Valeura Energy (TSX:VLE) ROCE % : 13.32% (As of Sep. 2024)

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What is Valeura Energy 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. Valeura Energy's annualized ROCE % for the quarter that ended in Sep. 2024 was 13.32%.

Valeura Energy ROCE % Historical Data

The historical data trend for Valeura Energy'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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Valeura Energy ROCE % Chart

Valeura Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-5.21

-9.69

-147.77

-28.66

108.19

Valeura Energy 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															12.94	43.77	24.41	37.55	13.32

Valeura Energy ROCE % Calculation

Valeura Energy'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 )
	=	392.232	/	( ( (86.958 - 15.077)	+	(944.908 - 291.742) )	/ 2 )
	=	392.232	/	( (71.881	+	653.166)	/ 2 )
	=	392.232	/	362.5235
	=	108.19 %

Valeura Energy'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 )
	=	92.768	/	( ( (888.185 - 209.608)	+	(916.306 - 201.883) )	/ 2 )
	=	92.768	/	( ( 678.577	+	714.423 )	/ 2 )
	=	92.768	/	696.5
	=	13.32 %

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

Valeura Energy (TSX:VLE) 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.

Valeura Energy ROCE % Related Terms

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Valeura Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Valeura Energy Inc (TSX:VLE) » Definitions » ROCE %

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VLERF:USA 83PN:Germany

Address

09-31, 111 Somerset Road, Suite 1200, Bow Valley Square 1, Singapore, SGP, 238164

Website

https://www.valeuraenergy.com

Valeura Energy Inc is engaged in the exploration, development, and production of petroleum and natural gas in Turkey and Thailand.

Executives

James D. Mcfarland	Director
Yacine Ben-meriem	Senior Officer
Thoresen Thai Agencies Public Company Limited	10% Security Holder
William Sean Guest	Director, Senior Officer
Russell J. Hiscock	Director
Timothy Marchant	Director
Chih Hao Kelvin Tang	Senior Officer
Grzegorz Jacek Kulawski	Senior Officer
Timothy Nicholas Chapman	Director
Heather Duan Milburn Campbell	Senior Officer
Lyle Allen Martinson	Senior Officer

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