FRBNW (Forbion European Acquisition) ROCE %: -8.06% (As of Sep. 2023)


FRBNW Forbion European Acquisition Corp FRBNW
18 GF Score
Price $0.74
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What is Forbion European Acquisition ROCE %?

Forbion European Acquisition FRBNW 18 ROCE % is -8.06% as of Sep. 2023. GuruFocus rates FRBNW with a GF Score™ of 18/100.

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. Forbion European Acquisition's annualized ROCE % for the quarter that ended in Sep. 2023 was -8.06%.

Forbion European Acquisition  (NAS:FRBNW) 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.

Forbion European Acquisition ROCE % Related Terms

Forbion European Acquisition ROCE % Historical Data

* Premium members only.

The historical data trend for Forbion European Acquisition'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.

Forbion European Acquisition ROCE % Chart

Forbion European Acquisition Annual Data
Trend Dec21 Dec22
ROCE %
0.00 -1.40

Forbion European Acquisition Quarterly Data
Jul21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROCE % Get a 7-Day Free Trial -1.60 -1.50 -5.40 -13.24 -8.06
FRBNW
18GF Score
Forbion European Acquisition Corp FRBNW
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Forbion European Acquisition ROCE % Calculation

Forbion European Acquisition's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-1.831/( ( (131.446 - 0.327) + (132.043 - 0.894) )/ 2 )
=-1.831/( (131.119+131.149)/ 2 )
=-1.831/131.134
=-1.40 %

Forbion European Acquisition's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=-10.296/( ( (136.096 - 8.007) + (138.945 - 11.642) )/ 2 )
=-10.296/( ( 128.089 + 127.303 )/ 2 )
=-10.296/127.696
=-8.06 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) 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 -8.06% mean?
Forbion European Acquisition (FRBNW) has a ROCE % of -8.06% as of Sep. 2023.
Is Forbion European Acquisition's ROCE % too high?
Forbion European Acquisition's current ROCE % is -8.06%. Overall, Forbion European Acquisition has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Forbion European Acquisition's ROCE % compare to RRAC and SVII?
Forbion European Acquisition's ROCE % of -8.06% 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. Forbion European Acquisition's current ROCE % is -8.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forbion European Acquisition stock overvalued right now?
Forbion European Acquisition (FRBNW) has a current ROCE % of -8.06%. The current ROCE % is -8.06%. Forbion European Acquisition's overall GF Score™ is 18/100. 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 Forbion European Acquisition (FRBNW), the current ROCE % is -8.06% as of Sep. 2023. 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.

Forbion European Acquisition Business Description

Address 4001 Kennett Pike, Suite 302, Wilmington, DE, USA, 19807
Forbion European Acquisition Corp is a blank check company.
18GF 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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