Fiverr International (BSP:F2VR34) ROCE %

: 10.49% (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. Fiverr International's annualized ROCE % for the quarter that ended in Dec. 2023 was 10.49%.

Fiverr International ROCE % Historical Data

The historical data trend for Fiverr International'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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Fiverr International Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-33.32

-2.52

-5.30

-8.12

0.95

Fiverr International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %																-9.69	-3.87	-2.05	-1.22	10.49

Fiverr International ROCE % Calculation

Fiverr International'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 )
	=	37.214	/	( ( (4845.711 - 1033.858)	+	(5015.455 - 1006.541) )	/ 2 )
	=	37.214	/	( (3811.853	+	4008.914)	/ 2 )
	=	37.214	/	3910.3835
	=	0.95 %

Fiverr International'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 )
	=	413.464	/	( ( (4941.668 - 1067.525)	+	(5015.455 - 1006.541) )	/ 2 )
	=	413.464	/	( ( 3874.143	+	4008.914 )	/ 2 )
	=	413.464	/	3941.5285
	=	10.49 %

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

Fiverr International (BSP:F2VR34) 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.

Fiverr International ROCE % Related Terms

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Fiverr International (BSP:F2VR34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Fiverr International Ltd (BSP:F2VR34) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

FVRR:USA FVRR:Mexico 11V:Germany

Address

8 Eliezer Kaplan Street, Tel Aviv, ISR, 6473409

Website

https://www.fiverr.com

Fiverr International Ltd is involved in buying and selling digital services in the same fashion as physical goods on an e-commerce platform. It is set out to design a digital marketplace that is built with a comprehensive SKU-like services catalog and a search, finds, and order process that mirrors a typical e-commerce transaction. The service offerings of the company include Graphics and Design, Digital Marketing, Wiring and Translation, and Video and Animation among others.

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