Raisio Oyj (OHEL:RAIVV) ROCE % : 6.57% (As of Mar. 2024)

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What is Raisio 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. Raisio Oyj's annualized ROCE % for the quarter that ended in Mar. 2024 was 6.57%.

Raisio Oyj ROCE % Historical Data

The historical data trend for Raisio 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.

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Raisio Oyj ROCE % Chart

Raisio Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.94

10.57

7.18

5.19

8.11

Raisio Oyj 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															6.30	8.49	11.01	6.89	6.57

Raisio Oyj ROCE % Calculation

Raisio 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 )
	=	23.8	/	( ( (331.9 - 35.3)	+	(323.8 - 33.5) )	/ 2 )
	=	23.8	/	( (296.6	+	290.3)	/ 2 )
	=	23.8	/	293.45
	=	8.11 %

Raisio Oyj'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 )
	=	19.2	/	( ( (323.8 - 33.5)	+	(334 - 39.4) )	/ 2 )
	=	19.2	/	( ( 290.3	+	294.6 )	/ 2 )
	=	19.2	/	292.45
	=	6.57 %

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

Raisio Oyj (OHEL:RAIVV) 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.

Raisio Oyj ROCE % Related Terms

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Raisio Oyj (OHEL:RAIVV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Raisio Oyj (OHEL:RAIVV) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

RAIKV:Finland RATV:Germany

Address

Raisionkaari 55, P.O. Box 101, Raisio, FIN, 21201

Website

https://www.raisio.com

Raisio Oyj is engaged in the food processing industry with a focus on healthy. The company's international brand profile includes Benecol and Elovena. The operating segments of the company are healthy food, healthy ingredients, and other operations. The healthy food segment focuses on the company's consumer product businesses and has its operations in Northern Europe, Eastern and Central Europe, and Western Europe. The healthy ingredient segment includes the sale of fish feeds, Benecol product ingredients, and the sale of grain-based foods and their ingredients to industrial and catering companies. Majority of net sales come from Finland, and the healthy food segment contributes the highest net sales.

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