New Work SE (FRA:NWO) ROCE %

: 38.28% (As of Sep. 2022)

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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. New Work SE's annualized ROCE % for the quarter that ended in Sep. 2022 was 38.28%.

New Work SE ROCE % Historical Data

The historical data trend for New Work SE'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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New Work SE Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

ROCE %

35.90

35.03

41.16

24.07

25.17

New Work SE Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
ROCE %																22.82	3.54	31.17	32.38	38.28

New Work SE ROCE % Calculation

New Work SE's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	52.753	/	( ( (340.954 - 144.928)	+	(378.169 - 155.043) )	/ 2 )
	=	52.753	/	( (196.026	+	223.126)	/ 2 )
	=	52.753	/	209.576
	=	25.17 %

New Work SE's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	80.048	/	( ( (376.596 - 168.729)	+	(380.334 - 170.011) )	/ 2 )
	=	80.048	/	( ( 207.867	+	210.323 )	/ 2 )
	=	80.048	/	209.095
	=	38.28 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

New Work SE (FRA:NWO) 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.

New Work SE ROCE % Related Terms

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New Work SE (FRA:NWO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » New Work SE (FRA:NWO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

XINXF:USA 0OR4:UK NWO:Germany

Address

Dammtorstrasse 30, Hamburg, DEU, 20354

Website

https://www.new-work.se

New Work SE is a German technology company offering online business platforms for professionals to network and share ideas, and jobs opportunities, among others. The company organizes itself into four business segments: B2C, B2B e-recruiting, B2B marketing solutions & events, and kunnu International. The B2C segment serves the members of social networking websites such as kunnu.com or xing.com to network with professionals and find suitable jobs, the B2B e-recruiting segment serves customers who want to access the talent pool, B2B marketing solutions & events cater to advertising and events clients, and the kunnu International segment includes business activities outside Germany, Austria and Switzerland. The B2C and B2B e-recruiting segments generate the majority of the company's revenue.

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