Wavus Co (XKRX:336060) ROCE % : 18.46% (As of Dec. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Wavus Co 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. Wavus Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 18.46%.

Wavus Co ROCE % Historical Data

The historical data trend for Wavus Co'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.

Wavus Co ROCE % Chart

Wavus Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

0.02

1.02

40.84

-39.14

24.43

Wavus Co 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															28.43	-6.96	14.99	8.25	18.46

Wavus Co ROCE % Calculation

Wavus Co'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 )
	=	7793.893	/	( ( (39522.783 - 11252.822)	+	(49319.518 - 13779.399) )	/ 2 )
	=	7793.893	/	( (28269.961	+	35540.119)	/ 2 )
	=	7793.893	/	31905.04
	=	24.43 %

Wavus Co'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 )
	=	7148.552	/	( ( (53369.31 - 15908.738)	+	(54503.01 - 14533.373) )	/ 2 )
	=	7148.552	/	( ( 37460.572	+	39969.637 )	/ 2 )
	=	7148.552	/	38715.1045
	=	18.46 %

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

Wavus Co (XKRX:336060) 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.

Wavus Co ROCE % Related Terms

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

Wavus Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wavus Co Ltd (XKRX:336060) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

61,1001, Digital-ro 26-Gil, Guro-gu, Guro-dong, Ace High-End Tower 2, Seoul, KOR, 08389

Website

http://www.wavus.co.kr

Wavus Co Ltd is a geospatial information integrated solution company. It has self-developed geospatial data platforms for the public and private sectors so that anyone can build geospatial data services. It provides various APIs and functions necessary for configuring geospatial data services in a customized way and provides stable quality and the technical environment by supporting open sources and frameworks.

Wavus Co Headlines

No Headlines