Vaisala Oyj (Vaisala Oyj) ROCE % : 10.57% (As of Mar. 2024)

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What is Vaisala 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. Vaisala Oyj's annualized ROCE % for the quarter that ended in Mar. 2024 was 10.57%.

Vaisala Oyj ROCE % Historical Data

The historical data trend for Vaisala 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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Vaisala Oyj ROCE % Chart

Vaisala Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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19.10

18.00

17.09

24.42

25.10

Vaisala 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															26.51	17.16	31.55	22.41	10.57

Vaisala Oyj ROCE % Calculation

Vaisala 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 )
	=	81.788	/	( ( (465.254 - 181.038)	+	(482.879 - 115.376) )	/ 2 )
	=	81.788	/	( (284.216	+	367.503)	/ 2 )
	=	81.788	/	325.8595
	=	25.10 %

Vaisala 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 )
	=	37.392	/	( ( (482.879 - 115.376)	+	(496.087 - 155.761) )	/ 2 )
	=	37.392	/	( ( 367.503	+	340.326 )	/ 2 )
	=	37.392	/	353.9145
	=	10.57 %

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

Vaisala Oyj (OTCPK:VAIAF) 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.

Vaisala Oyj ROCE % Related Terms

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Vaisala Oyj (Vaisala Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vaisala Oyj (OTCPK:VAIAF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

VAIAS:Finland VAYA:Germany

Address

Vanha Nurmijarventie 21, P.O. Box 26, Vantaa, FIN, 01670

Website

https://www.vaisala.com

Vaisala Oyj operates through Weather and Environment Business Area and Industrial Measurements Business Area segments. The company has two operating segments which are based on the type of business operations: Industrial Measurements business area and Weather and Environment business area. Industrial Measurements Business Area serves customers who operate in industries in which the monitoring of conditions is crucial to optimize operational efficiency, product quality, and energy consumption. Vaisala generates the majority of revenue through the weather segment and its business across is amplifying worldwide.