Zigup (FRA:21W) ROCE % : 8.34% (As of Oct. 2024)

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What is Zigup 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. Zigup's annualized ROCE % for the quarter that ended in Oct. 2024 was 8.34%.

Zigup ROCE % Historical Data

The historical data trend for Zigup'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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Zigup ROCE % Chart

Zigup Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

ROCE %

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2.31

5.70

10.11

12.11

11.30

Zigup Semi-Annual Data
	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24
ROCE %	Get a 7-Day Free Trial															13.93	10.60	13.08	9.03	8.34

Zigup ROCE % Calculation

Zigup's annualized ROCE % for the fiscal year that ended in Apr. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2024 )		(A: Apr. 2023 )		(A: Apr. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2024 )		(A: Apr. 2023 )		(A: Apr. 2024 )
	=	226.062	/	( ( (2392.755 - 464.837)	+	(2595.563 - 523.483) )	/ 2 )
	=	226.062	/	( (1927.918	+	2072.08)	/ 2 )
	=	226.062	/	1999.999
	=	11.30 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2024 )		(Q: Apr. 2024 )		(Q: Oct. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2024 )		(Q: Apr. 2024 )		(Q: Oct. 2024 )
	=	177.556	/	( ( (2595.563 - 523.483)	+	(2731.732 - 546.216) )	/ 2 )
	=	177.556	/	( ( 2072.08	+	2185.516 )	/ 2 )
	=	177.556	/	2128.798
	=	8.34 %

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

Zigup (FRA:21W) 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.

Zigup ROCE % Related Terms

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Zigup Business Description

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Address

Lingfield Way, Northgate Centre, Darlington, GBR, DL1 4PZ

Website

https://www.zigup.com

Zigup PLC is a integrated mobility solutions provider, with a platform providing services across the vehicle lifecycle to help people keep on the move, smarter. It offers mobility solutions to businesses, fleet operators, insurers, OEMs and other customers across a broad range of areas from vehicle rental and fleet management to accident management, vehicle repairs, service and maintenance. the company has owned and leased vehicles, supporting managed vehicles across the UK, Ireland and Spain.

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