GGPIW (Gores Guggenheim) ROCE %: -0.24% (As of Mar. 2022)


GGPIW Gores Guggenheim Inc GGPIW
22 GF Score
Price $2.52
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What is Gores Guggenheim ROCE %?

Gores Guggenheim GGPIW 22 ROCE % is -0.24% as of Mar. 2022. GuruFocus rates GGPIW 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. Gores Guggenheim's annualized ROCE % for the quarter that ended in Mar. 2022 was -0.24%.

Gores Guggenheim  (NAS:GGPIW) 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.

Gores Guggenheim ROCE % Related Terms

Gores Guggenheim ROCE % Historical Data

* Premium members only.

The historical data trend for Gores Guggenheim'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.

Gores Guggenheim ROCE % Chart

Gores Guggenheim Annual Data
Trend Dec20 Dec21
ROCE %
0.00 -2.41

Gores Guggenheim Semi-Annual Data
Jan21 Mar21 Jun21 Sep21 Dec21 Mar22
ROCE % Get a 7-Day Free Trial -0.03 -0.09 -0.67 -0.36 -0.24
GGPIW
22GF Score
Gores Guggenheim Inc GGPIW
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Gores Guggenheim ROCE % Calculation

Gores Guggenheim'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 )
=-8.415/( ( (0 - 0.002) + (801.836 - 104.929) )/ 2 )
=-8.415/( (-0.002+696.907)/ 2 )
=-8.415/348.4525
=-2.41 %

Gores Guggenheim's ROCE % of for the quarter that ended in Mar. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=-1.662/( ( (801.836 - 104.929) + (801.724 - 89.65) )/ 2 )
=-1.662/( ( 696.907 + 712.074 )/ 2 )
=-1.662/704.4905
=-0.24 %

(1) Note: The EBIT data used here is one times the annual (Mar. 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 -0.24% mean?
Gores Guggenheim (GGPIW) has a ROCE % of -0.24% as of Mar. 2022.
Is Gores Guggenheim's ROCE % too high?
Gores Guggenheim's current ROCE % is -0.24%. Overall, Gores Guggenheim has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Gores Guggenheim's ROCE % compare to CRHC and CPUH?
Gores Guggenheim's ROCE % of -0.24% 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. Gores Guggenheim's current ROCE % is -0.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gores Guggenheim stock overvalued right now?
Gores Guggenheim (GGPIW) has a current ROCE % of -0.24%. The current ROCE % is -0.24%. Gores Guggenheim'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 Gores Guggenheim (GGPIW), the current ROCE % is -0.24% as of Mar. 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.

Gores Guggenheim Business Description

Address 6260 Lookout Road, Boulder, CO, USA, 80301
Gores Guggenheim Inc is a blank check company.
22GF Score

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