Clever Global (XMAD:CLE) ROCE % : 3.93% (As of Dec. 2022)

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What is Clever Global 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. Clever Global's annualized ROCE % for the quarter that ended in Dec. 2022 was 3.93%.

Clever Global ROCE % Historical Data

The historical data trend for Clever Global'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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Clever Global ROCE % Chart

Clever Global Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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0.06

-8.17

6.42

9.41

8.96

Clever Global Semi-Annual Data
	Dec12	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
ROCE %	Get a 7-Day Free Trial														6.36	15.86	0.89	12.50	3.93

Clever Global ROCE % Calculation

Clever Global's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	0.764	/	( ( (15.375 - 6.731)	+	(14.14 - 5.733) )	/ 2 )
	=	0.764	/	( (8.644	+	8.407)	/ 2 )
	=	0.764	/	8.5255
	=	8.96 %

Clever Global's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Jun. 2022 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Jun. 2022 )		(Q: Dec. 2022 )
	=	0.362	/	( ( (14.689 - 4.681)	+	(14.14 - 5.733) )	/ 2 )
	=	0.362	/	( ( 10.008	+	8.407 )	/ 2 )
	=	0.362	/	9.2075
	=	3.93 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2022) EBIT data.

Clever Global (XMAD:CLE) 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.

Clever Global ROCE % Related Terms

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Clever Global (XMAD:CLE) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Clever Global SA (XMAD:CLE) » Definitions » ROCE %

Comparable Companies

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N/A

Address

Glorieta Fernando, Quinones, Seville, ESP, 41940

Website

http://www.clever-global.com

Clever Global SA is a technology and SmartSourcing services company specializing in the coordination of business activities and the global management of suppliers and contractors, employees, machinery and vehicles. It helps companies and institutions at an international level to manage the exchange of information with their suppliers and customers and ensure the reliability of contractors and suppliers, facilitating greater visibility in the market. The company operates in three business lines including Registration and Homologation, Purchase Management and Contractors Control. Clever serves various sectors including building, renewable energy, mining, distribution, pharmacy and health and public administration.

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