GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Phoenix Vega Mezz PLC (ATH:PVMEZZ) » Definitions » ROCE %

Phoenix Vega Mezz (ATH:PVMEZZ) ROCE % : 142.73% (As of Jun. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Phoenix Vega Mezz 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. Phoenix Vega Mezz's annualized ROCE % for the quarter that ended in Jun. 2024 was 142.73%.


Phoenix Vega Mezz ROCE % Historical Data

The historical data trend for Phoenix Vega Mezz'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.

Phoenix Vega Mezz ROCE % Chart

Phoenix Vega Mezz Annual Data
Trend Dec21 Dec22 Dec23
ROCE %
- 8.25 24.16

Phoenix Vega Mezz Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24
ROCE % - - 25.02 23.18 142.73

Phoenix Vega Mezz ROCE % Calculation

Phoenix Vega Mezz'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 )
=12.319/( ( (54.492 - 0.094) + (47.685 - 0.1) )/ 2 )
=12.319/( (54.398+47.585)/ 2 )
=12.319/50.9915
=24.16 %

Phoenix Vega Mezz's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=105.39/( ( (47.685 - 0.1) + (100.419 - 0.326) )/ 2 )
=105.39/( ( 47.585 + 100.093 )/ 2 )
=105.39/73.839
=142.73 %

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


Phoenix Vega Mezz  (ATH:PVMEZZ) 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.


Phoenix Vega Mezz ROCE % Related Terms

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


Phoenix Vega Mezz Business Description

Traded in Other Exchanges
N/A
Address
33 Vasilissis Friderikis, Palais D’ Ivoire House, 2nd Floor, Nicosia, CYP, 1066
Phoenix Vega Mezz PLC is engaged in holding and managing mezzanine and junior securitization notes.

Phoenix Vega Mezz Headlines

No Headlines