DKDCW (Data Knights Acquisition) ROCE %: -4.12% (As of Jun. 2023)

What is Data Knights Acquisition ROCE %?

Data Knights Acquisition DKDCW 18 ROCE % is -4.12% as of Jun. 2023. GuruFocus rates DKDCW with a GF Score™ of 18/100. The stock has 1 warning sign investors should review.

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. Data Knights Acquisition's annualized ROCE % for the quarter that ended in Jun. 2023 was -4.12%.

Data Knights Acquisition (NAS:DKDCW) 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.

Data Knights Acquisition ROCE % Related Terms

Data Knights Acquisition ROCE % Historical Data

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The historical data trend for Data Knights 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.

Data Knights Acquisition ROCE % Chart

Data Knights Acquisition Annual Data

Trend

Dec21

Dec22

ROCE %

0.00

-7.34

Data Knights Acquisition Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
ROCE %	Get a 7-Day Free Trial					-2.71	-1.76	-18.55	-5.20	-4.12

18GF Score

Data Knights Acquisition Corp DKDCW

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Data Knights Acquisition ROCE % Calculation

Data Knights Acquisition's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-5.309	/	( ( (117.857 - 0.29)	+	(29.06 - 1.976) )	/ 2 )
	=	-5.309	/	( (117.567	+	27.084)	/ 2 )
	=	-5.309	/	72.3255
	=	-7.34 %

Data Knights Acquisition's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	-1.14	/	( ( (29.736 - 2.337)	+	(29.982 - 2.091) )	/ 2 )
	=	-1.14	/	( ( 27.399	+	27.891 )	/ 2 )
	=	-1.14	/	27.645
	=	-4.12 %

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

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -4.12% mean?

Data Knights Acquisition (DKDCW) has a ROCE % of -4.12% as of Jun. 2023.

Is Data Knights Acquisition's ROCE % too high?

Data Knights Acquisition's current ROCE % is -4.12%. Overall, Data Knights Acquisition has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.

How does Data Knights Acquisition's ROCE % compare to GDNR and ACBA?

Data Knights Acquisition's ROCE % of -4.12% 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. Data Knights Acquisition's current ROCE % is -4.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Data Knights Acquisition stock overvalued right now?

Data Knights Acquisition (DKDCW) has a current ROCE % of -4.12%. The current ROCE % is -4.12%. Data Knights Acquisition's overall GF Score™ is 18/100 with 1 warning sign to review. 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 Data Knights Acquisition (DKDCW), the current ROCE % is -4.12% as of Jun. 2023. 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.

Data Knights Acquisition Business Description

Industry Financial Services Diversified Financial Services

Comparable Companies GDNR ACBA AIB ADOC WAVS OTEC FATP XITO CPBI ADRT PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA

Address Manor Road, Frome Business Park, Unit G6, Frome, GBR, BA11 4FN

Data Knights Acquisition Corp is a newly organized blank check company.

18GF Score

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