SOHO Development (WAR:SHD) ROCE % : 0.94% (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is SOHO Development 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. SOHO Development's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.94%.

SOHO Development ROCE % Historical Data

The historical data trend for SOHO Development'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.

SOHO Development ROCE % Chart

SOHO Development Annual Data

Trend

Dec10

Dec11

Dec12

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

ROCE %

Get a 7-Day Free Trial

0.09

-25.68

29.48

-16.91

-16.42

SOHO Development Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															287.75	-11.91	-19.68	0.27	0.94

SOHO Development ROCE % Calculation

SOHO Development's annualized ROCE % for the fiscal year that ended in Sep. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2021 )		(A: Sep. 2020 )		(A: Sep. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2021 )		(A: Sep. 2020 )		(A: Sep. 2021 )
	=	-4.237	/	( ( (31.562 - 3.753)	+	(25.958 - 2.174) )	/ 2 )
	=	-4.237	/	( (27.809	+	23.784)	/ 2 )
	=	-4.237	/	25.7965
	=	-16.42 %

SOHO Development'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	0.124	/	( ( (14.197 - 1.006)	+	(13.604 - 0.543) )	/ 2 )
	=	0.124	/	( ( 13.191	+	13.061 )	/ 2 )
	=	0.124	/	13.126
	=	0.94 %

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

SOHO Development (WAR:SHD) 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.

SOHO Development ROCE % Related Terms

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

SOHO Development (WAR:SHD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » SOHO Development SA (WAR:SHD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ul. Minska 25, Budynek 1923, Warszawa, POL, 03808

Website

http://www.sohodevelopment.pl

SOHO Development SA is a Poland based company which operates as an investment company. The company's long-term strategy is to focus on property development based on its land bank and the sale of non-strategic assets.

SOHO Development (WAR:SHD) Headlines

No Headlines