Givex (TSX:GIVX) ROCE % : 3.88% (As of Mar. 2024)

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What is Givex 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. Givex's annualized ROCE % for the quarter that ended in Mar. 2024 was 3.88%.

Givex ROCE % Historical Data

The historical data trend for Givex'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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Givex ROCE % Chart

Givex Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

10.25

-6.17

-17.28

-1.24

Givex Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial										-9.39	-4.67	-6.50	16.39	3.88

Givex ROCE % Calculation

Givex'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 )
	=	-0.666	/	( ( (82.053 - 26.004)	+	(76.106 - 24.562) )	/ 2 )
	=	-0.666	/	( (56.049	+	51.544)	/ 2 )
	=	-0.666	/	53.7965
	=	-1.24 %

Givex's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	2.008	/	( ( (76.106 - 24.562)	+	(70.475 - 18.638) )	/ 2 )
	=	2.008	/	( ( 51.544	+	51.837 )	/ 2 )
	=	2.008	/	51.6905
	=	3.88 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Givex (TSX:GIVX) 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.

Givex ROCE % Related Terms

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Givex (TSX:GIVX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Givex Corp (TSX:GIVX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

GIVXF:USA

Address

134 Peter Street, Toronto, ON, CAN, M5V 2H2

Website

https://web.givex.com

Givex Corp is a cloud-based, omnichannel technology platform, that integrates gift and loyalty programs, point of sale systems, and flexible payment services to enterprise-level retail and hospitality merchants. Its products include Gift cards, Loyalty Programs, Mobile App, Analytics, and Ordering kiosk among others. Geographically, it derives a majority of revenue from Canada.

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