FTVIW (FinTech Acquisition VI) ROCE %: -0.46% (As of Sep. 2022)

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FTVIW FinTech Acquisition Corp VI FTVIW
24 GF Score
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! 1 Warning Sign
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What is FinTech Acquisition VI ROCE %?

FinTech Acquisition VI FTVIW 24 ROCE % is -0.46% as of Sep. 2022. GuruFocus rates FTVIW with a GF Score™ of 24/100. The stock has 1 warning sign investors should review.

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. FinTech Acquisition VI's annualized ROCE % for the quarter that ended in Sep. 2022 was -0.46%.

FinTech Acquisition VI  (NAS:FTVIW) 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.

FinTech Acquisition VI ROCE % Related Terms

FinTech Acquisition VI ROCE % Historical Data

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The historical data trend for FinTech Acquisition VI'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.

FinTech Acquisition VI ROCE % Chart

FinTech Acquisition VI Annual Data
Trend Dec21
ROCE %
-0.46

FinTech Acquisition VI Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
ROCE % Get a 7-Day Free Trial -0.64 -1.05 -1.70 -0.72 -0.46
FTVIW
24GF Score
FinTech Acquisition Corp VI FTVIW
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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FinTech Acquisition VI ROCE % Calculation

FinTech Acquisition VI'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: . 20 )(A: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2021 )  (A: . 20 )(A: Dec. 2021 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

FinTech Acquisition VI's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=-1.14/( ( (250.932 - 1.279) + (251.668 - 1.383) )/ 2 )
=-1.14/( ( 249.653 + 250.285 )/ 2 )
=-1.14/249.969
=-0.46 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 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 -0.46% mean?
FinTech Acquisition VI (FTVIW) has a ROCE % of -0.46% as of Sep. 2022.
Is FinTech Acquisition VI's ROCE % too high?
FinTech Acquisition VI's current ROCE % is -0.46%. Overall, FinTech Acquisition VI has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does FinTech Acquisition VI's ROCE % compare to CNDA and PICC?
FinTech Acquisition VI's ROCE % of -0.46% 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. FinTech Acquisition VI's current ROCE % is -0.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FinTech Acquisition VI stock overvalued right now?
FinTech Acquisition VI (FTVIW) has a current ROCE % of -0.46%. The current ROCE % is -0.46%. FinTech Acquisition VI's overall GF Score™ is 24/100 with 1 warning sign to review. 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 FinTech Acquisition VI (FTVIW), the current ROCE % is -0.46% as of Sep. 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.

FinTech Acquisition VI Business Description

Address 2929 Arch Street,, Suite 1703, Philadelphia, PA, USA, 19104-2870
FinTech Acquisition Corp VI is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
24GF 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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