (OSTO:WTW.TO2.A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wall to Wall Group AB (OSTO:WTW.TO2.A) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

WTW A:Sweden

Address

Linnegatan 2, Box 5712, Stockholm, SWE, 11487

Website

https://walltowallgroup.se

Wall to Wall Group AB is engaged in pipe collection, pipe flushing, maintenance and sealing of ventilation ducts, as well as other complementary and related services that are sold and performed in the same market channels, such as geothermal solutions in apartment buildings.

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