Masoval AS (OSL:MAS) ROCE % : -1.11% (As of Dec. 2023)

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What is Masoval AS 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. Masoval AS's annualized ROCE % for the quarter that ended in Dec. 2023 was -1.11%.

Masoval AS ROCE % Historical Data

The historical data trend for Masoval AS'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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Masoval AS ROCE % Chart

Masoval AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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19.44

24.89

14.40

22.72

9.13

Masoval AS Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial												8.54	-0.81	18.03	12.83	-1.11

Masoval AS ROCE % Calculation

Masoval AS'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 )
	=	315.897	/	( ( (4986.915 - 954.53)	+	(5160.211 - 2275.369) )	/ 2 )
	=	315.897	/	( (4032.385	+	2884.842)	/ 2 )
	=	315.897	/	3458.6135
	=	9.13 %

Masoval AS'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-40.176	/	( ( (4993.514 - 663.887)	+	(5160.211 - 2275.369) )	/ 2 )
	=	-40.176	/	( ( 4329.627	+	2884.842 )	/ 2 )
	=	-40.176	/	3607.2345
	=	-1.11 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Masoval AS (OSL:MAS) 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.

Masoval AS ROCE % Related Terms

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Masoval AS (OSL:MAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Masoval AS (OSL:MAS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

9QP:Germany

Address

Nordfroyveien 413, Sistranda, NFK, 7260

Website

https://www.masoval.no

Masoval AS owns, operates, and develops companies in the aquaculture industry, which contribute to positive ripple effects and value creation throughout the region. The Group is organized into business units based on its activities and has two operating segments: Farming and Sales and processing.