FNCHF (FINEOS Holdings) ROCE % : -6.73% (As of Jun. 2024)

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What is FINEOS Holdings ROCE %?

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. FINEOS Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was -6.73%.

FINEOS Holdings ROCE % Historical Data

The historical data trend for FINEOS Holdings'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.

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FINEOS Holdings ROCE % Chart

FINEOS Holdings Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

ROCE %

1.02

-11.17

-16.70

-14.11

FINEOS Holdings Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial						-25.43	-17.59	-10.51	-9.73	-6.73

FINEOS Holdings ROCE % Calculation

FINEOS Holdings's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-25.368	/	( ( (236.162 - 44.91)	+	(217.953 - 49.508) )	/ 2 )
	=	-25.368	/	( (191.252	+	168.445)	/ 2 )
	=	-25.368	/	179.8485
	=	-14.11 %

FINEOS Holdings'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: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	-12.344	/	( ( (214.075 - 27.869)	+	(233.626 - 52.787) )	/ 2 )
	=	-12.344	/	( ( 186.206	+	180.839 )	/ 2 )
	=	-12.344	/	183.5225
	=	-6.73 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

FINEOS Holdings (OTCPK:FNCHF) 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.

FINEOS Holdings ROCE % Related Terms

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FINEOS Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » FINEOS Corp Holdings PLC (OTCPK:FNCHF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

0M9:Germany FCL:Australia

Address

East Point Business Park, Alfy Byrne Road, Fineos House, East Wall, Dublin, IRL, D03 FT97

Website

https://www.fineos.com

Fineos Corp Holdings PLC is an Irish company engaged in providing software solutions that include management and administration of policies and claims to the life, accident, and health insurance industry. The company's platform, Fineos AdminSuite, comprises Fineos Absence, Fineos Billing, Fineos Claims, Fineos Payments, and Fineos Provider, among other solutions.