Vantage Towers AG (HAM:VTWR) ROCE %: 5.79% (As of Mar. 2023)


HAM:VTWR Vantage Towers AG HAM:VTWR
44 GF Score
Price €38.60
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What is Vantage Towers AG ROCE %?

Vantage Towers AG HAM:VTWR 44 ROCE % is 5.79% as of Mar. 2023. GuruFocus rates HAM:VTWR with a GF Score™ of 44/100.

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. Vantage Towers AG's annualized ROCE % for the quarter that ended in Mar. 2023 was 5.79%.

Vantage Towers AG  (HAM:VTWR) 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.

Vantage Towers AG ROCE % Related Terms

Vantage Towers AG ROCE % Historical Data

* Premium members only.

The historical data trend for Vantage Towers AG'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.

Vantage Towers AG ROCE % Chart

Vantage Towers AG Annual Data
Trend Mar21 Mar22 Mar23
ROCE %
2.68 5.42 6.03

Vantage Towers AG Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
ROCE % Get a 7-Day Free Trial 3.51 5.27 5.72 5.68 5.79
HAM:VTWR
44GF Score
Vantage Towers AG HAM:VTWR
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vantage Towers AG ROCE % Calculation

Vantage Towers AG's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=540.7/( ( (10721.6 - 733.8) + (11035.8 - 3098.6) )/ 2 )
=540.7/( (9987.8+7937.2)/ 2 )
=540.7/8962.5
=6.03 %

Vantage Towers AG's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2023 )  (Q: Sep. 2022 )(Q: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2023 )  (Q: Sep. 2022 )(Q: Mar. 2023 )
=516.6/( ( (10723.8 - 822.5) + (11035.8 - 3098.6) )/ 2 )
=516.6/( ( 9901.3 + 7937.2 )/ 2 )
=516.6/8919.25
=5.79 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2023) 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 5.79% mean?
Vantage Towers AG (HAM:VTWR) has a ROCE % of 5.79% as of Mar. 2023.
Is Vantage Towers AG's ROCE % too high?
Vantage Towers AG's current ROCE % is 5.79%. The Real Estate industry median ROCE % is 4.66. Vantage Towers AG's value of 5.79% is 24.2% above this industry median. Overall, Vantage Towers AG has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Vantage Towers AG's ROCE % compare to BEKE and CBRE?
Vantage Towers AG's ROCE % of 5.79% can be compared against companies in the Real Estate industry. The industry median ROCE % is 4.66. Vantage Towers AG's value of 5.79% is 24.2% above 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 Real Estate company?
The median ROCE % among Real Estate companies is 4.66, based on 1,757 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. Vantage Towers AG's current ROCE % of 5.79% is 24.2% above 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 Real Estate industry, the median ROCE % is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vantage Towers AG's current ROCE % is 5.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vantage Towers AG stock overvalued right now?
Vantage Towers AG (HAM:VTWR) has a current ROCE % of 5.79%. The current ROCE % is 5.79% and 24.2% above the Real Estate industry median of 4.66. Vantage Towers AG's overall GF Score™ is 44/100. 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 Vantage Towers AG (HAM:VTWR), the current ROCE % is 5.79% as of Mar. 2023. 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.

Vantage Towers AG Business Description

Address Prinzenallee 11-13, Dusseldorf, NW, DEU, 40549
Vantage is the tower arm of Vodafone, spun off in 2021. Vantage fully owns 45,000 towers in Germany, Spain, Greece, and other European countries. Vantage also owns stakes in Inwit (22,000 towers, Vantage owns 33% stake), the Italian tower operator resulting from the merger of Vodafone and Telecom Italia's towers in the region, and Cornerstone (14,000 towers, 50% stake) a tower joint venture in the U.K. with Telefonica.
44GF 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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