Apranga APB (OVSE:APG1L) ROCE % : 6.00% (As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Apranga APB 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. Apranga APB's annualized ROCE % for the quarter that ended in Mar. 2024 was 6.00%.

Apranga APB ROCE % Historical Data

The historical data trend for Apranga APB'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.

* Premium members only.

Apranga APB ROCE % Chart

Apranga APB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

13.54

5.80

11.15

16.69

19.62

Apranga APB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															6.12	29.56	26.78	17.41	6.00

Apranga APB ROCE % Calculation

Apranga APB'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 )
	=	21.77	/	( ( (148.275 - 40.117)	+	(160.025 - 46.243) )	/ 2 )
	=	21.77	/	( (108.158	+	113.782)	/ 2 )
	=	21.77	/	110.97
	=	19.62 %

Apranga APB'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 )
	=	6.888	/	( ( (160.025 - 46.243)	+	(160.351 - 44.45) )	/ 2 )
	=	6.888	/	( ( 113.782	+	115.901 )	/ 2 )
	=	6.888	/	114.8415
	=	6.00 %

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

Apranga APB (OVSE:APG1L) 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.

Apranga APB ROCE % Related Terms

Thank you for viewing the detailed overview of Apranga APB's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Apranga APB (OVSE:APG1L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Apranga APB (OVSE:APG1L) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

WHX:Germany

Address

Ukmerges Street 362, Vilnius, LTU, LT-14311

Website

https://www.aprangagroup.com

Apranga APB is a fashion retailer company. It is engaged in the retail distribution of apparel. The company has a partnership with European and global brands. It develops different profile chains or mono-brand stores. The company operates retail multi-brand stores those are Apranga, Aprangos galerija, City and Mados Linija. The company deals in luxury clothes, footwear, and other items. Geographically, the majority of the company's revenue is carried out from Lithuania and also has a presence in Latvia, and Estonia.

Apranga APB (OVSE:APG1L) Headlines

No Headlines