JDV Control Valves Co (ROCO:6843) ROCE % : 10.64% (As of Sep. 2024)

View and export this data going back to 2022. Start your Free Trial

What is JDV Control Valves Co 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. JDV Control Valves Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 10.64%.

JDV Control Valves Co ROCE % Historical Data

The historical data trend for JDV Control Valves Co'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.

JDV Control Valves Co ROCE % Chart

JDV Control Valves Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

14.71

15.66

15.70

23.16

19.63

JDV Control Valves Co Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial														17.01	16.43	6.52	10.31	10.64

JDV Control Valves Co ROCE % Calculation

JDV Control Valves Co'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 )
	=	191.699	/	( ( (1144.247 - 284.048)	+	(1310.675 - 217.868) )	/ 2 )
	=	191.699	/	( (860.199	+	1092.807)	/ 2 )
	=	191.699	/	976.503
	=	19.63 %

JDV Control Valves Co's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	106.536	/	( ( (1293.731 - 287.536)	+	(1234.764 - 239.337) )	/ 2 )
	=	106.536	/	( ( 1006.195	+	995.427 )	/ 2 )
	=	106.536	/	1000.811
	=	10.64 %

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

JDV Control Valves Co (ROCO:6843) 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.

JDV Control Valves Co ROCE % Related Terms

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

JDV Control Valves Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » JDV Control Valves Co Ltd (ROCO:6843) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6-1, Qingian Road, Yangmei District, Taoyuan, TWN, 326

Website

https://www.jdv.com.tw

JDV Control Valves Co Ltd is a control valve manufacturer in Taiwan. The company uses the JDV brand for its global marketing, and the products are used in the petrochemical, refining, power plants, textile, steel, optical and paper industries.

JDV Control Valves Co Headlines

No Headlines