Venture (Venture) ROCE % : 11.30% (As of Dec. 2023)

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What is Venture 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. Venture's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.30%.

Venture ROCE % Historical Data

The historical data trend for Venture'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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Venture ROCE % Chart

Venture Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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17.34

13.52

13.35

16.16

11.68

Venture Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															14.69	15.36	16.98	12.11	11.30

Venture ROCE % Calculation

Venture'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 )
	=	248.844	/	( ( (2775.117 - 660.704)	+	(2668.556 - 523.019) )	/ 2 )
	=	248.844	/	( (2114.413	+	2145.537)	/ 2 )
	=	248.844	/	2129.975
	=	11.68 %

Venture'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	239.802	/	( ( (2701.554 - 601.163)	+	(2668.556 - 523.019) )	/ 2 )
	=	239.802	/	( ( 2100.391	+	2145.537 )	/ 2 )
	=	239.802	/	2122.964
	=	11.30 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Venture (OTCPK:VEMLY) 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.

Venture ROCE % Related Terms

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Venture (Venture) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Venture Corp Ltd (OTCPK:VEMLY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

VEMLF:USA V03:Singapore VEM:Germany

Address

5006 Ang Mo Kio Avenue 5, No. 05-01/12 TECHplace II, Singapore, SGP, 569873

Website

https://www.venture.com.sg

Venture Corp Ltd is a Singapore-based company that provides technology services, products and solutions. It offers solutions such as supply chain management, product refurbishment, and technical support, product and process engineering and others. The company's reportable segments are Advanced Manufacturing and Design Solutions, and Technology Products and Design Solutions. It generates a majority of its revenue from the Advanced Manufacturing and Design Solutions segment. Geographically, the company generates a majority of its revenue from Asia excluding Singapore.

Venture (Venture) Headlines

From GuruFocus

Roger Edgley Comments on Venture Corp. Ltd.

By Holly LaFon Holly LaFon • 12-07-2017