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Itim Group (FRA:32I) ROCE % : -0.32% (As of Jun. 2024)


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What is Itim Group 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. Itim Group's annualized ROCE % for the quarter that ended in Jun. 2024 was -0.32%.


Itim Group ROCE % Historical Data

The historical data trend for Itim Group'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.

* Premium members only.

Itim Group ROCE % Chart

Itim Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial 7.11 7.21 2.82 -8.70 -7.82

Itim Group Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -5.05 -12.48 -16.19 0.20 -0.32

Itim Group ROCE % Calculation

Itim Group's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-1.226/( ( (22.906 - 6.983) + (23.182 - 7.76) )/ 2 )
=-1.226/( (15.923+15.422)/ 2 )
=-1.226/15.6725
=-7.82 %

Itim Group'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 )
=-0.05/( ( (23.182 - 7.76) + (22.995 - 7.628) )/ 2 )
=-0.05/( ( 15.422 + 15.367 )/ 2 )
=-0.05/15.3945
=-0.32 %

(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.


Itim Group  (FRA:32I) 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.


Itim Group ROCE % Related Terms

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Itim Group Business Description

Traded in Other Exchanges
Address
173 Victoria Street, 2nd Floor, Atlas House, London, GBR, SW1E 5NH
Itim Group PLC is engaged in providing software solutions to retailers by helping them to optimize their business and their stores to improve financial performance. It offers a complete set of retail software solutions including Multi-Channel Sales & Services, Enterprise Order Management, Price & Stock Optimization, and Supplier Management. The company operates in the United Kingdom, Europe, and other countries, with a majority of its revenue being derived from the United Kingdom.

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