Flight Centre Travel Group (Flight Centre Travel Group) ROCE % : 14.31% (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Flight Centre Travel 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. Flight Centre Travel Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 14.31%.

Flight Centre Travel Group ROCE % Historical Data

The historical data trend for Flight Centre Travel 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.

* Premium members only.

Flight Centre Travel Group ROCE % Chart

Flight Centre Travel Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

Get a 7-Day Free Trial

20.52

-41.68

-29.31

-15.35

6.33

Flight Centre Travel Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-23.07	-7.38	1.76	11.23	14.31

Flight Centre Travel Group ROCE % Calculation

Flight Centre Travel Group's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	99.301	/	( ( (2622.689 - 1142.633)	+	(2977.468 - 1320.328) )	/ 2 )
	=	99.301	/	( (1480.056	+	1657.14)	/ 2 )
	=	99.301	/	1568.598
	=	6.33 %

Flight Centre Travel Group'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 )
	=	208.864	/	( ( (2977.468 - 1320.328)	+	(2593.328 - 1331.577) )	/ 2 )
	=	208.864	/	( ( 1657.14	+	1261.751 )	/ 2 )
	=	208.864	/	1459.4455
	=	14.31 %

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

Flight Centre Travel Group (OTCPK:FGETF) 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.

Flight Centre Travel Group ROCE % Related Terms

Thank you for viewing the detailed overview of Flight Centre Travel Group's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Flight Centre Travel Group (Flight Centre Travel Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Flight Centre Travel Group Ltd (OTCPK:FGETF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

FLI:Germany FLT:Australia

Address

275 Grey Street, South Brisbane, Brisbane, QLD, AUS, 4101

Website

https://www.fctgl.com

Flight Centre Travel is one of the largest travel agencies in the world. It operates an large network of shops globally, most of them located in Australia, the United States, and Europe. The group operates across the whole spectrum of the travel services market, including leisure travel retailing, in-destination experiences, corporate travel arrangement, and youth travel retailing. The services are facilitated via some 40 brands, with Flight Centre being the flagship brand in the leisure segment and FCM Travel the key brand in the corporate.

Flight Centre Travel Group (Flight Centre Travel Group) Headlines

From GuruFocus

Flight Centre Travel Group Transforms its Customer Experience with K2 Cloud

By PRNewswire PRNewswire • 12-28-2020

Upside Business Travel Joins Industry Trailblazers with ATPCO's Next Generation Storefront

By PRNewswire PRNewswire • 05-21-2019