Volue ASA (OSL:VOLUE) ROCE % : 9.87% (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Volue ASA 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. Volue ASA's annualized ROCE % for the quarter that ended in Mar. 2024 was 9.87%.

Volue ASA ROCE % Historical Data

The historical data trend for Volue ASA'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.

Volue ASA ROCE % Chart

Volue ASA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

8.71

12.82

4.98

4.54

8.39

Volue ASA Quarterly Data
	Dec18	Jun19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial														15.06	21.82	11.90	-6.60	9.87

Volue ASA ROCE % Calculation

Volue ASA'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 )
	=	96.791	/	( ( (1860.565 - 936.175)	+	(2127.225 - 745.567) )	/ 2 )
	=	96.791	/	( (924.39	+	1381.658)	/ 2 )
	=	96.791	/	1153.024
	=	8.39 %

Volue ASA'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 )
	=	131.748	/	( ( (2127.225 - 745.567)	+	(2311.109 - 1022.441) )	/ 2 )
	=	131.748	/	( ( 1381.658	+	1288.668 )	/ 2 )
	=	131.748	/	1335.163
	=	9.87 %

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

Volue ASA (OSL:VOLUE) 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.

Volue ASA ROCE % Related Terms

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

Volue ASA (OSL:VOLUE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Volue ASA (OSL:VOLUE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

VOLUEo:Sweden 642:Germany

Address

Christian Krohgs gate 16, Postboks 9008, Oslo, NOR, NO-0186

Website

https://www.volue.com

Volue ASA is engaged in investing in its own and managing companies and carrying out its business activities within IT and other software services. The company operates in three segments: Energy, Power Grid, and Infrastructure. The Energy segment delivers solutions that help customers master the energy transition by enabling wall-to-wall digitalization of the green energy value chain. The Power Grid segment enables power distributors to support the electrification of society by unlocking flexibility and digital management of the power grid. Some of its product categories are Water & Community software, Optimization and Trading Software, and Construction Software. The majority of the company's revenue comes from the Energy segment.

Volue ASA (OSL:VOLUE) Headlines

No Headlines