Foxtons Group (Foxtons Group) ROCE % : 3.23% (As of Dec. 2023)

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What is Foxtons 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. Foxtons Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 3.23%.

Foxtons Group ROCE % Historical Data

The historical data trend for Foxtons 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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Foxtons Group ROCE % Chart

Foxtons Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-3.95

0.49

3.89

7.02

5.43

Foxtons 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															2.99	5.34	9.13	7.62	3.23

Foxtons Group ROCE % Calculation

Foxtons Group'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 )
	=	12.875	/	( ( (275.49 - 47.08)	+	(318.161 - 72.315) )	/ 2 )
	=	12.875	/	( (228.41	+	245.846)	/ 2 )
	=	12.875	/	237.128
	=	5.43 %

Foxtons 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 )
	=	7.854	/	( ( (294.987 - 55.09)	+	(318.161 - 72.315) )	/ 2 )
	=	7.854	/	( ( 239.897	+	245.846 )	/ 2 )
	=	7.854	/	242.8715
	=	3.23 %

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

Foxtons Group (OTCPK:FXTGY) 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.

Foxtons Group ROCE % Related Terms

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Foxtons Group (Foxtons Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Foxtons Group PLC (OTCPK:FXTGY) » Definitions » ROCE %

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FOXTl:UK FOXT:UK FXG:Germany

Address

566 Chiswick High Road, Building One, Chiswick Park, London, GBR, W4 5BE

Website

https://www.foxtonsgroup.co.uk

Foxtons Group PLC is an estate agency, providing residential property sales and lettings services in the United Kingdom. It operates in three segments: Sales, Lettings, and Financial Services. The sales segment generates a commission on sales of residential property. The letting segment earns fees from letting and management of residential properties and income from interest earned on tenant's deposits. The Financial Services segment generates commission from the arrangement of mortgages and related products under contracts with financial service providers and receives administration fees from clients. The majority is from the Letting segment.