CFACW (CF Finance Acquisition III) ROCE %: -0.15% (As of Jun. 2021)

What is CF Finance Acquisition III ROCE %?

CF Finance Acquisition III CFACW ROCE % is -0.15% as of Jun. 2021.

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. CF Finance Acquisition III's annualized ROCE % for the quarter that ended in Jun. 2021 was -0.15%.

CF Finance Acquisition III (NAS:CFACW) 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.

CF Finance Acquisition III ROCE % Related Terms

CF Finance Acquisition III ROCE % Historical Data

* Premium members only.

The historical data trend for CF Finance Acquisition III'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.

CF Finance Acquisition III ROCE % Chart

CF Finance Acquisition III Annual Data

Trend

Dec18

Dec19

Dec20

ROCE %

0.00

-4.35

-0.13

CF Finance Acquisition III Semi-Annual Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
ROCE %	Get a 7-Day Free Trial				0.00	0.00	-0.13	-0.30	-0.15

CF Finance Acquisition III ROCE % Calculation

CF Finance Acquisition III'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: Dec. 2019 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	-0.154	/	( ( (0.025 - 0.002)	+	(230.804 - 0.485) )	/ 2 )
	=	-0.154	/	( (0.023	+	230.319)	/ 2 )
	=	-0.154	/	115.171
	=	-0.13 %

CF Finance Acquisition III's ROCE % of for the quarter that ended in Jun. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2021 )		(Q: Mar. 2021 )		(Q: Jun. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2021 )		(Q: Mar. 2021 )		(Q: Jun. 2021 )
	=	-0.351	/	( ( (230.768 - 1.127)	+	(233.047 - 3.751) )	/ 2 )
	=	-0.351	/	( ( 229.641	+	229.296 )	/ 2 )
	=	-0.351	/	229.4685
	=	-0.15 %

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

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -0.15% mean?

CF Finance Acquisition III (CFACW) has a ROCE % of -0.15% as of Jun. 2021.

Is CF Finance Acquisition III's ROCE % too high?

CF Finance Acquisition III's current ROCE % is -0.15%.

How does CF Finance Acquisition III's ROCE % compare to ?

CF Finance Acquisition III's ROCE % of -0.15% 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. CF Finance Acquisition III's current ROCE % is -0.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is CF Finance Acquisition III stock overvalued right now?

CF Finance Acquisition III (CFACW) has a current ROCE % of -0.15%. The current ROCE % is -0.15%. 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 CF Finance Acquisition III (CFACW), the current ROCE % is -0.15% as of Jun. 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.

CF Finance Acquisition III Business Description

Industry Financial Services Diversified Financial Services

Comparable Companies

Address 110 East 59th Street, New York, NY, USA, 10022

CF Finance Acquisition Corp III is a blank check company.