ETACW (E.Merge Technology Acquisition) ROCE %: -0.38% (As of Jun. 2022)

What is E.Merge Technology Acquisition ROCE %?

E.Merge Technology Acquisition ETACW ROCE % is -0.38% as of Jun. 2022. 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. E.Merge Technology Acquisition's annualized ROCE % for the quarter that ended in Jun. 2022 was -0.38%.

E.Merge Technology Acquisition (NAS:ETACW) 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.

E.Merge Technology Acquisition ROCE % Related Terms

E.Merge Technology Acquisition ROCE % Historical Data

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The historical data trend for E.Merge Technology 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.

E.Merge Technology Acquisition ROCE % Chart

E.Merge Technology Acquisition Annual Data

Trend

Dec20

Dec21

ROCE %

0.00

-0.24

E.Merge Technology Acquisition Quarterly Data
	May20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
ROCE %	Get a 7-Day Free Trial			-0.16	-0.26	-0.39	-0.21	-0.38

E.Merge Technology Acquisition ROCE % Calculation

E.Merge Technology 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: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	-1.412	/	( ( (601.312 - 0.243)	+	(600.447 - 0.656) )	/ 2 )
	=	-1.412	/	( (601.069	+	599.791)	/ 2 )
	=	-1.412	/	600.43
	=	-0.24 %

E.Merge Technology Acquisition's ROCE % of for the quarter that ended in Jun. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2022 )		(Q: Mar. 2022 )		(Q: Jun. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2022 )		(Q: Mar. 2022 )		(Q: Jun. 2022 )
	=	-2.252	/	( ( (600.314 - 0.79)	+	(602.16 - 0.883) )	/ 2 )
	=	-2.252	/	( ( 599.524	+	601.277 )	/ 2 )
	=	-2.252	/	600.4005
	=	-0.38 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2022) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -0.38% mean?

E.Merge Technology Acquisition (ETACW) has a ROCE % of -0.38% as of Jun. 2022.

Is E.Merge Technology Acquisition's ROCE % too high?

E.Merge Technology Acquisition's current ROCE % is -0.38%.

How does E.Merge Technology Acquisition's ROCE % compare to BOAC and APSG?

E.Merge Technology Acquisition's ROCE % of -0.38% 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. E.Merge Technology Acquisition's current ROCE % is -0.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is E.Merge Technology Acquisition stock overvalued right now?

E.Merge Technology Acquisition (ETACW) has a current ROCE % of -0.38%. The current ROCE % is -0.38%. 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 E.Merge Technology Acquisition (ETACW), the current ROCE % is -0.38% as of Jun. 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.

E.Merge Technology Acquisition Business Description

Industry Financial Services Diversified Financial Services

Comparable Companies BOAC APSG EOCW AVAN BTWN VYGG HIII FVIV GOAC LMACA GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ

Address 630 Ramona Street, Palo Alto, CA, USA, 94301

Website https://emergetechacquisition.com

E.Merge Technology Acquisition Corp is a blank check company.