Olgeroin Egill Skallagrimsson hf (OISE:OLGERD) ROCE % : 14.36% (As of Feb. 2024)

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What is Olgeroin Egill Skallagrimsson hf 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. Olgeroin Egill Skallagrimsson hf's annualized ROCE % for the quarter that ended in Feb. 2024 was 14.36%.

Olgeroin Egill Skallagrimsson hf ROCE % Historical Data

The historical data trend for Olgeroin Egill Skallagrimsson hf'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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Olgeroin Egill Skallagrimsson hf ROCE % Chart

Olgeroin Egill Skallagrimsson hf Annual Data

Trend

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

ROCE %

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9.42

15.04

14.69

20.09

23.47

Olgeroin Egill Skallagrimsson hf Quarterly Data
	Feb19	Feb20	Feb21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial									15.58	24.26	30.06	18.50	14.36

Olgeroin Egill Skallagrimsson hf ROCE % Calculation

Olgeroin Egill Skallagrimsson hf's annualized ROCE % for the fiscal year that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2024 )		(A: Feb. 2023 )		(A: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2024 )		(A: Feb. 2023 )		(A: Feb. 2024 )
	=	4974.726	/	( ( (25676.387 - 5470.345)	+	(30665.403 - 8487.025) )	/ 2 )
	=	4974.726	/	( (20206.042	+	22178.378)	/ 2 )
	=	4974.726	/	21192.21
	=	23.47 %

Olgeroin Egill Skallagrimsson hf's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	3230.928	/	( ( (30996.27 - 8160.571)	+	(30665.403 - 8487.025) )	/ 2 )
	=	3230.928	/	( ( 22835.699	+	22178.378 )	/ 2 )
	=	3230.928	/	22507.0385
	=	14.36 %

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

Olgeroin Egill Skallagrimsson hf (OISE:OLGERD) 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.

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Olgeroin Egill Skallagrimsson hf (OISE:OLGERD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Olgeroin Egill Skallagrimsson hf (OISE:OLGERD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Grjothals 7-11, Reykjavík, ISL, 110

Website

https://www.olgerdin.is

Olgeroin Egill Skallagrimsson hf produces, imports, distributes and sells beverages and food all over the country.

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