AXAC (AXIOS Sustainable Growth Acquisition) ROCE %: -1.63% (As of Sep. 2022)


AXAC AXIOS Sustainable Growth Acquisition Corp AXAC
22 GF Score
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What is AXIOS Sustainable Growth Acquisition ROCE %?

AXIOS Sustainable Growth Acquisition AXAC 22 ROCE % is -1.63% as of Sep. 2022. GuruFocus rates AXAC with a GF Score™ of 22/100.

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. AXIOS Sustainable Growth Acquisition's annualized ROCE % for the quarter that ended in Sep. 2022 was -1.63%.

AXIOS Sustainable Growth Acquisition  (OTCPK:AXAC) 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.

AXIOS Sustainable Growth Acquisition ROCE % Related Terms

AXIOS Sustainable Growth Acquisition ROCE % Historical Data

* Premium members only.

The historical data trend for AXIOS Sustainable Growth Acquisition'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.

AXIOS Sustainable Growth Acquisition ROCE % Chart

AXIOS Sustainable Growth Acquisition Annual Data
Trend Dec21
ROCE %
0.00

AXIOS Sustainable Growth Acquisition Quarterly Data
Dec21 Mar22 Jun22 Sep22
ROCE % 0.00 -5.06 -1.67 -1.63
AXAC
22GF Score
AXIOS Sustainable Growth Acquisition Corp AXAC
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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AXIOS Sustainable Growth Acquisition ROCE % Calculation

AXIOS Sustainable Growth Acquisition's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2021 )  (A: . 20 )(A: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2021 )  (A: . 20 )(A: Dec. 2021 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

AXIOS Sustainable Growth Acquisition's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=-2.884/( ( (177.567 - 1.197) + (177.663 - 1.177) )/ 2 )
=-2.884/( ( 176.37 + 176.486 )/ 2 )
=-2.884/176.428
=-1.63 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2022) 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 -1.63% mean?
AXIOS Sustainable Growth Acquisition (AXAC) has a ROCE % of -1.63% as of Sep. 2022.
Is AXIOS Sustainable Growth Acquisition's ROCE % too high?
AXIOS Sustainable Growth Acquisition's current ROCE % is -1.63%. Overall, AXIOS Sustainable Growth Acquisition has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does AXIOS Sustainable Growth Acquisition's ROCE % compare to CENQ and TPBA?
AXIOS Sustainable Growth Acquisition's ROCE % of -1.63% 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. AXIOS Sustainable Growth Acquisition's current ROCE % is -1.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AXIOS Sustainable Growth Acquisition stock overvalued right now?
AXIOS Sustainable Growth Acquisition (AXAC) has a current ROCE % of -1.63%. The current ROCE % is -1.63%. AXIOS Sustainable Growth Acquisition's overall GF Score™ is 22/100. 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 AXIOS Sustainable Growth Acquisition (AXAC), the current ROCE % is -1.63% as of Sep. 2022. 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.

AXIOS Sustainable Growth Acquisition Business Description

Address 14090, Hopewell Road, Hidden Pines Farm, Alpharetta, GA, USA, 3004
AXIOS Sustainable Growth Acquisition Corp is a blank check company.
22GF Score

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