NVH Korea (XKRX:067570) ROCE % : 7.06% (As of Dec. 2024)

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What is NVH Korea 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. NVH Korea's annualized ROCE % for the quarter that ended in Dec. 2024 was 7.06%.

NVH Korea ROCE % Historical Data

The historical data trend for NVH Korea'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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NVH Korea ROCE % Chart

NVH Korea Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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2.12

8.73

6.69

10.15

11.88

NVH Korea Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															9.82	6.87	19.83	13.91	7.06

NVH Korea ROCE % Calculation

NVH Korea's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	75298.816	/	( ( (1305179.037 - 720171.684)	+	(1514992.276 - 832205.1) )	/ 2 )
	=	75298.816	/	( (585007.353	+	682787.176)	/ 2 )
	=	75298.816	/	633897.2645
	=	11.88 %

NVH Korea'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: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	46715.288	/	( ( (1446616.115 - 805996.377)	+	(1514992.276 - 832205.1) )	/ 2 )
	=	46715.288	/	( ( 640619.738	+	682787.176 )	/ 2 )
	=	46715.288	/	661703.457
	=	7.06 %

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

NVH Korea (XKRX:067570) 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.

NVH Korea ROCE % Related Terms

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NVH Korea Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » NVH Korea Inc (XKRX:067570) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

207-14, Modyulhwasaneop-ro, Buk-gu, Ulsan, KOR

Website

http://www.nvh-korea.co.kr

NVH Korea Inc is engaged in the development and production of materials and components for the automotive industry. The company mainly manufactures sound insulating and sound absorbing materials. Its product offerings include Isolation dash pad, Tunnel pad, Floor module, Car mat, Sound Absorption Pads, Engine under cover, floor under cover, Insulator Tunnel, Wheel Guard, among others.

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