Aallon Group Oyj (OHEL:AALLON) ROCE % : 3.70% (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Aallon Group Oyj 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. Aallon Group Oyj's annualized ROCE % for the quarter that ended in Dec. 2023 was 3.70%.

Aallon Group Oyj ROCE % Historical Data

The historical data trend for Aallon Group Oyj'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.

Aallon Group Oyj ROCE % Chart

Aallon Group Oyj Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

16.43

16.69

11.21

13.52

12.41

Aallon Group Oyj Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial							6.15	23.94	9.49	19.77	3.70

Aallon Group Oyj ROCE % Calculation

Aallon Group Oyj'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 )
	=	2.505	/	( ( (29.154 - 8.264)	+	(27.749 - 8.281) )	/ 2 )
	=	2.505	/	( (20.89	+	19.468)	/ 2 )
	=	2.505	/	20.179
	=	12.41 %

Aallon Group Oyj'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 )
	=	0.768	/	( ( (30.386 - 8.369)	+	(27.749 - 8.281) )	/ 2 )
	=	0.768	/	( ( 22.017	+	19.468 )	/ 2 )
	=	0.768	/	20.7425
	=	3.70 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Aallon Group Oyj (OHEL:AALLON) 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.

Aallon Group Oyj ROCE % Related Terms

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

Aallon Group Oyj (OHEL:AALLON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Aallon Group Oyj (OHEL:AALLON) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

I74:Germany

Address

Esterinportti 2, Helsinki, FIN, 00240

Website

https://www.aallongroup.fi

Aallon Group Oyj offer comprehensive accounting services in Finland. It offers daily financial services, advisory services, financial management services and others.

Aallon Group Oyj (OHEL:AALLON) Headlines

No Headlines