Victorian Plumbing Group (LSE:VIC) ROCE % : 41.72% (As of Sep. 2023)

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What is Victorian Plumbing Group 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. Victorian Plumbing Group's annualized ROCE % for the quarter that ended in Sep. 2023 was 41.72%.

Victorian Plumbing Group ROCE % Historical Data

The historical data trend for Victorian Plumbing Group'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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Victorian Plumbing Group ROCE % Chart

Victorian Plumbing Group Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

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236.14

192.77

73.26

28.84

31.58

Victorian Plumbing Group Semi-Annual Data
	Sep18	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial					32.58	15.38	41.96	24.44	41.72

Victorian Plumbing Group ROCE % Calculation

Victorian Plumbing Group's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	15.9	/	( ( (94.5 - 46.4)	+	(99 - 46.4) )	/ 2 )
	=	15.9	/	( (48.1	+	52.6)	/ 2 )
	=	15.9	/	50.35
	=	31.58 %

Victorian Plumbing Group's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	20.4	/	( ( (91.5 - 46.3)	+	(99 - 46.4) )	/ 2 )
	=	20.4	/	( ( 45.2	+	52.6 )	/ 2 )
	=	20.4	/	48.9
	=	41.72 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

Victorian Plumbing Group (LSE:VIC) 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.

Victorian Plumbing Group ROCE % Related Terms

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Victorian Plumbing Group (LSE:VIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Victorian Plumbing Group PLC (LSE:VIC) » Definitions » ROCE %

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Traded in Other Exchanges

637:Germany

Address

22 Grimrod Place, Skelmersdale, GBR, WN8 9UU

Website

https://www.victorianplumbingplc.com

Victorian Plumbing Group PLC is an online retailer of bathroom products and accessories, offering a one-stop-shop solution for the entire bathroom. It offers a wide range of over 24,000 products to business to customer and trade customers, with more than 125 brands across a wide spectrum of price points and it also design and develops exclusive new products in-house.

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