Viet Nam Rubber Group (STC:GVR) ROCE % : 15.80% (As of Dec. 2024)

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What is Viet Nam Rubber Group 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. Viet Nam Rubber Group's annualized ROCE % for the quarter that ended in Dec. 2024 was 15.80%.

Viet Nam Rubber Group ROCE % Historical Data

The historical data trend for Viet Nam Rubber Group'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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Viet Nam Rubber Group ROCE % Chart

Viet Nam Rubber Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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9.62

9.93

9.19

6.10

8.96

Viet Nam Rubber Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															10.36	5.07	7.36	8.01	15.80

Viet Nam Rubber Group ROCE % Calculation

Viet Nam Rubber Group'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 )
	=	6275506.905	/	( ( (78062093.62 - 9652535.59)	+	(83544730.844 - 11925528.795) )	/ 2 )
	=	6275506.905	/	( (68409558.03	+	71619202.049)	/ 2 )
	=	6275506.905	/	70014380.0395
	=	8.96 %

Viet Nam Rubber Group'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: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	11202280.676	/	( ( (78180705.631 - 7954369.755)	+	(83544730.844 - 11925528.795) )	/ 2 )
	=	11202280.676	/	( ( 70226335.876	+	71619202.049 )	/ 2 )
	=	11202280.676	/	70922768.9625
	=	15.80 %

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

Viet Nam Rubber Group (STC:GVR) 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.

Viet Nam Rubber Group ROCE % Related Terms

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Viet Nam Rubber Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Viet Nam Rubber Group Ltd (STC:GVR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

236 Nam Ky Khoi Nghia Street, District 3, Ho Chi Minh, VNM

Website

https://www.vnrubbergroup.com

Viet Nam Rubber Group Ltd is engaged in planting, maintaining, exploiting, processing, trading in rubber, wood processing and rubber industry in Vietnam. The company is also involved in the manufacturing, purchasing and selling of industrial products, natural rubber and others. The Group has invested in the industrial parks on rubber land of the group under the land use planning approved by the Government.

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