Digital Value SpA (STU:L9U) ROCE % : 29.92% (As of Jun. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Digital Value SpA 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. Digital Value SpA's annualized ROCE % for the quarter that ended in Jun. 2024 was 29.92%.

Digital Value SpA ROCE % Historical Data

The historical data trend for Digital Value SpA'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.

Digital Value SpA ROCE % Chart

Digital Value SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

41.98

32.38

25.91

23.49

24.68

Digital Value SpA Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial									23.46	23.27	22.05	24.99	29.92

Digital Value SpA ROCE % Calculation

Digital Value SpA'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 )
	=	61.464	/	( ( (634.732 - 411.058)	+	(729.745 - 455.242) )	/ 2 )
	=	61.464	/	( (223.674	+	274.503)	/ 2 )
	=	61.464	/	249.0885
	=	24.68 %

Digital Value SpA's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	66.52	/	( ( (729.745 - 455.242)	+	(558.726 - 388.511) )	/ 2 )
	=	66.52	/	( ( 274.503	+	170.215 )	/ 2 )
	=	66.52	/	222.359
	=	29.92 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Digital Value SpA (STU:L9U) 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.

Digital Value SpA ROCE % Related Terms

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

Digital Value SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Digital Value SpA (STU:L9U) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

DGV:Italy

Address

Via della Maglianella 65/E, Roma, ITA, 00166

Website

https://www.digitalvalue.it

Digital Value SpA is one of the main IT solutions and systems integrator of Italian market. Its service range from activities of design, development and sale of IT solutions and services for the digitalisation of large account clients operating in various industrial sectors such as telecommunications, transport, utilities, finance, public administration and others.

Digital Value SpA Headlines

No Headlines