AGCWW (Altimeter Growth) ROCE %: -1.40% (As of Sep. 2021)

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AGCWW Altimeter Growth Corp AGCWW
20 GF Score
Price $3.58
! 1 Warning Sign
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What is Altimeter Growth ROCE %?

Altimeter Growth AGCWW 20 ROCE % is -1.40% as of Sep. 2021. GuruFocus rates AGCWW with a GF Score™ of 20/100. The stock has 1 warning sign investors should review.

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. Altimeter Growth's annualized ROCE % for the quarter that ended in Sep. 2021 was -1.40%.

Altimeter Growth  (NAS:AGCWW) 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.

Altimeter Growth ROCE % Related Terms

Altimeter Growth ROCE % Historical Data

* Premium members only.

The historical data trend for Altimeter Growth'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.

Altimeter Growth ROCE % Chart

Altimeter Growth Annual Data
Trend Dec20
ROCE %
0.00

Altimeter Growth Semi-Annual Data
Aug20 Sep20 Mar21 Jun21 Sep21
ROCE % 0.00 0.00 -0.09 -0.13 -1.40
AGCWW
20GF Score
Altimeter Growth Corp AGCWW
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Altimeter Growth ROCE % Calculation

Altimeter Growth's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2020 )  (A: . 20 )(A: Dec. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2020 )  (A: . 20 )(A: Dec. 2020 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

Altimeter Growth's ROCE % of for the quarter that ended in Sep. 2021 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2021 )  (Q: Jun. 2021 )(Q: Sep. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2021 )  (Q: Jun. 2021 )(Q: Sep. 2021 )
=-6.961/( ( (500.52 - 0.314) + (500.245 - 6.992) )/ 2 )
=-6.961/( ( 500.206 + 493.253 )/ 2 )
=-6.961/496.7295
=-1.40 %

(1) Note: The EBIT data used here is one times the annual (Sep. 2021) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -1.40% mean?
Altimeter Growth (AGCWW) has a ROCE % of -1.40% as of Sep. 2021.
Is Altimeter Growth's ROCE % too high?
Altimeter Growth's current ROCE % is -1.40%. Overall, Altimeter Growth has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Altimeter Growth's ROCE % compare to ?
Altimeter Growth's ROCE % of -1.40% can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Diversified Financial Services company?
A good ROCE % depends on the Diversified Financial Services industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Altimeter Growth's current ROCE % is -1.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altimeter Growth stock overvalued right now?
Altimeter Growth (AGCWW) has a current ROCE % of -1.40%. The current ROCE % is -1.40%. Altimeter Growth's overall GF Score™ is 20/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Altimeter Growth (AGCWW), the current ROCE % is -1.40% as of Sep. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Altimeter Growth Business Description

Comparable Companies
Address 2550 Sand Hill Road, Suite 150, Menlo Park, CA, USA, 94025
Altimeter Growth Corp is a blank check company.
20GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.58
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