IVS Group (LTS:0OLX) ROCE % : 3.72% (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is IVS Group 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. IVS Group's annualized ROCE % for the quarter that ended in Mar. 2024 was 3.72%.

IVS Group ROCE % Historical Data

The historical data trend for IVS Group'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.

IVS Group ROCE % Chart

IVS Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

6.43

-1.24

1.37

2.51

3.96

IVS Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															3.07	3.02	1.89	7.75	3.72

IVS Group ROCE % Calculation

IVS Group'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 )
	=	40.134	/	( ( (1302.145 - 277.531)	+	(1290.826 - 288.127) )	/ 2 )
	=	40.134	/	( (1024.614	+	1002.699)	/ 2 )
	=	40.134	/	1013.6565
	=	3.96 %

IVS Group's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	37.288	/	( ( (1290.826 - 288.127)	+	(1293.769 - 293.473) )	/ 2 )
	=	37.288	/	( ( 1002.699	+	1000.296 )	/ 2 )
	=	37.288	/	1001.4975
	=	3.72 %

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

IVS Group (LTS:0OLX) 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.

IVS Group ROCE % Related Terms

Thank you for viewing the detailed overview of IVS Group's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

IVS Group (LTS:0OLX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » IVS Group SA (LTS:0OLX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

IVS:Italy

Address

Via dell`Artigianato, 25, Seriate, Bergamo, ITA, 24068

Website

https://www.ivsgroup.it

IVS Group SA is into vending machine business engaged in operating in four segments; Vending sector offers the sale and supply of goods, food, and beverages via automated and semiautomated vending machines, Reselling sector includes sales of vending machines and food to small companies operating in the vending business, Ho.Re.Ca sector comprises sales through the specific distribution channel of the hotel, and restaurant to companies selling food and beverages, and Coin sector comprises management of metallic money (coins) (collection, packaging, and delivery), e-money, and payment services businesses. The company derives a majority of its revenue from Italy.

IVS Group (LTS:0OLX) Headlines

No Headlines