VJTTY (voxeljet AG) ROCE %: -28.52% (As of Sep. 2023)


VJTTY voxeljet AG VJTTY
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What is voxeljet AG ROCE %?

voxeljet AG VJTTY 12 ROCE % is -28.52% as of Sep. 2023. GuruFocus rates VJTTY with a GF Score™ of 12/100.

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. voxeljet AG's annualized ROCE % for the quarter that ended in Sep. 2023 was -28.52%.

voxeljet AG  (OTCPK:VJTTY) 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.

voxeljet AG ROCE % Related Terms

voxeljet AG ROCE % Historical Data

* Premium members only.

The historical data trend for voxeljet 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.

voxeljet AG ROCE % Chart

voxeljet AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.18 -23.56 -41.23 -21.98 -18.09

voxeljet AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -85.13 2.88 -26.22 -30.98 -28.52
VJTTY
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voxeljet AG VJTTY
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voxeljet AG ROCE % Calculation

voxeljet AG's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-8.867/( ( (76.225 - 24.538) + (58.39 - 12.049) )/ 2 )
=-8.867/( (51.687+46.341)/ 2 )
=-8.867/49.014
=-18.09 %

voxeljet AG's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=-11.756/( ( (56.226 - 12.946) + (52.58 - 13.41) )/ 2 )
=-11.756/( ( 43.28 + 39.17 )/ 2 )
=-11.756/41.225
=-28.52 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -28.52% mean?
voxeljet AG (VJTTY) has a ROCE % of -28.52% as of Sep. 2023.
Is voxeljet AG's ROCE % too high?
voxeljet AG's current ROCE % is -28.52%. Overall, voxeljet AG has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does voxeljet AG's ROCE % compare to FATH and UAVS?
voxeljet AG's ROCE % of -28.52% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.86. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Hardware company?
The median ROCE % among Hardware companies is 5.86, based on 2,446 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Hardware industry, the median ROCE % is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. voxeljet AG's current ROCE % is -28.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is voxeljet AG stock overvalued right now?
voxeljet AG (VJTTY) has a current ROCE % of -28.52%. The current ROCE % is -28.52%. voxeljet AG's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For voxeljet AG (VJTTY), the current ROCE % is -28.52% as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

voxeljet AG Business Description

Address Paul-Lenz Strasse 1a, Augsburg, DEU, 86316
voxeljet AG is in the business of providing high-speed large-format 3d printers and on-demand parts services to industrial and commercial customers and also specializes in Powder-binder-Jetting of plastic and sand. Its product portfolio consists of 3d printers such as VX200, VX500, and VX100. The company supplies its products to the industries such as Foundries, Automotive industries, Aerospace, Pumps, Architecture, Film, and Museum etc. It has Systems and Services operating segments.
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