Wirecard AG (XSWX:WDI) ROCE % : 18.02% (As of Sep. 2019)

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What is Wirecard AG 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. Wirecard AG's annualized ROCE % for the quarter that ended in Sep. 2019 was 18.02%.

Wirecard AG ROCE % Historical Data

The historical data trend for Wirecard AG'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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Wirecard AG ROCE % Chart

Wirecard AG Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

ROCE %

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12.47

11.19

16.21

13.85

14.36

Wirecard AG Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
ROCE %	Get a 7-Day Free Trial															15.93	13.16	14.49	15.89	18.02

Wirecard AG ROCE % Calculation

Wirecard AG's annualized ROCE % for the fiscal year that ended in Dec. 2018 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	499.11	/	( ( (5294.525 - 2307.711)	+	(6606.912 - 2640.102) )	/ 2 )
	=	499.11	/	( (2986.814	+	3966.81)	/ 2 )
	=	499.11	/	3476.812
	=	14.36 %

Wirecard AG's ROCE % of for the quarter that ended in Sep. 2019 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2019 )		(Q: Jun. 2019 )		(Q: Sep. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2019 )		(Q: Jun. 2019 )		(Q: Sep. 2019 )
	=	812.116	/	( ( (7477.095 - 3039.356)	+	(7638.421 - 3060.605) )	/ 2 )
	=	812.116	/	( ( 4437.739	+	4577.816 )	/ 2 )
	=	812.116	/	4507.7775
	=	18.02 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2019) EBIT data.

Wirecard AG (XSWX:WDI) 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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Wirecard AG (XSWX:WDI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wirecard AG (XSWX:WDI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Einsteinring 35, Aschheim, DEU, 85609

Website

https://www.wirecard.com

Wirecard AG is a Germany-based provider of software solutions to the financial services industry. The firm's operations are organized in three segments: Payment Processing and Risk Management, which offers electronic payment processing services; Acquiring and Issuing, which issues credit cards and statements for payments and transactions; and Call Center and Communication Services, which offers relationship management services to corporate customers. The firm has operations in Europe, the United States, and the Asia-Pacific region.