CVHL (CV Holdings) ROCE %: 0.37% (As of Dec. 2008)


What is CV Holdings ROCE %?

CV Holdings CVHL ROCE % is 0.37% as of Dec. 2008.

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. CV Holdings's annualized ROCE % for the quarter that ended in Dec. 2008 was 0.37%.

CV Holdings  (OTCPK:CVHL) 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.

CV Holdings ROCE % Related Terms

CV Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for CV Holdings'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.

CV Holdings ROCE % Chart

CV Holdings Annual Data
Trend Dec05 Dec06 Dec07 Dec08
ROCE %
0.60 5.05 5.57 -2.73

CV Holdings Quarterly Data
Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.95 4.98 -9.94 -7.74 0.37

CV Holdings ROCE % Calculation

CV Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2008 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2008 )  (A: Dec. 2007 )(A: Dec. 2008 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2008 )  (A: Dec. 2007 )(A: Dec. 2008 )
=-46.495/( ( (2069.299 - 37.234) + (1402.943 - 31.156) )/ 2 )
=-46.495/( (2032.065+1371.787)/ 2 )
=-46.495/1701.926
=-2.73 %

CV Holdings's ROCE % of for the quarter that ended in Dec. 2008 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2008 )  (Q: Sep. 2008 )(Q: Dec. 2008 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2008 )  (Q: Sep. 2008 )(Q: Dec. 2008 )
=5.252/( ( (1566.028 - 66.872) + (1402.943 - 31.156) )/ 2 )
=5.252/( ( 1499.156 + 1371.787 )/ 2 )
=5.252/1435.4715
=0.37 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2008) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 0.37% mean?
CV Holdings (CVHL) has a ROCE % of 0.37% as of Dec. 2008.
Is CV Holdings' ROCE % too high?
CV Holdings' current ROCE % is 0.37%. The Credit Services industry median ROCE % is 3.39. CV Holdings' value of 0.37% is 89.1% below this industry median.
How does CV Holdings' ROCE % compare to ACMC and BMNM?
CV Holdings' ROCE % of 0.37% can be compared against companies in the Credit Services industry. The industry median ROCE % is 3.39. CV Holdings' value of 0.37% is 89.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Credit Services company?
The median ROCE % among Credit Services companies is 3.39, based on 417 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CV Holdings's current ROCE % of 0.37% is 89.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Credit Services industry, the median ROCE % is 3.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CV Holdings's current ROCE % is 0.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CV Holdings stock overvalued right now?
CV Holdings (CVHL) has a current ROCE % of 0.37%. The current ROCE % is 0.37% and 89.1% below the Credit Services industry median of 3.39. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For CV Holdings (CVHL), the current ROCE % is 0.37% as of Dec. 2008. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

CV Holdings Business Description

Address 1300 Quail Street, Suite 106, Newport Beach, CA, USA, 92660
CV Holdings Inc operates as a holding company for finance-related businesses. The company, through its wholly-owned or controlled subsidiaries, holds several types of investment assets, including contracts receivable, and investments in a joint venture and limited liability company. Its primary business is focused on commercial small ticket equipment leases or finance contracts nationwide across various industries where originations utilize a broker- and vendor based model.