OneSpan (FRA:VDY) ROCE % : 13.09% (As of Dec. 2023)

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What is OneSpan 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. OneSpan's annualized ROCE % for the quarter that ended in Dec. 2023 was 13.09%.

OneSpan ROCE % Historical Data

The historical data trend for OneSpan'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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OneSpan ROCE % Chart

OneSpan Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.87

-1.65

-9.83

-5.98

-5.71

OneSpan Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-4.38	-13.29	-22.47	3.55	13.09

OneSpan ROCE % Calculation

OneSpan'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 )
	=	-10.601	/	( ( (316.317 - 104.608)	+	(265.188 - 105.299) )	/ 2 )
	=	-10.601	/	( (211.709	+	159.889)	/ 2 )
	=	-10.601	/	185.799
	=	-5.71 %

OneSpan'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	22.2	/	( ( (264.883 - 85.577)	+	(265.188 - 105.299) )	/ 2 )
	=	22.2	/	( ( 179.306	+	159.889 )	/ 2 )
	=	22.2	/	169.5975
	=	13.09 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

OneSpan (FRA:VDY) 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.

OneSpan ROCE % Related Terms

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OneSpan (FRA:VDY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » OneSpan Inc (FRA:VDY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

OSPN:USA VDY:Germany

Address

121 West Wacker Drive, Suite 2050, Chicago, IL, USA, 60601

Website

https://investors.onespan.com

OneSpan Inc is a provider of information technology security solutions for banking and financial services and application security markets. Its solutions secure and manage access to digital assets and protect online transactions, via mobile devices and in-person. Authentication and anti-fraud solutions are the organization's primary product offerings and include multifactor authentication and virtual private network access capabilities. The company derives revenues from hardware and license fees, maintenance and support fees, and subscription fees. A large majority of the firm's revenue is generated in Europe, Middle East and Africa, and the rest in the United States and Asia-Pacific region.

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