VOGO (XPAR:ALVGO) ROCE % : -11.78% (As of Dec. 2023)

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What is VOGO 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. VOGO's annualized ROCE % for the quarter that ended in Dec. 2023 was -11.78%.

VOGO ROCE % Historical Data

The historical data trend for VOGO'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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VOGO ROCE % Chart

VOGO Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-22.35

-22.28

-10.18

-10.10

-16.83

VOGO Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial										-11.32	-10.38	-11.23	-19.14	-11.78

VOGO ROCE % Calculation

VOGO'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 )
	=	-2.337	/	( ( (19.375 - 6.296)	+	(21.518 - 6.826) )	/ 2 )
	=	-2.337	/	( (13.079	+	14.692)	/ 2 )
	=	-2.337	/	13.8855
	=	-16.83 %

VOGO'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-1.84	/	( ( (20.827 - 4.288)	+	(21.518 - 6.826) )	/ 2 )
	=	-1.84	/	( ( 16.539	+	14.692 )	/ 2 )
	=	-1.84	/	15.6155
	=	-11.78 %

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

VOGO (XPAR:ALVGO) 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.

VOGO ROCE % Related Terms

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VOGO (XPAR:ALVGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » VOGO SA (XPAR:ALVGO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

7CY:Germany

Address

Les Centuries Building II, 101, Place Pierre Duhem, Montpellier, FRA, 34000

Website

http://www.vogosport.com

VOGO SA develops sports mobile technology products that offer a viewing experience for live in-venue sports fans.

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