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LapWall Oyj (OHEL:LAPWALL) ROCE % : 18.38% (As of Jun. 2023)


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What is LapWall 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. LapWall Oyj's annualized ROCE % for the quarter that ended in Jun. 2023 was 18.38%.


LapWall Oyj ROCE % Historical Data

The historical data trend for LapWall 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.

LapWall Oyj ROCE % Chart

LapWall Oyj Annual Data
Trend Dec19 Dec20 Dec21 Dec22
ROCE %
11.87 -20.37 44.88 57.09

LapWall Oyj Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
ROCE % Get a 7-Day Free Trial 42.95 46.82 68.28 41.75 18.38

LapWall Oyj ROCE % Calculation

LapWall Oyj's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=7.826/( ( (17.146 - 7.441) + (28.171 - 10.458) )/ 2 )
=7.826/( (9.705+17.713)/ 2 )
=7.826/13.709
=57.09 %

LapWall Oyj's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=3.304/( ( (28.171 - 10.458) + (25.751 - 7.517) )/ 2 )
=3.304/( ( 17.713 + 18.234 )/ 2 )
=3.304/17.9735
=18.38 %

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

* 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.


LapWall Oyj  (OHEL:LAPWALL) 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.


LapWall Oyj ROCE % Related Terms

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LapWall Oyj (OHEL:LAPWALL) Business Description

Traded in Other Exchanges
N/A
Address
Periojantie 3, Pyhanta, FIN, 92930
LapWall Oyj is a manufacturer and developer of wood elements. The LapWall LEK - Element System covers everything from sales to installation. LapWall LEKO - Element System contains more than 50 products, all of which are wooden elements.

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