Opus Global (FRA:1VY) ROCE % : 6.84% (As of Sep. 2024)

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What is Opus Global 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. Opus Global's annualized ROCE % for the quarter that ended in Sep. 2024 was 6.84%.

Opus Global ROCE % Historical Data

The historical data trend for Opus Global'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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Opus Global ROCE % Chart

Opus Global Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-2.28

0.41

9.76

6.14

9.22

Opus Global 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															12.58	1.73	11.78	7.31	6.84

Opus Global ROCE % Calculation

Opus Global'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 )
	=	179.692	/	( ( (2729.01 - 852.291)	+	(2807.717 - 787.306) )	/ 2 )
	=	179.692	/	( (1876.719	+	2020.411)	/ 2 )
	=	179.692	/	1948.565
	=	9.22 %

Opus Global'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 )
	=	137.476	/	( ( (2747.546 - 735.797)	+	(2680.71 - 672.213) )	/ 2 )
	=	137.476	/	( ( 2011.749	+	2008.497 )	/ 2 )
	=	137.476	/	2010.123
	=	6.84 %

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

Opus Global (FRA:1VY) 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.

Opus Global ROCE % Related Terms

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Opus Global Business Description

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OPUS:Hungary

Address

59 Andrassy Street, Budapest, HUN, 1062

Website

https://www.opusglobal.hu

Opus Global PLC is a holding company manufacturing furnaces and fireplaces, construction activities, developing properties, and operating resorts. The company has structured its operations into the following businesses - industrial manufacturing, agriculture and food industry, Tourism, and asset management segment. The maximum revenue is generated from the industrial manufacturing business. Its geographic segments are Hungary, Germany, Austria, Switzerland, and Montenegro. It generates the majority of its revenue from Hungary.

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