Friedrich Vorwerk Group SE (CHIX:VH2D) ROCE % : 3.99% (As of Mar. 2024)

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

What is Friedrich Vorwerk Group SE 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. Friedrich Vorwerk Group SE's annualized ROCE % for the quarter that ended in Mar. 2024 was 3.99%.

Friedrich Vorwerk Group SE ROCE % Historical Data

The historical data trend for Friedrich Vorwerk Group SE'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.

Friedrich Vorwerk Group SE ROCE % Chart

Friedrich Vorwerk Group SE Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

45.16

48.16

23.91

14.62

6.35

Friedrich Vorwerk Group SE Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial													2.36	6.30	4.30	12.34	3.99

Friedrich Vorwerk Group SE ROCE % Calculation

Friedrich Vorwerk Group SE'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 )
	=	13.831	/	( ( (308.079 - 90.147)	+	(311.276 - 93.73) )	/ 2 )
	=	13.831	/	( (217.932	+	217.546)	/ 2 )
	=	13.831	/	217.739
	=	6.35 %

Friedrich Vorwerk Group SE's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	8.86	/	( ( (311.276 - 93.73)	+	(308.396 - 82.358) )	/ 2 )
	=	8.86	/	( ( 217.546	+	226.038 )	/ 2 )
	=	8.86	/	221.792
	=	3.99 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Friedrich Vorwerk Group SE (CHIX:VH2d) 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.

Friedrich Vorwerk Group SE ROCE % Related Terms

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

Friedrich Vorwerk Group SE (CHIX:VH2D) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Friedrich Vorwerk Group SE (CHIX:VH2d) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

VH2:Germany

Address

Niedersachsenstrasse 19-21, Tostedt, DEU, 21255

Website

https://www.friedrich-vorwerk.de

Friedrich Vorwerk Group SE is a driver of the European energy transition. It has four segments Natural Gas segment, which is the key revenue driver, comprises the transport and conversion of raw natural gas into treated natural gas, Electricity segment provides infrastructure for the underground transport and conversion of electricity, which is generated from non-fossil energy sources such as wind, solar, hydro, and regenerative resources, Clean Hydrogen segment comprises the conversion of energy from energy sources into clean hydrogen and its transportation to consumers, Adjacent Opportunities segment concentrates on the related turnkey technologies, and the majority of its revenue comes from Adjacent Opportunities.

Friedrich Vorwerk Group SE (CHIX:VH2D) Headlines

No Headlines