GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Envipco Holding NV (XAMS:ENVI) » Definitions » ROCE %

Envipco Holding NV (XAMS:ENVI) ROCE % : 15.58% (As of Sep. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Envipco Holding NV 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. Envipco Holding NV's annualized ROCE % for the quarter that ended in Sep. 2023 was 15.58%.


Envipco Holding NV ROCE % Historical Data

The historical data trend for Envipco Holding NV'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.

Envipco Holding NV ROCE % Chart

Envipco Holding NV 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 7.91 -8.72 -1.91 5.68 -8.67

Envipco Holding NV Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 -3.87 10.55 -27.71 -12.13 15.58

Envipco Holding NV ROCE % Calculation

Envipco Holding NV'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 )
=-3.353/( ( (51.705 - 14.591) + (78.889 - 38.615) )/ 2 )
=-3.353/( (37.114+40.274)/ 2 )
=-3.353/38.694
=-8.67 %

Envipco Holding NV'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 )
=8.992/( ( (86.591 - 29.981) + (89.598 - 30.789) )/ 2 )
=8.992/( ( 56.61 + 58.809 )/ 2 )
=8.992/57.7095
=15.58 %

(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.


Envipco Holding NV  (XAMS:ENVI) 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.


Envipco Holding NV ROCE % Related Terms

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


Envipco Holding NV (XAMS:ENVI) Business Description

Traded in Other Exchanges
Address
Van Asch van Wijckstraat 4, Amersfoort, NLD, 3811 LP
Envipco Holding NV is a company that operates in used beverage containers. The company together with its subsidiaries, designs, develops, manufactures, and sells or leases reverse vending machines (RVM) for the collection and processing of used beverage containers. In addition, it also offers materials handling services. Geographically, it operates through the Netherlands; however, it also holds the presence of Europe; North America, and the Rest of the World.

Envipco Holding NV (XAMS:ENVI) Headlines

From GuruFocus