Vinci (VCISF) ROCE % : 13.67% (As of Dec. 2023)

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What is Vinci 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. Vinci's annualized ROCE % for the quarter that ended in Dec. 2023 was 13.67%.

Vinci ROCE % Historical Data

The historical data trend for Vinci'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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Vinci ROCE % Chart

Vinci Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.87

4.73

7.57

11.04

12.59

Vinci 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															10.10	9.96	12.96	11.29	13.67

Vinci ROCE % Calculation

Vinci'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 )
	=	8935.66	/	( ( (118634.534 - 51128.178)	+	(129288.986 - 54899.673) )	/ 2 )
	=	8935.66	/	( (67506.356	+	74389.313)	/ 2 )
	=	8935.66	/	70947.8345
	=	12.59 %

Vinci'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 )
	=	9973.828	/	( ( (124227.519 - 52736.728)	+	(129288.986 - 54899.673) )	/ 2 )
	=	9973.828	/	( ( 71490.791	+	74389.313 )	/ 2 )
	=	9973.828	/	72940.052
	=	13.67 %

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

Vinci (OTCPK:VCISF) 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.

Vinci ROCE % Related Terms

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Vinci (VCISF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Vinci SA (OTCPK:VCISF) » Definitions » ROCE %

Comparable Companies

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VCISY:USA DGp:UK 0NQM:UK DG:France SQU:Germany SQUA:Germany SQUA:Germany SQU:Germany SQU:Germany SQU:Germany

Address

1973, Boulevard de la Defense, CS 10268, Nanterre Cedex, Paris, FRA, 92757

Website

https://www.vinci.com

Vinci is one of the world's largest investors in transport infrastructure. Significant concession assets include 4,400 kilometers of toll roads in France and 72 airports across 13 countries, making Vinci the world's largest airport operator in terms of managed passenger numbers. The concession's business contributes less than one fifth of group revenue but the majority of operating profit. Vinci's contracting business provides a broad variety of engineering and construction services.

Vinci (VCISF) Headlines

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