North Mountain Merger (FRA:92X) ROCE %: -0.62% (As of Jun. 2022)


FRA:92X North Mountain Merger Corp FRA:92X
22 GF Score
Price €10.20
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What is North Mountain Merger ROCE %?

North Mountain Merger FRA:92X 22 ROCE % is -0.62% as of Jun. 2022. GuruFocus rates FRA:92X with a GF Score™ of 22/100.

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. North Mountain Merger's annualized ROCE % for the quarter that ended in Jun. 2022 was -0.62%.

North Mountain Merger  (FRA:92X) 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.

North Mountain Merger ROCE % Related Terms

North Mountain Merger ROCE % Historical Data

* Premium members only.

The historical data trend for North Mountain Merger'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.

North Mountain Merger ROCE % Chart

North Mountain Merger Annual Data
Trend Dec20 Dec21
ROCE %
0.00 -0.92

North Mountain Merger Quarterly Data
Jul20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
ROCE % Get a 7-Day Free Trial -0.71 -0.62 -1.48 -0.78 -0.62
FRA:92X
22GF Score
North Mountain Merger Corp FRA:92X
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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North Mountain Merger ROCE % Calculation

North Mountain Merger's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=-1.038/( ( (109.781 - 0.102) + (117.433 - 0.379) )/ 2 )
=-1.038/( (109.679+117.054)/ 2 )
=-1.038/113.3665
=-0.92 %

North Mountain Merger's ROCE % of for the quarter that ended in Jun. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=-0.764/( ( (120.306 - 0.436) + (125.385 - 0.533) )/ 2 )
=-0.764/( ( 119.87 + 124.852 )/ 2 )
=-0.764/122.361
=-0.62 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2022) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -0.62% mean?
North Mountain Merger (FRA:92X) has a ROCE % of -0.62% as of Jun. 2022.
Is North Mountain Merger's ROCE % too high?
North Mountain Merger's current ROCE % is -0.62%. Overall, North Mountain Merger has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does North Mountain Merger's ROCE % compare to DMAQ and WAYS?
North Mountain Merger's ROCE % of -0.62% can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Diversified Financial Services company?
A good ROCE % depends on the Diversified Financial Services industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. North Mountain Merger's current ROCE % is -0.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Mountain Merger stock overvalued right now?
North Mountain Merger (FRA:92X) has a current ROCE % of -0.62%. The current ROCE % is -0.62%. North Mountain Merger's overall GF Score™ is 22/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For North Mountain Merger (FRA:92X), the current ROCE % is -0.62% as of Jun. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

North Mountain Merger Business Description

Address 767 Fifth Avenue, 9th Floor, New York, NY, USA, 10153
North Mountain Merger Corp is a blank check company.
22GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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