Lvmh Moet Hennessy Louis Vuitton SE (Lvmh Moet Hennessy Louis Vuitton SE) ROCE % : 18.92% (As of Dec. 2023)

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What is Lvmh Moet Hennessy Louis Vuitton SE 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. Lvmh Moet Hennessy Louis Vuitton SE's annualized ROCE % for the quarter that ended in Dec. 2023 was 18.92%.

Lvmh Moet Hennessy Louis Vuitton SE ROCE % Historical Data

The historical data trend for Lvmh Moet Hennessy Louis Vuitton SE'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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Lvmh Moet Hennessy Louis Vuitton SE ROCE % Chart

Lvmh Moet Hennessy Louis Vuitton SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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16.82

10.25

18.66

19.81

21.45

Lvmh Moet Hennessy Louis Vuitton SE 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															20.28	18.60	21.82	24.16	18.92

Lvmh Moet Hennessy Louis Vuitton SE ROCE % Calculation

Lvmh Moet Hennessy Louis Vuitton SE'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 )
	=	24645.583	/	( ( (142633.475 - 33414.195)	+	(156700.109 - 36145.038) )	/ 2 )
	=	24645.583	/	( (109219.28	+	120555.071)	/ 2 )
	=	24645.583	/	114887.1755
	=	21.45 %

Lvmh Moet Hennessy Louis Vuitton SE'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 )
	=	22170.12	/	( ( (151002.167 - 37150.596)	+	(156700.109 - 36145.038) )	/ 2 )
	=	22170.12	/	( ( 113851.571	+	120555.071 )	/ 2 )
	=	22170.12	/	117203.321
	=	18.92 %

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

Lvmh Moet Hennessy Louis Vuitton SE (OTCPK:LVMUY) 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.

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Lvmh Moet Hennessy Louis Vuitton SE (Lvmh Moet Hennessy Louis Vuitton SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lvmh Moet Hennessy Louis Vuitton SE (OTCPK:LVMUY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

LVMHF:USA LVMH01:Thailand MC:Mexico LVMH:Italy MCp:UK 0HAU:UK MC:France MOH:Germany MC:Austria

Address

22, Avenue Montaigne, Paris, FRA, 75008

Website

https://www.lvmh.com

LVMH is a global producer and distributor of luxury goods. It operates six segments: fashion and leather goods, its largest and oldest; watches and jewelry; wines and spirits; perfumes and cosmetics; selective retailing (including Sephora and airport duty-free retailer DFS); and other (including publishing). Higher-profile brands include Louis Vuitton, Bulgari, Fendi, Givenchy, Tag Heuer, Hennessy, Moet & Chandon, Glenmorangie, Sephora, and Benefit. LVMH operates more than 5,000 stores around the globe.