Korn Ferry (FRA:KFY) ROCE % : 10.93% (As of Jan. 2024)

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What is Korn Ferry 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. Korn Ferry's annualized ROCE % for the quarter that ended in Jan. 2024 was 10.93%.

Korn Ferry ROCE % Historical Data

The historical data trend for Korn Ferry'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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Korn Ferry ROCE % Chart

Korn Ferry Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

ROCE %

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8.98

9.01

8.32

20.08

12.57

Korn Ferry Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															3.87	11.25	10.66	1.40	10.93

Korn Ferry ROCE % Calculation

Korn Ferry's annualized ROCE % for the fiscal year that ended in Apr. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	293.3	/	( ( (3208.17 - 911.392)	+	(3259.893 - 890.349) )	/ 2 )
	=	293.3	/	( (2296.778	+	2369.544)	/ 2 )
	=	293.3	/	2333.161
	=	12.57 %

Korn Ferry's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	270.568	/	( ( (3182.83 - 723.621)	+	(3264.706 - 773.544) )	/ 2 )
	=	270.568	/	( ( 2459.209	+	2491.162 )	/ 2 )
	=	270.568	/	2475.1855
	=	10.93 %

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

Korn Ferry (FRA:KFY) 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.

Korn Ferry ROCE % Related Terms

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Korn Ferry (FRA:KFY) Business Description

Industry

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Comparable Companies

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KFY:USA

Address

1900 Avenue of the Stars, Suite 1500, Los Angeles, CA, USA, 90067

Website

https://www.kornferry.com

Korn Ferry is a United States-based firm engaged in organizational consulting and management recruitment that helps clients fill mid- to high-level management positions. The company's segment includes Consulting; Digital; Executive Search and RPO and Professional Search.