Fidelity National Information Services (BSP:F1NI34) ROCE %

: 2.50% (As of Dec. 2023)

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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. Fidelity National Information Services's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.50%.

Fidelity National Information Services ROCE % Historical Data

The historical data trend for Fidelity National Information Services'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.

Fidelity National Information Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

1.73

0.93

1.40

2.05

3.16

Fidelity National Information Services Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %																2.25	2.88	4.73	5.10	2.50

Fidelity National Information Services ROCE % Calculation

Fidelity National Information Services'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 )
	=	6742.125	/	( ( (331918.421 - 85101.37)	+	(270003.479 - 89754.536) )	/ 2 )
	=	6742.125	/	( (246817.051	+	180248.943)	/ 2 )
	=	6742.125	/	213532.997
	=	3.16 %

Fidelity National Information Services's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	4547.016	/	( ( (262610.434 - 79419.235)	+	(270003.479 - 89754.536) )	/ 2 )
	=	4547.016	/	( ( 183191.199	+	180248.943 )	/ 2 )
	=	4547.016	/	181720.071
	=	2.50 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Fidelity National Information Services (BSP:F1NI34) 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.

Fidelity National Information Services ROCE % Related Terms

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Fidelity National Information Services (BSP:F1NI34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fidelity National Information Services Inc (BSP:F1NI34) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

FIS:USA FIS:Mexico ZGY:Germany

Address

347 Riverside Avenue, Jacksonville, FL, USA, 32202

Website

https://www.fisglobal.com

Fidelity National Information Services' legacy operations provide core processing and ancillary services to banks, but its business has expanded over time. By acquiring Sungard in 2015, the company now provides record-keeping and other services to investment firms. With the acquisition of Worldpay in 2019, FIS now provides payment processing services for merchants and holds leading positions in the United States and United Kingdom. About a fourth of revenue is generated outside North America.

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