Invicta Holdings (JSE:IVT) ROCE % : 13.29% (As of Sep. 2024)

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What is Invicta Holdings 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. Invicta Holdings's annualized ROCE % for the quarter that ended in Sep. 2024 was 13.29%.

Invicta Holdings ROCE % Historical Data

The historical data trend for Invicta Holdings'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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Invicta Holdings ROCE % Chart

Invicta Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-3.21

9.74

13.31

13.01

13.23

Invicta Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															15.42	11.11	14.50	12.30	13.29

Invicta Holdings ROCE % Calculation

Invicta Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	958.077	/	( ( (8778.113 - 1710.24)	+	(9313.56 - 1897.751) )	/ 2 )
	=	958.077	/	( (7067.873	+	7415.809)	/ 2 )
	=	958.077	/	7241.841
	=	13.23 %

Invicta Holdings'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: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	938.366	/	( ( (9313.56 - 1897.751)	+	(8795.348 - 2091.033) )	/ 2 )
	=	938.366	/	( ( 7415.809	+	6704.315 )	/ 2 )
	=	938.366	/	7060.062
	=	13.29 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

Invicta Holdings (JSE:IVT) 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.

Invicta Holdings ROCE % Related Terms

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Invicta Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Invicta Holdings Ltd (JSE:IVT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

IVCHF:USA I5J:Germany

Address

3 Droste Crescent, Droste Park Extension 7, Jeppestown, Johannesburg, GT, ZAF, 2001

Website

https://www.invictaholdings.co.za

Invicta Holdings Ltd is an investment holding management company. The company's segment includes Replacement Parts, Services, and Solutions for Earth-Moving Equipment (RPE), Industrial sectors (RPI), and Auto-Agri applications (RPA), along with Kian Ann Group (KAG). It also offers Capital Equipment and Related Parts and Services which Kian Ann Group supports. It earns the majority of the revenue from RPI Industrial segment.