DSDVF (DSV AS) ROCE % : 15.10% (As of Sep. 2024)

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What is DSV AS 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. DSV AS's annualized ROCE % for the quarter that ended in Sep. 2024 was 15.10%.

DSV AS ROCE % Historical Data

The historical data trend for DSV AS'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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DSV AS ROCE % Chart

DSV AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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12.65

10.15

17.56

21.63

16.48

DSV AS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															15.83	14.44	13.38	14.51	15.10

DSV AS ROCE % Calculation

DSV AS'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 )
	=	2628.607	/	( ( (22646.627 - 6659.5)	+	(21523.673 - 5609.381) )	/ 2 )
	=	2628.607	/	( (15987.127	+	15914.292)	/ 2 )
	=	2628.607	/	15950.7095
	=	16.48 %

DSV AS's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	2597.796	/	( ( (22755.134 - 5954.771)	+	(23567.431 - 5960.256) )	/ 2 )
	=	2597.796	/	( ( 16800.363	+	17607.175 )	/ 2 )
	=	2597.796	/	17203.769
	=	15.10 %

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

DSV AS (OTCPK:DSDVF) 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.

DSV AS ROCE % Related Terms

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DSV AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » DSV AS (OTCPK:DSDVF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

DSDVY:USA DSVc:UK 0JN9:UK DSV:Denmark DS81:Germany DSV:Austria

Address

Hovedgaden 630, Hedehusene, DNK, 2640

Website

https://www.dsv.com

DSV is a Danish-listed transport and logistics company, offering transport services worldwide by road, air, and sea, with the bulk of its activities coming from airfreight and sea freight forwarding businesses. Since its founding in 1976, the company has grown rapidly, mainly via acquisitions. The company has been active in the mergers and acquisitions segment, most recently acquiring peer GIL in 2021, and is due to acquire DB Schenker in 2025, which would make it the largest sea freight forwarder.