Wavestone (XPAR:WAVE) ROCE % : 18.14% (As of Sep. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Wavestone 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. Wavestone's annualized ROCE % for the quarter that ended in Sep. 2023 was 18.14%.

Wavestone ROCE % Historical Data

The historical data trend for Wavestone'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.

Wavestone ROCE % Chart

Wavestone Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

23.42

20.43

14.60

23.55

20.48

Wavestone Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															20.07	27.47	15.18	25.66	18.14

Wavestone ROCE % Calculation

Wavestone's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	70.346	/	( ( (494.235 - 169.723)	+	(536.788 - 174.254) )	/ 2 )
	=	70.346	/	( (324.512	+	362.534)	/ 2 )
	=	70.346	/	343.523
	=	20.48 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	66.41	/	( ( (536.788 - 174.254)	+	(517.424 - 147.605) )	/ 2 )
	=	66.41	/	( ( 362.534	+	369.819 )	/ 2 )
	=	66.41	/	366.1765
	=	18.14 %

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

Wavestone (XPAR:WAVE) 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.

Wavestone ROCE % Related Terms

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

Wavestone (XPAR:WAVE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wavestone SA (XPAR:WAVE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

2WSA:Germany

Address

100-101 Terrasse Boieldieu, Tour Franklin, Paris La Defense Cedex, Paris, FRA, 92042

Website

https://www.wavestone.com

Wavestone SA is a management and Information Technology consulting firm. The company serves Services, Consumer goods and distribution, Energy and Utilities, Manufacturing, Public sector and International Institutions, and the Transport and Travel sector. Its technologies include IT and Data architecture, Cybersecurity and digital trust, and others. It provides services such as financial risks and purchases, management and financing of innovation, supply chain, and others. Geographically, it generates the majority of its revenue from France.