GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Adtraction Group AB (OSTO:ADTR) » Definitions » ROCE %

Adtraction Group AB (OSTO:ADTR) ROCE % : 0.97% (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Adtraction Group 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. Adtraction Group AB's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.97%.

Adtraction Group AB ROCE % Historical Data

The historical data trend for Adtraction Group 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.

Adtraction Group AB ROCE % Chart

Adtraction Group AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
85.32 60.61 25.50 15.11 2.95

Adtraction Group AB Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.21 -3.35 6.79 8.96 0.97

Adtraction Group AB ROCE % Calculation

Adtraction Group 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 )
=7.492/( ( (381.245 - 218.166) + (619.385 - 275.308) )/ 2 )
=7.492/( (163.079+344.077)/ 2 )
=7.492/253.578
=2.95 %

Adtraction Group AB'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 )
=3.392/( ( (619.385 - 275.308) + (573.337 - 220.692) )/ 2 )
=3.392/( ( 344.077 + 352.645 )/ 2 )
=3.392/348.361
=0.97 %

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

Adtraction Group AB  (OSTO:ADTR) 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.

Adtraction Group AB ROCE % Related Terms

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

Adtraction Group AB (OSTO:ADTR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Adtraction Group AB (OSTO:ADTR) » Definitions » ROCE %
Comparable Companies
OSTO:RAKE OSTO:TRAD NGM:ADVT OSTO:LINKFI XSAT:MODI OSTO:AYIMA B XSAT:SOCIAL XSAT:BRANDB XPAR:PUB OMC SZSE:002027 IPG LSE:WPP TSE:4324 XPAR:DEC TSE:2433 ZD TSE:4751 SAU:4071 XTER:SAX
Traded in Other Exchanges
N/A
Address
Biblioteksgatan 29, Stockholm, SWE, 114 35
Website
https://www.adtraction.com
Adtraction Group AB is a full-service partner marketing platform, helping brands across multiple industries attract new customers, while helping partners monetise content and traffic. With a user-friendly platform, Adtraction connects brands with a diverse range of marketing partners, ranging from content sites, influencers, affiliates, mobile apps and comparison sites.