FVTAW (Fortress Value Acquisition III) ROCE %: -0.58% (As of Sep. 2022)


FVTAW Fortress Value Acquisition Corp III FVTAW
22 GF Score
Price $0.04
! 1 Warning Sign
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What is Fortress Value Acquisition III ROCE %?

Fortress Value Acquisition III FVTAW 22 ROCE % is -0.58% as of Sep. 2022. GuruFocus rates FVTAW with a GF Score™ of 22/100. 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. Fortress Value Acquisition III's annualized ROCE % for the quarter that ended in Sep. 2022 was -0.58%.

Fortress Value Acquisition III  (OTCPK:FVTAW) 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.

Fortress Value Acquisition III ROCE % Related Terms

Fortress Value Acquisition III ROCE % Historical Data

* Premium members only.

The historical data trend for Fortress Value Acquisition III'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.

Fortress Value Acquisition III ROCE % Chart

Fortress Value Acquisition III Annual Data
Trend Dec20 Dec21
ROCE %
0.00 -4.75

Fortress Value Acquisition III Quarterly Data
Aug20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
ROCE % Get a 7-Day Free Trial Premium Member Only -0.63 -0.78 -0.53 -0.45 -0.58
FVTAW
22GF Score
Fortress Value Acquisition Corp III FVTAW
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortress Value Acquisition III ROCE % Calculation

Fortress Value Acquisition III'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 )
=-5.389/( ( (0.37 - 0.365) + (230.472 - 3.372) )/ 2 )
=-5.389/( (0.005+227.1)/ 2 )
=-5.389/113.5525
=-4.75 %

Fortress Value Acquisition III'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 )
=-1.308/( ( (230.636 - 3.767) + (231.43 - 3.897) )/ 2 )
=-1.308/( ( 226.869 + 227.533 )/ 2 )
=-1.308/227.201
=-0.58 %

(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 -0.58% mean?
Fortress Value Acquisition III (FVTAW) has a ROCE % of -0.58% as of Sep. 2022.
Is Fortress Value Acquisition III's ROCE % too high?
Fortress Value Acquisition III's current ROCE % is -0.58%. Overall, Fortress Value Acquisition III has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Fortress Value Acquisition III's ROCE % compare to TMAC and SHAC?
Fortress Value Acquisition III's ROCE % of -0.58% 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. Fortress Value Acquisition III's current ROCE % is -0.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortress Value Acquisition III stock overvalued right now?
Fortress Value Acquisition III (FVTAW) has a current ROCE % of -0.58%. The current ROCE % is -0.58%. Fortress Value Acquisition III's overall GF Score™ is 22/100 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 Fortress Value Acquisition III (FVTAW), the current ROCE % is -0.58% 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.

Fortress Value Acquisition III Business Description

Address 1345 Avenue of the Americas, 46th Floor, New York, NY, USA, 10105
Fortress Value Acquisition Corp III is a blank check company.
22GF Score

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