FMIVW (Forum Merger IV) ROCE %: -2.35% (As of Mar. 2023)

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FMIVW Forum Merger IV Corp FMIVW
22 GF Score
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What is Forum Merger IV ROCE %?

Forum Merger IV FMIVW +44.44% 22 ROCE % is -2.35% as of Mar. 2023. GuruFocus rates FMIVW with a GF Score™ of 22/100.

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. Forum Merger IV's annualized ROCE % for the quarter that ended in Mar. 2023 was -2.35%.

Forum Merger IV  (NAS:FMIVW) 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.

Forum Merger IV ROCE % Related Terms

Forum Merger IV ROCE % Historical Data

* Premium members only.

The historical data trend for Forum Merger IV'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.

Forum Merger IV ROCE % Chart

Forum Merger IV Annual Data
Trend Dec21 Dec22
ROCE %
-0.56 -0.91

Forum Merger IV Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
ROCE % Get a 7-Day Free Trial Premium Member Only -1.15 -0.75 -1.06 -0.68 -2.35
FMIVW
22GF Score
Forum Merger IV Corp FMIVW
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Forum Merger IV ROCE % Calculation

Forum Merger IV'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 )
=-3.059/( ( (338.025 - 1.067) + (340.19 - 2.424) )/ 2 )
=-3.059/( (336.958+337.766)/ 2 )
=-3.059/337.362
=-0.91 %

Forum Merger IV's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=-4.708/( ( (340.19 - 2.424) + (66.957 - 4.045) )/ 2 )
=-4.708/( ( 337.766 + 62.912 )/ 2 )
=-4.708/200.339
=-2.35 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 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 -2.35% mean?
Forum Merger IV (FMIVW) has a ROCE % of -2.35% as of Mar. 2023.
Is Forum Merger IV's ROCE % too high?
Forum Merger IV's current ROCE % is -2.35%. Overall, Forum Merger IV has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Forum Merger IV's ROCE % compare to ZT and NAAC?
Forum Merger IV's ROCE % of -2.35% 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. Forum Merger IV's current ROCE % is -2.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forum Merger IV stock overvalued right now?
Forum Merger IV (FMIVW) has a current ROCE % of -2.35%. The current ROCE % is -2.35%. Forum Merger IV's overall GF Score™ is 22/100. 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 Forum Merger IV (FMIVW), the current ROCE % is -2.35% as of Mar. 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.

Forum Merger IV Business Description

Address 1615 South Congress Avenue, Suite 103, Delray Beach, FL, USA, 33445
Forum Merger IV Corp is a blank check company.
22GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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