Triple Pointome VCT (LSE:TPVA) ROCE %: 0.00% (As of Sep. 2022)


What is Triple Pointome VCT ROCE %?

Triple Pointome VCT LSE:TPVA 28 ROCE % is 0.00% as of Sep. 2022. GuruFocus rates LSE:TPVA with a GF Score™ of 28/100. The stock has 6 warning signs investors should review.

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. Triple Pointome VCT's annualized ROCE % for the quarter that ended in Sep. 2022 was 0.00%.

Triple Pointome VCT  (LSE:TPVA) 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.

Triple Pointome VCT ROCE % Related Terms

Triple Pointome VCT ROCE % Historical Data

* Premium members only.

The historical data trend for Triple Pointome VCT'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.

Triple Pointome VCT ROCE % Chart

Triple Pointome VCT Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Triple Pointome VCT Semi-Annual Data
Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Triple Pointome VCT ROCE % Calculation

Triple Pointome VCT's annualized ROCE % for the fiscal year that ended in Mar. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2022 )  (A: Mar. 2021 )(A: Mar. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2022 )  (A: Mar. 2021 )(A: Mar. 2022 )
=0/( ( (49.527 - 0.488) + (24.69 - 0.221) )/ 2 )
=0/( (49.039+24.469)/ 2 )
=0/36.754
=0.00 %

Triple Pointome VCT's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2022 )  (Q: Mar. 2022 )(Q: Sep. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2022 )  (Q: Mar. 2022 )(Q: Sep. 2022 )
=0/( ( (24.69 - 0.221) + (25.989 - 0.194) )/ 2 )
=0/( ( 24.469 + 25.795 )/ 2 )
=0/25.132
=0.00 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 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 0.00% mean?
Triple Pointome VCT (LSE:TPVA) has a ROCE % of 0.00% as of Sep. 2022.
Is Triple Pointome VCT's ROCE % too high?
Triple Pointome VCT's current ROCE % is 0.00%. Overall, Triple Pointome VCT has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Triple Pointome VCT's ROCE % compare to MTR?
Triple Pointome VCT's ROCE % of 0.00% can be compared against companies in the Asset Management industry. The industry median ROCE % is 4.39. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Asset Management company?
The median ROCE % among Asset Management companies is 4.39, based on 707 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. 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 Asset Management industry, the median ROCE % is 4.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Triple Pointome VCT's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Triple Pointome VCT stock overvalued right now?
Triple Pointome VCT (LSE:TPVA) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Triple Pointome VCT's overall GF Score™ is 28/100 with 6 warning signs to review. 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 Triple Pointome VCT (LSE:TPVA), the current ROCE % is 0.00% as of Sep. 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.

Triple Pointome VCT Business Description

Address 1 King William Street, London, GBR, EC4N 7AF
Triple Point Income VCT PLC is a part of the financial services domain in the United Kingdom. It is a venture capital trust formed with the objective of capital preservation and payment of regular tax-free dividends to investors. The company's mission comprises three priorities, which are capital security, liquidity, and predictable returns. It has chosen to focus its investing activities towards companies involved in renewable energy, energy production, innovative vertical growing, and SME funding.