VietJet Aviation JSC (STC:VJC) ROCE % : 6.21% (As of Dec. 2024)

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What is VietJet Aviation JSC 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. VietJet Aviation JSC's annualized ROCE % for the quarter that ended in Dec. 2024 was 6.21%.

VietJet Aviation JSC ROCE % Historical Data

The historical data trend for VietJet Aviation JSC'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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VietJet Aviation JSC ROCE % Chart

VietJet Aviation JSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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0.76

3.20

-3.43

5.97

8.20

VietJet Aviation JSC 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															6.38	11.33	9.13	10.87	6.21

VietJet Aviation JSC ROCE % Calculation

VietJet Aviation JSC'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 )
	=	4665210.862	/	( ( (86925420.917 - 38861475.794)	+	(99523679.171 - 33852758.118) )	/ 2 )
	=	4665210.862	/	( (48063945.123	+	65670921.053)	/ 2 )
	=	4665210.862	/	56867433.088
	=	8.20 %

VietJet Aviation JSC'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 )
	=	3738512.084	/	( ( (93766349.316 - 38937860.268)	+	(99523679.171 - 33852758.118) )	/ 2 )
	=	3738512.084	/	( ( 54828489.048	+	65670921.053 )	/ 2 )
	=	3738512.084	/	60249705.0505
	=	6.21 %

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

VietJet Aviation JSC (STC:VJC) 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.

VietJet Aviation JSC ROCE % Related Terms

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VietJet Aviation JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » VietJet Aviation JSC (STC:VJC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

302/3 Kim Ma Street, Ngoc Khanh Ward, Ba Dinh District, Ha Noi, VNM

Website

http://www.vietjetair.com

VietJet Aviation JSC provides airline services. Its other services include in-flight, cargo, baggage, special and duty-free services. It also provides direct support services for air transport and air passenger transportation.

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