Bemobi Tech (BSP:BMOB3) ROCE % : 16.83% (As of Dec. 2023)

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What is Bemobi Tech 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. Bemobi Tech's annualized ROCE % for the quarter that ended in Dec. 2023 was 16.83%.

Bemobi Tech ROCE % Historical Data

The historical data trend for Bemobi Tech'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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Bemobi Tech ROCE % Chart

Bemobi Tech Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

38.30

17.88

13.51

12.33

Bemobi Tech Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial								12.29	11.62	10.03	10.93	16.83

Bemobi Tech ROCE % Calculation

Bemobi Tech's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	136.814	/	( ( (1349.318 - 259.101)	+	(1443.377 - 314.623) )	/ 2 )
	=	136.814	/	( (1090.217	+	1128.754)	/ 2 )
	=	136.814	/	1109.4855
	=	12.33 %

Bemobi Tech's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	188.896	/	( ( (1393.536 - 277.073)	+	(1443.377 - 314.623) )	/ 2 )
	=	188.896	/	( ( 1116.463	+	1128.754 )	/ 2 )
	=	188.896	/	1122.6085
	=	16.83 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Bemobi Tech (BSP:BMOB3) 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.

Bemobi Tech ROCE % Related Terms

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Bemobi Tech (BSP:BMOB3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Bemobi Tech SA (BSP:BMOB3) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Visconde de Ouro Preto, 5 - 10º andar, Rio de Janeiro, RJ, BRA, 22250-180

Website

https://www.bemobi.com.br

Bemobi Tech SA is a mobile media and entertainment company. It provides OTT media subscription services and distribution platforms.

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