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REVO Insurance SpA (MIL:REVO) ROC % : 0.00% (As of Jun. 2024)


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What is REVO Insurance SpA ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. REVO Insurance SpA's annualized return on capital (ROC %) for the quarter that ended in Jun. 2024 was 0.00%.

As of today (2025-04-10), REVO Insurance SpA's WACC % is 9.58%. REVO Insurance SpA's ROC % is 0.00% (calculated using TTM income statement data). REVO Insurance SpA earns returns that do not match up to its cost of capital. It will destroy value as it grows.


REVO Insurance SpA ROC % Historical Data

The historical data trend for REVO Insurance SpA's ROC % 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.

* Premium members only.

REVO Insurance SpA ROC % Chart

REVO Insurance SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROC %
Get a 7-Day Free Trial 0.01 -0.02 1.97 - -

REVO Insurance SpA Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
ROC % Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.72 - - - -

REVO Insurance SpA ROC % Calculation

REVO Insurance SpA's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2023 is calculated as:

ROC % (A: Dec. 2023 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2022 ) + Invested Capital (A: Dec. 2023 ))/ count )
=0 * ( 1 - -4.18% )/( (341.2943 + 406.1452)/ 2 )
=0/373.71975
=0.00 %

where

Invested Capital(A: Dec. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=359.391 - 18.167 - ( 4.652 - 5% * 94.446 )
=341.2943

Invested Capital(A: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=425.113 - 23.586 - ( 6.402 - 5% * 220.404 )
=406.1452

REVO Insurance SpA's annualized Return on Capital (ROC %) for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=0 * ( 1 - 22.03% )/( (403.1572 + 439.9037)/ 2 )
=0/421.53045
=0.00 %

where

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=425.113 - 23.586 - ( 6.402 - 5% * 160.644 )
=403.1572

Invested Capital(Q: Jun. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=459.496 - 17.369 - ( 6.402 - 5% * 83.574 )
=439.9037

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) data.

* 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.


REVO Insurance SpA  (MIL:REVO) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, REVO Insurance SpA's WACC % is 9.58%. REVO Insurance SpA's ROC % is 0.00% (calculated using TTM income statement data). REVO Insurance SpA earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


REVO Insurance SpA ROC % Related Terms

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REVO Insurance SpA Business Description

Traded in Other Exchanges
Address
Via Monte Rosa 91, Milan, ITA, 20149
REVO Insurance SpA is an insurance company based in Italy. It specializes in special and parametric risks and with a prevalent, as well as focus on the SME sector. It operates in the Non-life Operations segment, Life Operations segment, Equity interests, and others, and the majority of its revenue comes from the Non-life Operations segment.

REVO Insurance SpA Headlines

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