Van de Velde NV (XBRU:VAN) ROCE % : 14.15% (As of Dec. 2023)

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What is Van de Velde NV 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. Van de Velde NV's annualized ROCE % for the quarter that ended in Dec. 2023 was 14.15%.

Van de Velde NV ROCE % Historical Data

The historical data trend for Van de Velde NV'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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Van de Velde NV ROCE % Chart

Van de Velde NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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18.17

11.01

24.09

26.29

24.33

Van de Velde NV 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															20.43	36.94	16.89	35.99	14.15

Van de Velde NV ROCE % Calculation

Van de Velde NV'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 )
	=	42.754	/	( ( (208.435 - 32.112)	+	(202.971 - 27.885) )	/ 2 )
	=	42.754	/	( (176.323	+	175.086)	/ 2 )
	=	42.754	/	175.7045
	=	24.33 %

Van de Velde NV'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 )
	=	24.074	/	( ( (195.732 - 30.642)	+	(202.971 - 27.885) )	/ 2 )
	=	24.074	/	( ( 165.09	+	175.086 )	/ 2 )
	=	24.074	/	170.088
	=	14.15 %

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

Van de Velde NV (XBRU:VAN) 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.

Van de Velde NV ROCE % Related Terms

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Van de Velde NV (XBRU:VAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Van de Velde NV (XBRU:VAN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

VDEVF:USA VO4:Germany

Address

Lageweg 4, Schellebelle, BEL, 9260

Website

https://www.vandevelde.eu

Van de Velde NV primarily designs and produces women's lingerie. Brands include Marie Jo, Primadonna, and Andres Sarda. Van de Velde sells majority of its items through the wholesale channel to independent specialty retailers. The remaining sales are primarily through retail stores the company owns or franchises. Van de Velde sells its products worldwide, and it has retail stores throughout continental Europe, the United Kingdom, the United States, Hong Kong, and Dubai. Van de Velde manufactures its products in Asia and Tunisia.

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