DWACW (Digital World Acquisition) ROCE %: -24.23% (As of Sep. 2023)


What is Digital World Acquisition ROCE %?

Digital World Acquisition DWACW +26.02% ROCE % is -24.23% as of Sep. 2023. 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. Digital World Acquisition's annualized ROCE % for the quarter that ended in Sep. 2023 was -24.23%.

Digital World Acquisition  (NAS:DWACW) 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.

Digital World Acquisition ROCE % Related Terms

Digital World Acquisition ROCE % Historical Data

* Premium members only.

The historical data trend for Digital World 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.

Digital World Acquisition ROCE % Chart

Digital World Acquisition Annual Data
Trend Dec20 Dec21 Dec22
ROCE %
0.00 -0.56 -6.64

Digital World Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -6.76 -10.61 -1.48 -17.24 -24.23

Digital World Acquisition ROCE % Calculation

Digital World 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 )
=-18.921/( ( (293.991 - 1.25) + (300.5 - 23.461) )/ 2 )
=-18.921/( (292.741+277.039)/ 2 )
=-18.921/284.89
=-6.64 %

Digital World Acquisition's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=-63.756/( ( (307.297 - 37.658) + (310.481 - 53.756) )/ 2 )
=-63.756/( ( 269.639 + 256.725 )/ 2 )
=-63.756/263.182
=-24.23 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) 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 -24.23% mean?
Digital World Acquisition (DWACW) has a ROCE % of -24.23% as of Sep. 2023.
Is Digital World Acquisition's ROCE % too high?
Digital World Acquisition's current ROCE % is -24.23%.
How does Digital World Acquisition's ROCE % compare to SAGA and HCVI?
Digital World Acquisition's ROCE % of -24.23% 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. Digital World Acquisition's current ROCE % is -24.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital World Acquisition stock overvalued right now?
Digital World Acquisition (DWACW) has a current ROCE % of -24.23%. The current ROCE % is -24.23%. 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 Digital World Acquisition (DWACW), the current ROCE % is -24.23% as of Sep. 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.

Digital World Acquisition Business Description

Address 3109 Grand Avenue, No 450, Miami, FL, USA, 33133
Digital World Acquisition Corp is a blank check company.