Vamos Locacao De Caminhoes Maquinas E Equipamentos (BSP:VAMO3) ROCE % : 11.26% (As of Dec. 2023)

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What is Vamos Locacao De Caminhoes Maquinas E Equipamentos 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. Vamos Locacao De Caminhoes Maquinas E Equipamentos's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.26%.

Vamos Locacao De Caminhoes Maquinas E Equipamentos ROCE % Historical Data

The historical data trend for Vamos Locacao De Caminhoes Maquinas E Equipamentos'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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Vamos Locacao De Caminhoes Maquinas E Equipamentos ROCE % Chart

Vamos Locacao De Caminhoes Maquinas E Equipamentos Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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15.37

14.45

15.47

15.96

13.72

Vamos Locacao De Caminhoes Maquinas E Equipamentos Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															14.85	16.24	14.79	14.66	11.26

Vamos Locacao De Caminhoes Maquinas E Equipamentos ROCE % Calculation

Vamos Locacao De Caminhoes Maquinas E Equipamentos'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 )
	=	2040.832	/	( ( (16675.416 - 4325.8)	+	(20808.826 - 3412.501) )	/ 2 )
	=	2040.832	/	( (12349.616	+	17396.325)	/ 2 )
	=	2040.832	/	14872.9705
	=	13.72 %

Vamos Locacao De Caminhoes Maquinas E Equipamentos's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	1905.42	/	( ( (19219.164 - 2761.245)	+	(20808.826 - 3412.501) )	/ 2 )
	=	1905.42	/	( ( 16457.919	+	17396.325 )	/ 2 )
	=	1905.42	/	16927.122
	=	11.26 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Vamos Locacao De Caminhoes Maquinas E Equipamentos (BSP:VAMO3) 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.

Vamos Locacao De Caminhoes Maquinas E Equipamentos ROCE % Related Terms

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Vamos Locacao De Caminhoes Maquinas E Equipamentos (BSP:VAMO3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Vamos Locacao De Caminhoes Maquinas E Equipamentos SA (BSP:VAMO3) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1017, Rua Dr. Renato Paes de Barros, Floor 09, Room 02, Itaim Bibi, São Paulo, SP, BRA, 04530-001

Website

https://www.grupovamos.com.br

Vamos Locacao De Caminhoes Maquinas E Equipamentos SA is engaged in the lease, sale and resale of trucks, machinery and equipment, fleet management and renders vehicle mechanics, industrialization, customization and body shop services. The company operates in three operating segments which comprise 1)Truck, machinery and equipment dealerships: sale of trucks, machinery and equipment; resale of used trucks, machinery and equipment, parts, machinery and accessories; mechanics auto body repair and paint services; 2) Lease of trucks, machinery and equipment: lease of trucks, machinery and equipment and fleet management; 3) Customization, manufacturing and transformation of trucks.

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