Revenga Ingenieros (XMAD:RSS) ROCE % : 5.96% (As of Jun. 2024)

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What is Revenga Ingenieros 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. Revenga Ingenieros's annualized ROCE % for the quarter that ended in Jun. 2024 was 5.96%.

Revenga Ingenieros ROCE % Historical Data

The historical data trend for Revenga Ingenieros'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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Revenga Ingenieros ROCE % Chart

Revenga Ingenieros Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

2.45

4.37

12.63

9.89

Revenga Ingenieros Semi-Annual Data
	Dec20	Dec21	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial			-	-	8.02	11.57	5.96

Revenga Ingenieros ROCE % Calculation

Revenga Ingenieros'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 )
	=	2.068	/	( ( (51.985 - 32.301)	+	(48.24 - 26.124) )	/ 2 )
	=	2.068	/	( (19.684	+	22.116)	/ 2 )
	=	2.068	/	20.9
	=	9.89 %

Revenga Ingenieros's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	1.264	/	( ( (48.24 - 26.124)	+	(48.414 - 28.095) )	/ 2 )
	=	1.264	/	( ( 22.116	+	20.319 )	/ 2 )
	=	1.264	/	21.2175
	=	5.96 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Revenga Ingenieros (XMAD:RSS) 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.

Revenga Ingenieros ROCE % Related Terms

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Revenga Ingenieros Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Revenga Ingenieros SA (XMAD:RSS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Calle Fragua 6, Tres Cantos, Madrid, ESP, 28760

Website

https://www.revenga.com

Revenga Ingenieros SA is a company engaged in the development of comprehensive solutions for telecommunications, information technologies, electronic security and railway systems. The technologies that support the company's activity are grouped into four parts such as Railway systems includes point heaters, level crossing protection, train monitoring systems, etc, Telecommunications networks includes implementing all types of telecommunications networks, both passive elements and equipment (SDH, DWDM, MPLS, WIFI/WIMAX, LTE, etc.). Information technologies provides voice, data and video solutions and Electronic security involves access management and detection through RFID, video surveillance, video analysis, biometrics, vehicle identification, detector systems, etc.

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