Driven Brands Holdings (NASDAQ:DRVN) Hasn't Managed To Accelerate Its Returns [Yahoo! Finance]
Driven Brands Holdings Inc. (DRVN)
Company Research
Source: Yahoo! Finance
return on capital employed (ROCE) and secondly, an increasing amount of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. Although, when we looked at Driven Brands Holdings NASDAQ:DRVN ), it didn't seem to tick all of these boxes. Return On Capital Employed (ROCE): What Is It? For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. Analysts use this formula to calculate it for Driven Brands Holdings: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.054 = US$297m ÷ (US$5.8b - US$359m) (Based on the trailing twelve months to June 2024) Therefore, Driven Brands Holdings has an ROCE of 5.4%. In absolute terms, that's a low return and it also under-performs the Commercial Services industry average of 10%. Above you can see how the current ROCE for D
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DRVN
News
- Driven Brands Holdings Inc. (NASDAQ: DRVN) had its price target raised by analysts at Stifel Nicolaus from $20.00 to $22.00. They now have a "buy" rating on the stock.MarketBeat
- We Think Driven Brands Holdings' (NASDAQ:DRVN) Profit Is Only A Baseline For What They Can Achieve [Yahoo! Finance]Yahoo! Finance
- Priciest home sale around Rock Hill wasn't for the usual suspects but in a tiny town [Yahoo! Finance]Yahoo! Finance
- Driven Brands Holdings Inc. (NASDAQ: DRVN) had its price target raised by analysts at Royal Bank of Canada from $17.00 to $20.00. They now have an "outperform" rating on the stock.MarketBeat
- Driven Brands Holdings Inc. (NASDAQ: DRVN) had its price target raised by analysts at Canaccord Genuity Group Inc. from $20.00 to $21.00. They now have a "buy" rating on the stock.MarketBeat
DRVN
Earnings
- 10/31/24 - Beat
DRVN
Sec Filings
- 11/12/24 - Form SCHEDULE
- 11/7/24 - Form 10-Q
- 10/31/24 - Form 8-K
- DRVN's page on the SEC website