AVJennings (ASX:AVJ) ROCE % : 0.99% (As of Dec. 2024)

View and export this data going back to 1994. Start your Free Trial

What is AVJennings 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. AVJennings's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.99%.

AVJennings ROCE % Historical Data

The historical data trend for AVJennings'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.

* Premium members only.

AVJennings ROCE % Chart

AVJennings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

Get a 7-Day Free Trial

2.09

4.40

3.01

4.64

0.25

AVJennings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial															6.53	2.65	1.13	-0.62	0.99

AVJennings ROCE % Calculation

AVJennings's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	1.897	/	( ( (871.176 - 145.344)	+	(863.194 - 79.272) )	/ 2 )
	=	1.897	/	( (725.832	+	783.922)	/ 2 )
	=	1.897	/	754.877
	=	0.25 %

AVJennings's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	7.466	/	( ( (863.194 - 79.272)	+	(849.871 - 122.36) )	/ 2 )
	=	7.466	/	( ( 783.922	+	727.511 )	/ 2 )
	=	7.466	/	755.7165
	=	0.99 %

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

AVJennings (ASX:AVJ) 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.

AVJennings ROCE % Related Terms

Thank you for viewing the detailed overview of AVJennings's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

AVJennings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » AVJennings Ltd (ASX:AVJ) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

A05:Singapore

Address

108 Power Street, Level 4, Hawthorn, Melbourne, VIC, AUS, 3122

Website

https://www.avjennings.com.au

AVJennings Ltd is engaged in the residential development business. The company's operations include the Australian States and New Zealand where the company operates activities relating to reportable segments which are Jurisdictions that include Land Development, Integrated Housing, and apartment development; Other segments include numerous low-value items, amongst which are interest. The firm's segments include NSW, VIC, QLD, SA, NZ, and Other. The company generates maximum revenue from NSW and VIC.

AVJennings Headlines

No Headlines