GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » PT Venteny Fortuna International Tbk (ISX:VTNY) » Definitions » ROCE %

PT Venteny Fortuna International Tbk (ISX:VTNY) ROCE % : 1.78% (As of Sep. 2024)


View and export this data going back to 2022. Start your Free Trial

What is PT Venteny Fortuna International Tbk 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. PT Venteny Fortuna International Tbk's annualized ROCE % for the quarter that ended in Sep. 2024 was 1.78%.


PT Venteny Fortuna International Tbk ROCE % Historical Data

The historical data trend for PT Venteny Fortuna International Tbk'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.

* Premium members only.

PT Venteny Fortuna International Tbk ROCE % Chart

PT Venteny Fortuna International Tbk Annual Data
Trend Dec21 Dec22 Dec23
ROCE %
9.56 2.85 1.72

PT Venteny Fortuna International Tbk Quarterly Data
Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.63 0.20 5.33 2.38 1.78

PT Venteny Fortuna International Tbk ROCE % Calculation

PT Venteny Fortuna International Tbk'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 )
=6855.151/( ( (736067.208 - 339997.049) + (959114.575 - 559033.377) )/ 2 )
=6855.151/( (396070.159+400081.198)/ 2 )
=6855.151/398075.6785
=1.72 %

PT Venteny Fortuna International Tbk'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 )
=7226.908/( ( (1020630.599 - 611323.894) + (1153688.96 - 748835.532) )/ 2 )
=7226.908/( ( 409306.705 + 404853.428 )/ 2 )
=7226.908/407080.0665
=1.78 %

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


PT Venteny Fortuna International Tbk  (ISX:VTNY) 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.


PT Venteny Fortuna International Tbk ROCE % Related Terms

Thank you for viewing the detailed overview of PT Venteny Fortuna International Tbk's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Venteny Fortuna International Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jend. Sudirman Kav. 29-31, World Trade Centre (WTC) 5, 13th Floor, Jakarta Selatan, Jakarta, IDN, 12920
PT Venteny Fortuna International Tbk provides growth funding and human resource services. It creates technological innovations to meet employee needs through increasing employee happiness and employee engagement. The company's segment includes Other Financial Services and Other. It generates maximum revenue from the Other Financial Services segment. Income from other financial services consist of interest, administration, commissions and penalties.

PT Venteny Fortuna International Tbk Headlines

No Headlines