OVH Groupe (XPAR:OVH) ROCE % : 0.29% (As of Feb. 2024)

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What is OVH Groupe 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. OVH Groupe's annualized ROCE % for the quarter that ended in Feb. 2024 was 0.29%.

OVH Groupe ROCE % Historical Data

The historical data trend for OVH Groupe'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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OVH Groupe ROCE % Chart

OVH Groupe Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

ROCE %

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-2.59

3.21

1.18

-0.77

-1.53

OVH Groupe Semi-Annual Data
	Aug18	Aug19	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
ROCE %	Get a 7-Day Free Trial					-3.83	1.94	-2.33	-0.73	0.29

OVH Groupe ROCE % Calculation

OVH Groupe's annualized ROCE % for the fiscal year that ended in Aug. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	-17.699	/	( ( (1442.749 - 338.665)	+	(1602.633 - 387.601) )	/ 2 )
	=	-17.699	/	( (1104.084	+	1215.032)	/ 2 )
	=	-17.699	/	1159.558
	=	-1.53 %

OVH Groupe's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Aug. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Aug. 2023 )		(Q: Feb. 2024 )
	=	3.564	/	( ( (1602.633 - 387.601)	+	(1658.467 - 402.21) )	/ 2 )
	=	3.564	/	( ( 1215.032	+	1256.257 )	/ 2 )
	=	3.564	/	1235.6445
	=	0.29 %

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

OVH Groupe (XPAR:OVH) 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.

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OVH Groupe (XPAR:OVH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » OVH Groupe (XPAR:OVH) » Definitions » ROCE %

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Traded in Other Exchanges

OVHp:UK 7U7:Germany

Address

2 rue Kellermann, Roubaix, FRA, 59100

Website

https://www.ovhcloud.com

OVH Groupe is a provider of cloud services, occupying a unique position in the cloud market. It provides businesses with a complete suite of solutions designed to meet the growing demand for multi-cloud and hybrid cloud strategies, addressing a wide range of needs and customer segments.

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