Tyro Payments (ASX:TYR) ROCE % : 8.10% (As of Dec. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Tyro Payments 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. Tyro Payments's annualized ROCE % for the quarter that ended in Dec. 2024 was 8.10%.

Tyro Payments ROCE % Historical Data

The historical data trend for Tyro Payments'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.

* Premium members only.

Tyro Payments ROCE % Chart

Tyro Payments Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

Get a 7-Day Free Trial

-20.42

-12.53

-8.56

2.49

9.58

Tyro Payments Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial						2.12	2.88	4.66	15.03	8.10

Tyro Payments ROCE % Calculation

Tyro Payments's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	27.312	/	( ( (431.037 - 146.891)	+	(451.458 - 165.38) )	/ 2 )
	=	27.312	/	( (284.146	+	286.078)	/ 2 )
	=	27.312	/	285.112
	=	9.58 %

Tyro Payments's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	23.396	/	( ( (451.458 - 165.38)	+	(436.225 - 144.781) )	/ 2 )
	=	23.396	/	( ( 286.078	+	291.444 )	/ 2 )
	=	23.396	/	288.761
	=	8.10 %

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

Tyro Payments (ASX:TYR) 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.

Tyro Payments ROCE % Related Terms

Thank you for viewing the detailed overview of Tyro Payments's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Tyro Payments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tyro Payments Ltd (ASX:TYR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TYPMF:USA

Address

55 Market Street, Level 18, Sydney, NSW, AUS, 2000

Website

https://www.tyro.com

Tyro Payments is an Australian financial technology company engaged in providing routing payments solutions and business banking products to merchants. The firm mainly caters to small to medium-size enterprises in the hospitality, retail and health sectors. It is also expanding its reach into the trade, accommodation and services verticals. Tyro's value propositions include extensive industry-specific solutions, ease of integration with point-of-sale systems, broad acceptance of payment types and a variety of ancillary features. Despite Tyro's historic focus on in-store sales, it is also building up online gateways to facilitate e-commerce transactions and build out a multichannel payment solution. Geographically, it operates only in Australia.

Tyro Payments Headlines

No Headlines