Mobileye B.V. (Mobileye B.V.) ROCE % : 19.66% (As of Mar. 2017)

View and export this data going back to 2014. Start your Free Trial

What is Mobileye B.V. 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. Mobileye B.V.'s annualized ROCE % for the quarter that ended in Mar. 2017 was 19.66%.

Mobileye B.V. ROCE % Historical Data

The historical data trend for Mobileye B.V.'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.

Mobileye B.V. ROCE % Chart

Mobileye B.V. Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

ROCE %

Get a 7-Day Free Trial

-2.10

13.16

-5.23

16.48

19.26

Mobileye B.V. Quarterly Data
	Dec11	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
ROCE %	Get a 7-Day Free Trial														17.09	21.12	18.84	18.95	19.66

Mobileye B.V. ROCE % Calculation

Mobileye B.V.'s annualized ROCE % for the fiscal year that ended in Dec. 2016 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2016 )		(A: Dec. 2015 )		(A: Dec. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2016 )		(A: Dec. 2015 )		(A: Dec. 2016 )
	=	120.939	/	( ( (577.614 - 43.256)	+	(780.38 - 58.649) )	/ 2 )
	=	120.939	/	( (534.358	+	721.731)	/ 2 )
	=	120.939	/	628.0445
	=	19.26 %

Mobileye B.V.'s ROCE % of for the quarter that ended in Mar. 2017 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2017 )		(Q: Dec. 2016 )		(Q: Mar. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2017 )		(Q: Dec. 2016 )		(Q: Mar. 2017 )
	=	147.876	/	( ( (780.38 - 58.649)	+	(848.953 - 66.504) )	/ 2 )
	=	147.876	/	( ( 721.731	+	782.449 )	/ 2 )
	=	147.876	/	752.09
	=	19.66 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2017) EBIT data.

Mobileye B.V. (OTCPK:MBBYF) 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.

Mobileye B.V. ROCE % Related Terms

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

Mobileye B.V. (Mobileye B.V.) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Mobileye B.V. (OTCPK:MBBYF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.mobileye.com

Mobileye B.V. supplies monocular camera-based vehicle vision systems that enable active safety features and advanced driver assistance systems to the global automobile industry. Its primary product is the EyeQ, a system-on-chip microprocessor at the heart of Mobileye's algorithms that support such vehicle features as automated emergency braking, lane keeping assistance, and varying degrees of autonomous driving.