Gigamon (FRA:NGM) ROCE % : 0.41% (As of Sep. 2017)

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What is Gigamon 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. Gigamon's annualized ROCE % for the quarter that ended in Sep. 2017 was 0.41%.

Gigamon ROCE % Historical Data

The historical data trend for Gigamon'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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Gigamon ROCE % Chart

Gigamon Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

ROCE %

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193.74

-43.29

-15.84

7.95

13.13

Gigamon Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
ROCE %	Get a 7-Day Free Trial															15.59	16.14	-8.43	-14.73	0.41

Gigamon ROCE % Calculation

Gigamon's annualized ROCE % for the fiscal year that ended in Dec. 2016 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2016 )		(A: Dec. 2015 )		(A: Dec. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2016 )		(A: Dec. 2015 )		(A: Dec. 2016 )
	=	28.83	/	( ( (256.69 - 94.567)	+	(380.147 - 103.194) )	/ 2 )
	=	28.83	/	( (162.123	+	276.953)	/ 2 )
	=	28.83	/	219.538
	=	13.13 %

Gigamon's ROCE % of for the quarter that ended in Sep. 2017 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2017 )		(Q: Jun. 2017 )		(Q: Sep. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2017 )		(Q: Jun. 2017 )		(Q: Sep. 2017 )
	=	1.164	/	( ( (367.898 - 84.09)	+	(366.135 - 85.949) )	/ 2 )
	=	1.164	/	( ( 283.808	+	280.186 )	/ 2 )
	=	1.164	/	281.997
	=	0.41 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2017) EBIT data.

Gigamon (FRA:NGM) 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.

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Gigamon (FRA:NGM) Business Description

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Address

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http://www.gigamon.com

Gigamon Inc develops designs and sells solutions and products that deliver visibility of traffic across networks. It serves global enterprises, service providers and governments.