Definitions of key ratios

 
Return on Equity (ROE), % Profit before taxes – taxes
=
x 100
Total equity, average
 
Return on Investment (ROI), % Profit before taxes + interest and other financing costs
=
x 100
Balance sheet total – non-interest-bearing liabilities, average
 
Solvency, % Total equity
=
x 100
Balance sheet total - advance payments received
 
Gearing, % Net interest-bearing liabilities
=
x 100
Total equity
 
Net interest-bearing liabilities Interest-bearing liabilities – cash, bank receivables and financial assets excluding restricted cash
=
 
Earnings per share (EPS) Profit for the period attributable to equity holders of the parent company
=
Average number of shares adjusted for share issue in financial period excluding treasury shares
 
Equity per share ratio Equity attributable to the owners of the parent company
=
Number of shares adjusted for share issue at end of year
 
Dividend per share ratio Dividend per share
=
x 100
Earnings per share
 
Effective dividend yield Dividend per share
=
x 100
Share price at end of financial period
 
Price-Earnings ratio (P/E) Share price at end of financial period
=
Earnings per share
 
Market value of shares Number of shares at end of financial period x last trading price
=
 
Average share price Total value of shares traded (€)
=
Total number of shares traded
 
Gross profit margin Gross profit
=
x 100
Net sales
 
Operating profit margin Operating profit
=
x 100
Net sales
 
Comparable gross profit margin Gross profit - items affecting comparability
=
x 100
Net sales
 
Comparable operating profit margin Operating profit - items affecting comparability
=
x 100
Net sales