VTech Holdings (VTech Holdings) ROCE % : 28.45% (As of Sep. 2023)

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What is VTech Holdings 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. VTech Holdings's annualized ROCE % for the quarter that ended in Sep. 2023 was 28.45%.

VTech Holdings ROCE % Historical Data

The historical data trend for VTech Holdings'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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VTech Holdings ROCE % Chart

VTech Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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30.67

32.22

31.81

22.93

21.75

VTech Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															20.88	26.91	24.57	20.98	28.45

VTech Holdings ROCE % Calculation

VTech Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	180.5	/	( ( (1486.7 - 628)	+	(1318.4 - 517.2) )	/ 2 )
	=	180.5	/	( (858.7	+	801.2)	/ 2 )
	=	180.5	/	829.95
	=	21.75 %

VTech Holdings's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	222.4	/	( ( (1318.4 - 517.2)	+	(1355.2 - 592.7) )	/ 2 )
	=	222.4	/	( ( 801.2	+	762.5 )	/ 2 )
	=	222.4	/	781.85
	=	28.45 %

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

VTech Holdings (OTCPK:VTKLF) 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.

VTech Holdings ROCE % Related Terms

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VTech Holdings (VTech Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » VTech Holdings Ltd (OTCPK:VTKLF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

VTKLY:USA 00303:Hong Kong VTCB:Germany

Address

Block 1, 57 Ting Kok Road, Tai Po, 23rd Floor, Tai Ping Industrial Centre, New Territories, Hong Kong, HKG

Website

https://www.vtech.com

VTech Holdings Ltd is engaged in designing, manufacturing, and distribution of consumer electronic products. It also provides contract manufacturing services. VTech's diverse collection of products include Telephone Products, Business Phones, Electronic Learning Toys, Baby Monitors and Hospitality Products. It offers turnkey services to customers in a number of product categories. The company operates through four geographical segments, North America including the United States and Canada, Europe, Asia Pacific and Others, which covers sales of electronic products to the rest of the world. VTech generates a majority of its revenue from North America and Europe.