FAASF (DigiAsia) ROCE %: 7.08% (As of Jun. 2024)

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What is DigiAsia ROCE %?

DigiAsia FAASF ROCE % is 7.08% as of Jun. 2024.

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. DigiAsia's annualized ROCE % for the quarter that ended in Jun. 2024 was 7.08%.

DigiAsia  (OTCPK:FAASF) 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.

DigiAsia ROCE % Related Terms

DigiAsia ROCE % Historical Data

* Premium members only.

The historical data trend for DigiAsia'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.

DigiAsia ROCE % Chart

DigiAsia Annual Data
Trend Dec21 Dec22
ROCE %
-100.70 -35.00

DigiAsia Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Jun24
ROCE % 0.00 -30.35 -38.20 6.08 7.08

DigiAsia ROCE % Calculation

DigiAsia'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 )
=-6.907/( ( (26.496 - 10.395) + (31.052 - 7.683) )/ 2 )
=-6.907/( (16.101+23.369)/ 2 )
=-6.907/19.735
=-35.00 %

DigiAsia's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2024 )  (Q: Jun. 2023 )(Q: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2024 )  (Q: Jun. 2023 )(Q: Jun. 2024 )
=1.204/( ( (51.799 - 28.094) + (70.36 - 60.065) )/ 2 )
=1.204/( ( 23.705 + 10.295 )/ 2 )
=1.204/17
=7.08 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) 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 7.08% mean?
DigiAsia (FAASF) has a ROCE % of 7.08% as of Jun. 2024.
Is DigiAsia's ROCE % too high?
DigiAsia's current ROCE % is 7.08%. The Software industry median ROCE % is 5.51. DigiAsia's value of 7.08% is 28.5% above this industry median.
How does DigiAsia's ROCE % compare to DTSS and BNAI?
DigiAsia's ROCE % of 7.08% can be compared against companies in the Software industry. The industry median ROCE % is 5.51. DigiAsia's value of 7.08% is 28.5% above this benchmark. 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 Software company?
The median ROCE % among Software companies is 5.51, based on 2,725 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DigiAsia's current ROCE % of 7.08% is 28.5% above the industry median. 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. For the Software industry, the median ROCE % is 5.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DigiAsia's current ROCE % is 7.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DigiAsia stock overvalued right now?
DigiAsia (FAASF) has a current ROCE % of 7.08%. The current ROCE % is 7.08% and 28.5% above the Software industry median of 5.51. 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 DigiAsia (FAASF), the current ROCE % is 7.08% as of Jun. 2024. 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.

DigiAsia Business Description

Address One Raffles Place, No. 28-02, Singapore, SGP, 048616
DigiAsia Corp operates as a holding company. The majority of DigiAsia's operations are currently conducted through its majority-owned entities, controlled entities and corporate joint venture. It is among the first embedded fintech as a service (EFaaS) companies in Indonesia serving business-to-business-to-consumer (B2B2C) customers, such as large corporations and state-owned enterprises, as well as business-to-business (B2B) customers, such as micro, small and medium-sized enterprise (MSME) merchants, across various segments. It aims to be a fintech-enabling platform in Southeast Asia by accelerating financial inclusion through its licenses and technology stack and combining the benefits of technological innovation with traditional financial services.