Panevezio statybos trestas AB (OVSE:PTR1L) ROCE % : -2.23% (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Panevezio statybos trestas 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. Panevezio statybos trestas AB's annualized ROCE % for the quarter that ended in Dec. 2023 was -2.23%.

Panevezio statybos trestas AB ROCE % Historical Data

The historical data trend for Panevezio statybos trestas 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.

* Premium members only.

Panevezio statybos trestas AB ROCE % Chart

Panevezio statybos trestas AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

2.75

-25.85

11.49

2.08

8.65

Panevezio statybos trestas AB Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															0.41	-0.81	4.99	19.89	-2.23

Panevezio statybos trestas AB ROCE % Calculation

Panevezio statybos trestas 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 )
	=	4.629	/	( ( (88.157 - 35.06)	+	(86.371 - 32.401) )	/ 2 )
	=	4.629	/	( (53.097	+	53.97)	/ 2 )
	=	4.629	/	53.5335
	=	8.65 %

Panevezio statybos trestas 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: 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 )
	=	-1.182	/	( ( (91.325 - 39.467)	+	(86.371 - 32.401) )	/ 2 )
	=	-1.182	/	( ( 51.858	+	53.97 )	/ 2 )
	=	-1.182	/	52.914
	=	-2.23 %

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

Panevezio statybos trestas AB (OVSE:PTR1L) 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.

Panevezio statybos trestas AB ROCE % Related Terms

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

Panevezio statybos trestas AB (OVSE:PTR1L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Panevezio statybos trestas AB (OVSE:PTR1L) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

P. Puzino street 1, Panevezys, LTU, LT-35173

Website

https://www.pst.lt

Panevezio statybos trestas AB operates in the construction industry. The business activity of the group includes the construction of buildings, constructions, other facilities, and networks, as well as the sale of building materials, development of the real estate. In addition to this activity, the company is also engaged in the rental of premises and machinery. The company reports in the following segments: Construction, Steel structures, Timber panel houses, Concrete floor installations, Aluminium structure production, Real estate development, and other activity. Geographically, the company operates in Lithuania, Russia, Scandinavian countries, and other countries, out of which Lithuania accounts for the majority of the revenue.

Panevezio statybos trestas AB (OVSE:PTR1L) Headlines

No Headlines