OVB Holding AG (STU:O4B) ROCE % : 22.58% (As of Sep. 2024)

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What is OVB Holding AG 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. OVB Holding AG's annualized ROCE % for the quarter that ended in Sep. 2024 was 22.58%.

OVB Holding AG ROCE % Historical Data

The historical data trend for OVB Holding AG'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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OVB Holding AG ROCE % Chart

OVB Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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16.06

14.49

21.68

20.83

20.16

OVB Holding AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															21.19	29.76	22.36	26.03	22.58

OVB Holding AG ROCE % Calculation

OVB Holding AG'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 )
	=	21.306	/	( ( (261.113 - 156.643)	+	(272.963 - 166.11) )	/ 2 )
	=	21.306	/	( (104.47	+	106.853)	/ 2 )
	=	21.306	/	105.6615
	=	20.16 %

OVB Holding AG'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 )
	=	23.576	/	( ( (275.715 - 173.493)	+	(286.222 - 179.62) )	/ 2 )
	=	23.576	/	( ( 102.222	+	106.602 )	/ 2 )
	=	23.576	/	104.412
	=	22.58 %

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

OVB Holding AG (STU:O4B) 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.

OVB Holding AG ROCE % Related Terms

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OVB Holding AG Business Description

Industry

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Traded in Other Exchanges

O4B:Germany

Address

Heumarkt 1, Cologne, DEU, 50667

Website

https://www.ovb.eu

OVB Holding AG provides financial advisory services related to financial security, risk protection, and asset generation. It acts as a link between the customers and providers of financial investment and insurance products. The company operates banks, insurance, and investment companies throughout Europe and selects customer-specific solutions on the basis of their offers. The firm has operations across Central and Eastern Europe, Germany, and Southern and Western Europe. It recognizes majority of its revenues from brokerage received.

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