Qev NV (FRA:7IO) ROCE %: 1.72% (As of Dec. 2022)


FRA:7IO Qev NV FRA:7IO
19 GF Score
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What is Qev NV ROCE %?

Qev NV FRA:7IO 19 ROCE % is 1.72% as of Dec. 2022. GuruFocus rates FRA:7IO with a GF Score™ of 19/100.

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. Qev NV's annualized ROCE % for the quarter that ended in Dec. 2022 was 1.72%.

Qev NV  (FRA:7IO) 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.

Qev NV ROCE % Related Terms

Qev NV ROCE % Historical Data

* Premium members only.

The historical data trend for Qev NV'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.

Qev NV ROCE % Chart

Qev NV Annual Data
Trend Dec21 Dec22
ROCE %
-3.07 2.29

Qev NV Semi-Annual Data
Jun21 Dec21 Jun22 Dec22
ROCE % 0.00 -0.07 2.85 1.72
FRA:7IO
19GF Score
Qev NV FRA:7IO
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Qev NV ROCE % Calculation

Qev NV's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=4.135/( ( (185.247 - 3.464) + (180.305 - 0.281) )/ 2 )
=4.135/( (181.783+180.024)/ 2 )
=4.135/180.9035
=2.29 %

Qev NV's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2022 )  (Q: Jun. 2022 )(Q: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2022 )  (Q: Jun. 2022 )(Q: Dec. 2022 )
=3.104/( ( (181.474 - 0.542) + (180.305 - 0.281) )/ 2 )
=3.104/( ( 180.932 + 180.024 )/ 2 )
=3.104/180.478
=1.72 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2022) 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 1.72% mean?
Qev NV (FRA:7IO) has a ROCE % of 1.72% as of Dec. 2022.
Is Qev NV's ROCE % too high?
Qev NV's current ROCE % is 1.72%. The Vehicles & Parts industry median ROCE % is 7.94. Qev NV's value of 1.72% is 78.3% below this industry median. Overall, Qev NV has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Qev NV's ROCE % compare to TSLA and STLA?
Qev NV's ROCE % of 1.72% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. Qev NV's value of 1.72% is 78.3% 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 Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.94, based on 1,319 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. Qev NV's current ROCE % of 1.72% is 78.3% 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 Vehicles & Parts industry, the median ROCE % is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qev NV's current ROCE % is 1.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qev NV stock overvalued right now?
Qev NV (FRA:7IO) has a current ROCE % of 1.72%. The current ROCE % is 1.72% and 78.3% below the Vehicles & Parts industry median of 7.94. Qev NV's overall GF Score™ is 19/100. 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 Qev NV (FRA:7IO), the current ROCE % is 1.72% as of Dec. 2022. 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.

Qev NV Business Description

Address Carrer del Rec Molinar, 11, Montmelo, Barcelona, ESP, 08160
Qev NV designs, develops, manufactures, and sells electric light commercial vehicles and electric buses, as well as offering aftersales and maintenance services, and has further business lines related to electric motorsport. It sells its electric vans, trucks and buses primarily to businesses and public transport companies seeking to establish or grow their electric fleets, and is focused on serving the urban mobility and last-mile delivery markets. Under the ZEROID brand, QEV Technologies offers a zero-emission fleet that includes multiple electric van models, delivery trucks, and electric and hydrogen platforms for buses.
19GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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