SBE-Varvit SpA (MIL:VARV) ROCE % : 7.77% (As of Dec. 2024)

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What is SBE-Varvit 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. SBE-Varvit SpA's annualized ROCE % for the quarter that ended in Dec. 2024 was 7.77%.

SBE-Varvit SpA ROCE % Historical Data

The historical data trend for SBE-Varvit 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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SBE-Varvit SpA ROCE % Chart

SBE-Varvit SpA Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

ROCE %

13.55

20.33

15.09

10.51

SBE-Varvit SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial			13.89	21.92	9.11	13.45	7.77

SBE-Varvit SpA ROCE % Calculation

SBE-Varvit SpA's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	47.007	/	( ( (558.882 - 115.388)	+	(535.99 - 84.924) )	/ 2 )
	=	47.007	/	( (443.494	+	451.066)	/ 2 )
	=	47.007	/	447.28
	=	10.51 %

SBE-Varvit SpA's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	34.606	/	( ( (541.221 - 101.034)	+	(535.99 - 84.924) )	/ 2 )
	=	34.606	/	( ( 440.187	+	451.066 )	/ 2 )
	=	34.606	/	445.6265
	=	7.77 %

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

SBE-Varvit SpA (MIL:VARV) 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.

SBE-Varvit SpA ROCE % Related Terms

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SBE-Varvit SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SBE-Varvit SpA (MIL:VARV) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Lazzaretti 2/A, Reggio Emilia, ITA, 42122

Website

https://www.sbe.it

SBE-Varvit SpA is a company involved in the production of fasteners, and mechanical fastening joints of fundamental importance for many industrial sectors. It serves various sectors by offering products including screws, nuts, and cold-pressed products, of which a majority are manufactured internally, at its fully verticalized production facilities. The company operates in a single segment which is the production and sale of screws, bolts, and other mechanical components Geographically, it generates maximum revenue from Italy and the rest from the United States, Germany, Spain, France, and other countries.

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