Ayvens (LTS:0RSP) ROCE % : 3.89% (As of Jun. 2024)

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What is Ayvens 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. Ayvens's annualized ROCE % for the quarter that ended in Jun. 2024 was 3.89%.

Ayvens ROCE % Historical Data

The historical data trend for Ayvens'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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Ayvens ROCE % Chart

Ayvens Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.30

3.77

6.74

8.42

4.98

Ayvens Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial														8.96	8.34	6.01	3.17	3.89

Ayvens ROCE % Calculation

Ayvens'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 )
	=	1669.9	/	( ( (31302.4 - 9324.9)	+	(70261.1 - 25133.6) )	/ 2 )
	=	1669.9	/	( (21977.5	+	45127.5)	/ 2 )
	=	1669.9	/	33552.5
	=	4.98 %

Ayvens's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	1749.2	/	( ( (70261.1 - 25133.6)	+	(72846.2 - 27925.5) )	/ 2 )
	=	1749.2	/	( ( 45127.5	+	44920.7 )	/ 2 )
	=	1749.2	/	45024.1
	=	3.89 %

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

Ayvens (LTS:0RSP) 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.

Ayvens ROCE % Related Terms

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Ayvens Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ayvens (LTS:0RSP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ALLDF:USA AYVp:UK AYV:France 3AL:Germany

Address

1-3 Rue Eugene et Armand Peugeot, Le Corosa, Rueil-Malmaison, FRA, 92500

Website

https://www.ayvens.com/

Ayvens is a full-service leasing and fleet management group. It offer a diverse range of passenger cars, light commercial vehicles and innovative options for electric vehicles. The group also provides insurance services. It provides clients with motor third-party liability, material damage insurance as well as theft and passenger insurance.

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