VSTTF (Vast Renewables) ROCE %: -239.98% (As of Dec. 2024)


What is Vast Renewables ROCE %?

Vast Renewables VSTTF ROCE % is -239.98% as of Dec. 2024.

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. Vast Renewables's annualized ROCE % for the quarter that ended in Dec. 2024 was -239.98%.

Vast Renewables  (OTCPK:VSTTF) 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.

Vast Renewables ROCE % Related Terms

Vast Renewables ROCE % Historical Data

* Premium members only.

The historical data trend for Vast Renewables'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.

Vast Renewables ROCE % Chart

Vast Renewables Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
ROCE %
0.00 2.78 -446.01 0.00 0.00

Vast Renewables Semi-Annual Data
Jun20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
ROCE % Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 -323.71 -239.98

Vast Renewables ROCE % Calculation

Vast Renewables's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=-291.498/( ( (4.656 - 26.618) + (15.77 - 10.235) )/ 2 )
=-291.498/( (-21.962+5.535)/ 2 )
=-291.498/-8.2135
=3,549.01 %

Vast Renewables's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=-10.246/( ( (15.77 - 10.235) + (12.252 - 9.248) )/ 2 )
=-10.246/( ( 5.535 + 3.004 )/ 2 )
=-10.246/4.2695
=-239.98 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2024) 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 -239.98% mean?
Vast Renewables (VSTTF) has a ROCE % of -239.98% as of Dec. 2024.
Is Vast Renewables' ROCE % too high?
Vast Renewables' current ROCE % is -239.98%.
How does Vast Renewables' ROCE % compare to APWL and FSLR?
Vast Renewables' ROCE % of -239.98% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 4.72. 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 Semiconductors company?
The median ROCE % among Semiconductors companies is 4.72, based on 1,018 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 Semiconductors industry, the median ROCE % is 4.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vast Renewables's current ROCE % is -239.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vast Renewables stock overvalued right now?
Vast Renewables (VSTTF) has a current ROCE % of -239.98%. The current ROCE % is -239.98%. 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 Vast Renewables (VSTTF), the current ROCE % is -239.98% as of Dec. 2024. 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.

Vast Renewables Business Description

Address 124 Walker Street, Suite 7.02, North Sydney, NSW, AUS, 2060
Vast Renewables Ltd is a clean, renewable energy company specializing in the design and manufacturing of concentrated solar thermal power (CSP) systems to generate carbon-free, utility-scale electricity, industrial heat, and green fuels. The Company's differentiated modular CSP system, utilizing proprietary sodium loop heat transfer technology, provides customers with a solution to the enduring challenge of intermittent renewable energy through 24/7 dispatchable power and heat.