OVS SpA (LTS:0R5R) ROCE % : 6.79% (As of Jul. 2024)

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What is OVS SpA 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. OVS SpA's annualized ROCE % for the quarter that ended in Jul. 2024 was 6.79%.

OVS SpA ROCE % Historical Data

The historical data trend for OVS SpA'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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OVS SpA ROCE % Chart

OVS SpA Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

ROCE %

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-3.85

-0.63

6.70

5.06

6.09

OVS SpA Semi-Annual Data
	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24
ROCE %	Get a 7-Day Free Trial															5.76	4.33	5.69	6.62	6.79

OVS SpA ROCE % Calculation

OVS SpA's annualized ROCE % for the fiscal year that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	127.56	/	( ( (2871.01 - 765.077)	+	(2823.087 - 742.428) )	/ 2 )
	=	127.56	/	( (2105.933	+	2080.659)	/ 2 )
	=	127.56	/	2093.296
	=	6.09 %

OVS SpA's ROCE % of for the quarter that ended in Jul. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jul. 2024 )		(Q: Jan. 2024 )		(Q: Jul. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jul. 2024 )		(Q: Jan. 2024 )		(Q: Jul. 2024 )
	=	140.794	/	( ( (2823.087 - 742.428)	+	(2887.78 - 821.681) )	/ 2 )
	=	140.794	/	( ( 2080.659	+	2066.099 )	/ 2 )
	=	140.794	/	2073.379
	=	6.79 %

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

OVS SpA (LTS:0R5R) 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.

OVS SpA ROCE % Related Terms

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OVS SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » OVS SpA (LTS:0R5R) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

OVS:Italy OVSm:UK 0OV1:Germany 0OV1:Germany

Address

Via Terraglio 17, Venice - Mestre, ITA, 30174

Website

http://www.ovscorporate.it

OVS SpA is an Italian fashion retailer. The company develops and markets menswear, womenswear and children's wear. Its operating segment includes OVS, UPIM and Sempione Fashion. OVS segment offers stylish and high-quality clothing at competitive prices focusing on the latest trends and fashion. Its UPIM segment offers women's, men's and children's clothing products, homeware and fragrance, The company generates maximum revenue from the OVS segment. Geographically, it has a presence in Italy, Bangladesh, China, Hong Kong, India, Pakistan, Turkey, Spain, Croatia, and Serbia.

OVS SpA Headlines

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