InCoax Networks AB (FRA:86M) ROCE % : -25.73% (As of Dec. 2024)

View and export this data going back to 2021. Start your Free Trial

What is InCoax Networks AB 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. InCoax Networks AB's annualized ROCE % for the quarter that ended in Dec. 2024 was -25.73%.

InCoax Networks AB ROCE % Historical Data

The historical data trend for InCoax Networks AB'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.

InCoax Networks AB ROCE % Chart

InCoax Networks AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

-172.62

-52.13

-26.24

-18.06

-19.77

InCoax Networks AB Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-26.23	15.69	-20.75	-28.57	-25.73

InCoax Networks AB ROCE % Calculation

InCoax Networks AB's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	-1.685	/	( ( (10.274 - 2.839)	+	(11.969 - 2.359) )	/ 2 )
	=	-1.685	/	( (7.435	+	9.61)	/ 2 )
	=	-1.685	/	8.5225
	=	-19.77 %

InCoax Networks AB's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-2.616	/	( ( (13.312 - 2.59)	+	(11.969 - 2.359) )	/ 2 )
	=	-2.616	/	( ( 10.722	+	9.61 )	/ 2 )
	=	-2.616	/	10.166
	=	-25.73 %

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

InCoax Networks AB (FRA:86M) 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.

InCoax Networks AB ROCE % Related Terms

Thank you for viewing the detailed overview of InCoax Networks AB's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

InCoax Networks AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » InCoax Networks AB (FRA:86M) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

INCOAX:Sweden

Address

Mobilvagen 10, Ideon Science Park, Lund, SWE, SE-223 62

Website

https://www.incoax.com

InCoax Networks AB develops solutions for broadband access with gigabit speed. The company develops and sells products for broadband access via coaxial cable. The company's products include MoCA access modems, InCoax combine, and InCoax access modems among others. Its customers include LAN operators, FWA operators, Internet service providers, and Hospitality customers. Geographically, the company generates a majority of its revenue from its customers in North America, and the rest from the European Union, and other regions.

InCoax Networks AB Headlines

No Headlines