UMT United Mobility Technology AG (XTER:UMDK) ROC % : -1.46% (As of Jun. 2023)

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What is UMT United Mobility Technology AG ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. UMT United Mobility Technology AG's annualized return on capital (ROC %) for the quarter that ended in Jun. 2023 was -1.46%.

As of today (2024-04-26), UMT United Mobility Technology AG's WACC % is 9.29%. UMT United Mobility Technology AG's ROC % is -23.41% (calculated using TTM income statement data). UMT United Mobility Technology AG earns returns that do not match up to its cost of capital. It will destroy value as it grows.

UMT United Mobility Technology AG ROC % Historical Data

The historical data trend for UMT United Mobility Technology AG's ROC % 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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UMT United Mobility Technology AG ROC % Chart

UMT United Mobility Technology AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROC %

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1.42

9.55

9.91

-0.89

-23.43

UMT United Mobility Technology AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROC %	Get a 7-Day Free Trial															16.65	-18.11	-0.14	-42.64	-1.46

UMT United Mobility Technology AG ROC % Calculation

UMT United Mobility Technology AG's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2022 is calculated as:

	ROC % (A: Dec. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Dec. 2021 )	+	Invested Capital (A: Dec. 2022 ))	/ count )
=	-10.446 * ( 1 - -0.06% )	/	( (49.389	+	39.815)	/ 2 )
=	-10.4522676	/	44.602
=	-23.43 %

where

	Invested Capital		(A: Dec. 2021 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	50.176	-	0.671	-	( 0.116	-	max(0, 0.671	-	17.271	+	0.116	))
=	49.389

	Invested Capital		(A: Dec. 2022 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	41.093	-	1.253	-	( 0.025	-	max(0, 1.253	-	17.301	+	0.025	))
=	39.815

UMT United Mobility Technology AG's annualized Return on Capital (ROC %) for the quarter that ended in Jun. 2023 is calculated as:

	ROC % (Q: Jun. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Jun. 2023 ))	/ count )
=	-0.526 * ( 1 - -9.61% )	/	( (39.815	+	39.422)	/ 2 )
=	-0.5765486	/	39.6185
=	-1.46 %

where

	Invested Capital		(Q: Dec. 2022 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	41.093	-	1.253	-	( 0.025	-	max(0, 1.253	-	17.301	+	0.025	))
=	39.815

	Invested Capital		(Q: Jun. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	41.313	-	1.822	-	( 0.069	-	max(0, 1.822	-	17.516	+	0.069	))
=	39.422

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

UMT United Mobility Technology AG (XTER:UMDK) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, UMT United Mobility Technology AG's WACC % is 9.29%. UMT United Mobility Technology AG's ROC % is -23.41% (calculated using TTM income statement data). UMT United Mobility Technology AG earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

UMT United Mobility Technology AG ROC % Related Terms

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UMT United Mobility Technology AG (XTER:UMDK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » UMT United Mobility Technology AG (XTER:UMDK) » Definitions » ROC %

Comparable Companies

Traded in Other Exchanges

UMDK:Germany UMDK:Germany UMDK:Germany

Address

Brienner Strasse 7, Munich, BY, DEU, 80333

Website

https://www.umt.ag

UMT United Mobility Technology AG offers service and solutions for mobile and electronic payment systems and in the field of data analytics. It focuses on industries and companies that are future-oriented and crisis-resistant, as well as have a low degree of digitization in the B2B and B2C sectors. It serves Hotel, infrastructure, automotive, passenger transport, mobile phone service providers and other industries. The company offers solutions especially for large-scale customers such as PAYBACK app. Geographically all the activities are functioned through the region of Germany.

Executives

Dr. Jürgen Schulz	Board of Directors
Thomas Teufel	Board of Directors
Dr. Albert Wahl	Board of Directors

UMT United Mobility Technology AG (XTER:UMDK) Headlines

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