Tekcapital (LSE:TEK) ROCE % : -3.98% (As of Jun. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Tekcapital 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. Tekcapital's annualized ROCE % for the quarter that ended in Jun. 2023 was -3.98%.

Tekcapital ROCE % Historical Data

The historical data trend for Tekcapital'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.

Tekcapital ROCE % Chart

Tekcapital Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

ROCE %

Get a 7-Day Free Trial

-84.10

59.07

33.78

28.25

-3.96

Tekcapital Semi-Annual Data
	May13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Jun23
ROCE %	Get a 7-Day Free Trial														-19.77	-3.82	-1.44	-2.81	-3.98

Tekcapital ROCE % Calculation

Tekcapital's annualized ROCE % for the fiscal year that ended in Nov. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2020 )		(A: Nov. 2019 )		(A: Nov. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2020 )		(A: Nov. 2019 )		(A: Nov. 2020 )
	=	-0.838	/	( ( (17.815 - 0.333)	+	(25.1 - 0.305) )	/ 2 )
	=	-0.838	/	( (17.482	+	24.795)	/ 2 )
	=	-0.838	/	21.1385
	=	-3.96 %

Tekcapital's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: May. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: May. 2022 )		(Q: Jun. 2023 )
	=	-1.672	/	( ( (62.422 - 0.569)	+	(42.451 - 0.406) )	/ 2 )
	=	-1.672	/	( ( 61.853	+	42.045 )	/ 2 )
	=	-1.672	/	51.949
	=	-3.22 %

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

Tekcapital (LSE:TEK) 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.

Tekcapital ROCE % Related Terms

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

Tekcapital (LSE:TEK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tekcapital PLC (LSE:TEK) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TEKCF:USA 8T5:Germany

Address

12 New Fetter Lane, London, GBR, EC4A 1JP

Website

https://www.tekcapital.com

Tekcapital PLC is an intellectual property investment company. It provides universities and corporate clients technology transfer services. It acquires and commercializes university technologies and helps companies and research institutions discover new technologies and commercialize their intellectual property portfolios. The company mainly operates in the United Kingdom and the United States. It has Professional services and Licensing and investment activities. The firm derives majority of its revenues from Professional services segment.

Tekcapital (LSE:TEK) Headlines

No Headlines