Stack Capital Group (TSX:STCK) ROCE % : -8.05% (As of Dec. 2023)

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What is Stack Capital Group 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. Stack Capital Group's annualized ROCE % for the quarter that ended in Dec. 2023 was -8.05%.

Stack Capital Group ROCE % Historical Data

The historical data trend for Stack Capital Group'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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Stack Capital Group ROCE % Chart

Stack Capital Group Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-4.32

-2.60

Stack Capital Group Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial							-1.49	-3.61	1.04	0.22	-8.05

Stack Capital Group ROCE % Calculation

Stack Capital Group'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 )
	=	-2.584	/	( ( (102.429 - 0.371)	+	(97.101 - 0.351) )	/ 2 )
	=	-2.584	/	( (102.058	+	96.75)	/ 2 )
	=	-2.584	/	99.404
	=	-2.60 %

Stack Capital Group'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 )
	=	-7.94	/	( ( (101.053 - 0.49)	+	(97.101 - 0.351) )	/ 2 )
	=	-7.94	/	( ( 100.563	+	96.75 )	/ 2 )
	=	-7.94	/	98.6565
	=	-8.05 %

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

Stack Capital Group (TSX:STCK) 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.

Stack Capital Group ROCE % Related Terms

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Stack Capital Group (TSX:STCK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Stack Capital Group Inc (TSX:STCK) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

STCGF:USA

Address

155 Wellington Street West, Suite 3140, Toronto, ON, CAN, M5V 3H1

Website

https://www.stackcapitalgroup.com

Stack Capital Group Inc is a newly formed investment holding company. It is focused on investing in growth to late-stage private issuers with operating businesses, with long-term growth potential, located in, or with customers, suppliers or business primarily conducted in or dependent on, Canada or the United States. Its business objective is to maximize its long-term capital appreciation by seeking to achieve superior risk-adjusted investment performance.

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