Hove A/S

Hove A/S ROCE

The Return on Capital Employed (ROCE) of Hove A/S (HOVE.CO) as of Oct 27, 2026 is 23.15 %. In the previous year, Return on Capital Employed (ROCE) was 14.90 % — a change of 55.32% (higher).

ROCE

23.15 %

YoY

55.32%

Last updated:

In 2025, Hove A/S's return on capital employed (ROCE) was 23.15 %, a 55.32% increase from the 14.90 % ROCE in the previous year.

The Hove A/S ROCE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROCE
Date
ROCE
Jan 1, 2019
23.38 DKK
Jan 1, 2020
42.26 DKK
Jan 1, 2021
9.48 DKK
Jan 1, 2022
14.91 DKK
Jan 1, 2023
19.82 DKK
Jan 1, 2024
14.90 DKK
Jan 1, 2025
23.15 DKK
The Hove A/S ROCE history
YEARROCEYoY
23.15 %+55.32%
14.90 %-24.82%
19.82 %+32.92%
14.91 %+57.26%
9.48 %-77.56%
42.26 %+80.76%
23.38 %—

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Hove A/S Stock analysis

What does Hove A/S do? Hove A/S generates revenue through its hardware products including lubrication pumps, hose sets, quick couplings, lubrication nipples, and grease containers. The company also sells its software solution that communicates with the lubrication pump to ensure proper lubrication and track completed work. The primary customers are industrial clients requiring maintenance solutions for machinery, while the software is targeted at facilities seeking to optimize their lubrication processes through data tracking and automation. Hove's dual offering of physical hardware and connected software creates a comprehensive maintenance ecosystem for industrial operations. The company's revenue streams are divided between the sale of physical lubrication equipment and the licensing of its software platform. Hardware sales cater to traditional maintenance needs, while the software solution provides value through real-time monitoring and historical data analysis, appealing to facilities managers focused on operational efficiency. This combined approach allows Hove to address both immediate equipment needs and long-term process optimization for its industrial clients. Hove A/S's business model relies on recurring revenue from software subscriptions alongside one-time hardware sales. The software solution enhances customer retention by providing ongoing value through tracking capabilities and performance insights, while the hardware components form the foundational product offering. This structure supports sustainable growth as industrial clients increasingly prioritize data-driven maintenance strategies. Hove A/S is one of the most popular companies on Eulerpool.

ROCE Details

Unraveling Hove A/S's Return on Capital Employed (ROCE)

Hove A/S's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Hove A/S's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Hove A/S's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Hove A/S’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Hove A/S stock

Return on Capital Employed (ROCE) of Hove A/S is 23.15 % in 2025.

Return on Capital Employed (ROCE) of Hove A/S changed from 14.90 % to 23.15 %, representing a 55.32% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Capital Employed (ROCE) Hove A/S since 2006 – with annual values, charts, and detailed analysis.

ROCE is a profitability measure and stands for Return on Capital Employed or the return on invested capital. The measure shows the ratio of operating profit to the interest-bearing capital employed. The higher the return on capital employed, the more profitable a company operates and the higher the important free cash flow. The free cash flow refers to the portion of profits that is not needed for expanding the company at the end of a period, but is available to shareholders.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Capital Employed (ROCE)'s Hove A/S with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Capital Employed (ROCE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Capital Employed (ROCE).

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Profitability — Hove A/S

ROEROAROCEROICAsset TurnoverInventory TurnoverReceivables TurnoverDays Sales OutstandingDays Inventory OutstandingDays Payable OutstandingCash Conversion CycleCROICGross Profit/AssetsFixed Asset TurnoverEquity TurnoverWorking Capital TurnoverPayables TurnoverCapital IntensityReceivables/RevenueInventory/RevenueEBIT/Assets

All Key Metrics — Hove A/S