Tracsis (AQSE:TRCS.GB) ROCE % : 3.56% (As of Jul. 2024)

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What is Tracsis 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. Tracsis's annualized ROCE % for the quarter that ended in Jul. 2024 was 3.56%.

Tracsis ROCE % Historical Data

The historical data trend for Tracsis'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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Tracsis ROCE % Chart

Tracsis Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

ROCE %

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6.57

6.85

3.80

9.84

1.50

Tracsis Semi-Annual Data
	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24
ROCE %	Get a 7-Day Free Trial															3.73	6.32	12.98	-0.56	3.56

Tracsis ROCE % Calculation

Tracsis's annualized ROCE % for the fiscal year that ended in Jul. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2024 )		(A: Jul. 2023 )		(A: Jul. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2024 )		(A: Jul. 2023 )		(A: Jul. 2024 )
	=	1.139	/	( ( (100.904 - 24.88)	+	(102.81 - 26.772) )	/ 2 )
	=	1.139	/	( (76.024	+	76.038)	/ 2 )
	=	1.139	/	76.031
	=	1.50 %

Tracsis's ROCE % of for the quarter that ended in Jul. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jul. 2024 )		(Q: Jan. 2024 )		(Q: Jul. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jul. 2024 )		(Q: Jan. 2024 )		(Q: Jul. 2024 )
	=	2.702	/	( ( (94.442 - 18.731)	+	(102.81 - 26.772) )	/ 2 )
	=	2.702	/	( ( 75.711	+	76.038 )	/ 2 )
	=	2.702	/	75.8745
	=	3.56 %

(1) Note: The EBIT data used here is two times the semi-annual (Jul. 2024) EBIT data.

Tracsis (AQSE:TRCS.GB) 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.

Tracsis ROCE % Related Terms

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Tracsis Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tracsis PLC (AQSE:TRCS.GB) » Definitions » ROCE %

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Traded in Other Exchanges

TRCS:UK 4T2:Germany

Address

Discovery Way, Nexus, Leeds, GBR, LS2 3AA

Website

https://www.tracsis.com

Tracsis PLC is engaged in the business of software development and consultancy for the rail industry. It is organized into two main business segments: Rail Technology and Services and Data, Analytics, Consultancy & Events. The Rail Technology and Services division includes software, consultancy, and remote condition monitoring technology and also includes Ontrac. The Data, Analytics, Consultancy & Events division which derives majority revenue, focuses on data capture and analytics, geographic information systems, earth observation, consultancy and event traffic management within a range of transport and pedestrian rich environments. The company currently operates in three geographical markets: the United Kingdom, Ireland, Rest of Europe, North America, and Rest of the world.

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