Tick Trading Software AG (FRA:TBX0) ROCE % : 53.38% (As of Sep. 2024)

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What is Tick Trading Software AG 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. Tick Trading Software AG's annualized ROCE % for the quarter that ended in Sep. 2024 was 53.38%.

Tick Trading Software AG ROCE % Historical Data

The historical data trend for Tick Trading Software AG'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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Tick Trading Software AG ROCE % Chart

Tick Trading Software AG Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

ROCE %

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73.83

111.41

31.34

27.21

49.19

Tick Trading Software AG Semi-Annual Data
	Sep13	Sep14	Sep15	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															27.74	32.55	10.59	40.81	53.38

Tick Trading Software AG ROCE % Calculation

Tick Trading Software AG's annualized ROCE % for the fiscal year that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	1.846	/	( ( (4.022 - 0.51)	+	(4.431 - 0.438) )	/ 2 )
	=	1.846	/	( (3.512	+	3.993)	/ 2 )
	=	1.846	/	3.7525
	=	49.19 %

Tick Trading Software AG's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	2.148	/	( ( (4.73 - 0.675)	+	(4.431 - 0.438) )	/ 2 )
	=	2.148	/	( ( 4.055	+	3.993 )	/ 2 )
	=	2.148	/	4.024
	=	53.38 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

Tick Trading Software AG (FRA:TBX0) 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.

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Tick Trading Software AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tick Trading Software AG (FRA:TBX0) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Berliner Allee 59, Dusseldorf,, NW, DEU, 40212

Website

https://www.tick-ts.de

Tick Trading Software AG develops and distributes software packages for professional trading. The company's products are the TBMX Trading Platform, tick-TS Cloud, e-Trading Compliance Monitor, and others. tick Trading Software AG is active in the field of programming IT software; The focus here is on the programming of EDP software in the financial services segment (stock market software, trading software, etc.). In addition, it offers its customers "Software as a Service" housing and hosting of complex server systems for stock exchange trading in combination with its software solutions.

Executives

Carsten Schölzki

Board of Directors

Tick Trading Software AG Headlines

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