No Va Land Investment Group (STC:NVL) ROCE % : 1.98% (As of Dec. 2024)

View and export this data going back to 2016. Start your Free Trial

What is No Va Land Investment 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. No Va Land Investment Group's annualized ROCE % for the quarter that ended in Dec. 2024 was 1.98%.

No Va Land Investment Group ROCE % Historical Data

The historical data trend for No Va Land Investment 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.

* Premium members only.

No Va Land Investment Group ROCE % Chart

No Va Land Investment Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

6.23

5.52

4.39

2.74

0.29

No Va Land Investment 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															5.17	0.28	4.48	10.61	1.98

No Va Land Investment Group ROCE % Calculation

No Va Land Investment 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 )
	=	422341.05	/	( ( (241486379.543 - 87282658.32)	+	(238180960.212 - 105345899.921) )	/ 2 )
	=	422341.05	/	( (154203721.223	+	132835060.291)	/ 2 )
	=	422341.05	/	143519390.757
	=	0.29 %

No Va Land Investment 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 )
	=	2561029.456	/	( ( (232029058.923 - 106077865.879)	+	(238180960.212 - 105345899.921) )	/ 2 )
	=	2561029.456	/	( ( 125951193.044	+	132835060.291 )	/ 2 )
	=	2561029.456	/	129393126.6675
	=	1.98 %

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

No Va Land Investment Group (STC:NVL) 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.

No Va Land Investment Group ROCE % Related Terms

Thank you for viewing the detailed overview of No Va Land Investment Group's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

No Va Land Investment Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » No Va Land Investment Group Corp (STC:NVL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building 65 Nguyen Du, Ben Nghe Ward, District 1, Ho Chi Minh, VNM

Website

https://www.novaland.com.vn

No Va Land Investment Group Corp is a real estate company. It is engaged in the investment and development of real estate properties in Vietnam. The company also provides construction for houses, railways, and road projects, and consulting brokerage, and real estate auction services.