Valuence Merger I (Valuence Merger I) ROCE % : -1.56% (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Valuence Merger I 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. Valuence Merger I's annualized ROCE % for the quarter that ended in Mar. 2024 was -1.56%.

Valuence Merger I ROCE % Historical Data

The historical data trend for Valuence Merger I'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.

Valuence Merger I ROCE % Chart

Valuence Merger I Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-2.29

-0.95

Valuence Merger I Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial					-1.14	-1.03	-1.47	-0.76	-1.56

Valuence Merger I ROCE % Calculation

Valuence Merger I'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 )
	=	-1.392	/	( ( (230.792 - 2.258)	+	(70.165 - 4.691) )	/ 2 )
	=	-1.392	/	( (228.534	+	65.474)	/ 2 )
	=	-1.392	/	147.004
	=	-0.95 %

Valuence Merger I's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-1.028	/	( ( (70.165 - 4.691)	+	(70.827 - 4.765) )	/ 2 )
	=	-1.028	/	( ( 65.474	+	66.062 )	/ 2 )
	=	-1.028	/	65.768
	=	-1.56 %

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

Valuence Merger I (NAS:VMCAU) 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.

Valuence Merger I ROCE % Related Terms

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

Valuence Merger I (Valuence Merger I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Valuence Merger Corp I (NAS:VMCAU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

VMCA:USA

Address

4 Orinda Way, Suite 100D, Orinda, CA, USA, 94563

Website

https://www.valuencecap.com

Valuence Merger Corp I is a blank check company.

Valuence Merger I (Valuence Merger I) Headlines

From GuruFocus

Valuence Merger Corp. I Announces the Separate Trading of its Ordinary Shares and Warrants, Commencing April 22, 2022

By GuruFocusNews GuruFocusNews • 04-21-2022