BlueVenture Group PCL (BKK:BVG) ROCE % : 12.15% (As of Dec. 2023)

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What is BlueVenture Group PCL 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. BlueVenture Group PCL's annualized ROCE % for the quarter that ended in Dec. 2023 was 12.15%.

BlueVenture Group PCL ROCE % Historical Data

The historical data trend for BlueVenture Group PCL'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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BlueVenture Group PCL ROCE % Chart

BlueVenture Group PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

19.09

15.60

16.55

14.78

BlueVenture Group PCL Quarterly Data
	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial							11.54	15.09	9.26	12.95	12.15

BlueVenture Group PCL ROCE % Calculation

BlueVenture Group PCL'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 )
	=	87.294	/	( ( (481.607 - 75.881)	+	(913.806 - 137.997) )	/ 2 )
	=	87.294	/	( (405.726	+	775.809)	/ 2 )
	=	87.294	/	590.7675
	=	14.78 %

BlueVenture Group PCL'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	93.056	/	( ( (869.197 - 113.34)	+	(913.806 - 137.997) )	/ 2 )
	=	93.056	/	( ( 755.857	+	775.809 )	/ 2 )
	=	93.056	/	765.833
	=	12.15 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

BlueVenture Group PCL (BKK:BVG) 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.

BlueVenture Group PCL ROCE % Related Terms

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BlueVenture Group PCL (BKK:BVG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BlueVenture Group PCL (BKK:BVG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rajchadapisek Road, 48/21 Soi Rajchadapisek 20, Samsennok Sub-district, Huaykwang District, Bangkok, THA, 10310

Website

https://www.blueventuregroup.co.th

BlueVenture Group PCL operates into business units based on its business types of businesses, Providing system services related to Motor insurance, Claims evaluation service and other service business. Each segment is different in service The Company is principally engaged in the provision of consultant services in relation to repair, loss and claim survey for motor vehicles. The Group operates in Thailand.

BlueVenture Group PCL (BKK:BVG) Headlines

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