Penguin Solutions (FRA:850) ROCE % : -4.12% (As of Aug. 2024)

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What is Penguin Solutions 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. Penguin Solutions's annualized ROCE % for the quarter that ended in Aug. 2024 was -4.12%.

Penguin Solutions ROCE % Historical Data

The historical data trend for Penguin Solutions'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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Penguin Solutions ROCE % Chart

Penguin Solutions Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

ROCE %

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4.87

-2.40

7.81

-0.28

-0.25

Penguin Solutions Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
ROCE %	Get a 7-Day Free Trial															-0.41	0.64	-1.14	3.62	-4.12

Penguin Solutions ROCE % Calculation

Penguin Solutions's annualized ROCE % for the fiscal year that ended in Aug. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2024 )		(A: Aug. 2023 )		(A: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2024 )		(A: Aug. 2023 )		(A: Aug. 2024 )
	=	-2.53	/	( ( (1380.963 - 390.871)	+	(1337.377 - 297.13) )	/ 2 )
	=	-2.53	/	( (990.092	+	1040.247)	/ 2 )
	=	-2.53	/	1015.1695
	=	-0.25 %

Penguin Solutions's ROCE % of for the quarter that ended in Aug. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	-44.188	/	( ( (1430.173 - 324.806)	+	(1337.377 - 297.13) )	/ 2 )
	=	-44.188	/	( ( 1105.367	+	1040.247 )	/ 2 )
	=	-44.188	/	1072.807
	=	-4.12 %

(1) Note: The EBIT data used here is four times the quarterly (Aug. 2024) EBIT data.

Penguin Solutions (FRA:850) 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.

Penguin Solutions ROCE % Related Terms

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Penguin Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Penguin Solutions Inc (FRA:850) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

PENG:USA 850:Germany

Address

1390 McCarthy Boulevard, Milpitas, CA, USA, 94560

Website

https://www.penguinsolutions.com

Penguin Solutions Inc is an end-to-end technology company engaged in Intelligent Platform Solutions, Integrated Memory, and Optimized LED business. Its product include Servers, software, OCP HPC & AI system, Racks and Edge. Servers include AMD-based Serves, Intel-based Servers, etc. Software products include Scyld ClusterWare, Scyld Cloud Central, etc. OCP HPC & AI Systems includes OCP Servers & Storage and etc.

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