ViVeTech Zrt (BUD:VVT) ROCE % : 25.94% (As of Jun. 2024)

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What is ViVeTech Zrt 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. ViVeTech Zrt's annualized ROCE % for the quarter that ended in Jun. 2024 was 25.94%.

ViVeTech Zrt ROCE % Historical Data

The historical data trend for ViVeTech Zrt'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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ViVeTech Zrt ROCE % Chart

ViVeTech Zrt Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

5.05

48.57

31.80

-7.41

12.40

ViVeTech Zrt Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial				3.28	-14.39	19.98	6.01	25.94

ViVeTech Zrt ROCE % Calculation

ViVeTech Zrt'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 )
	=	102.218	/	( ( (1438.689 - 687.89)	+	(1175.365 - 278.037) )	/ 2 )
	=	102.218	/	( (750.799	+	897.328)	/ 2 )
	=	102.218	/	824.0635
	=	12.40 %

ViVeTech Zrt'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 )
	=	237.62	/	( ( (1175.365 - 278.037)	+	(1278.868 - 344.234) )	/ 2 )
	=	237.62	/	( ( 897.328	+	934.634 )	/ 2 )
	=	237.62	/	915.981
	=	25.94 %

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

ViVeTech Zrt (BUD:VVT) 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.

ViVeTech Zrt ROCE % Related Terms

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ViVeTech Zrt Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Szuret street 15, Budapest, HUN, H-1118

Website

https://www.vivetech.com

ViVeTech Zrt is a Hungarian-owned IT consulting and development company. It is an application platform that, owing to its high level of automation and integration, implements the complete and efficient operation of the information security management system (ISMS) in a single system. Its services include IT security and project management.

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