GME (GameStop) ROCE % : -2.01% (As of Oct. 2024)

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What is GameStop 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. GameStop's annualized ROCE % for the quarter that ended in Oct. 2024 was -2.01%.

GameStop ROCE % Historical Data

The historical data trend for GameStop'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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GameStop ROCE % Chart

GameStop Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

ROCE %

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-23.20

-18.78

-22.10

-15.76

-1.67

GameStop Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
ROCE %	Get a 7-Day Free Trial															-3.42	13.78	-11.52	-2.71	-2.01

GameStop ROCE % Calculation

GameStop's annualized ROCE % for the fiscal year that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	-29.7	/	( ( (3113.4 - 1339.1)	+	(2709 - 934.5) )	/ 2 )
	=	-29.7	/	( (1774.3	+	1774.5)	/ 2 )
	=	-29.7	/	1774.4
	=	-1.67 %

GameStop's ROCE % of for the quarter that ended in Oct. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2024 )		(Q: Jul. 2024 )		(Q: Oct. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2024 )		(Q: Jul. 2024 )		(Q: Oct. 2024 )
	=	-99.2	/	( ( (5536.3 - 783.5)	+	(6240.2 - 1099.6) )	/ 2 )
	=	-99.2	/	( ( 4752.8	+	5140.6 )	/ 2 )
	=	-99.2	/	4946.7
	=	-2.01 %

(1) Note: The EBIT data used here is four times the quarterly (Oct. 2024) EBIT data.

GameStop (NYSE:GME) 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.

GameStop ROCE % Related Terms

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GameStop Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » GameStop Corp (NYSE:GME) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

GME:Mexico 1GME:Italy GS2C:Germany GS2C:Germany GS2C:Germany GS2C:Germany GME:Austria

Address

625 Westport Parkway, Grapevine, TX, USA, 76051

Website

https://www.gamestop.com

GameStop Corp is a U.S. multichannel video game, consumer electronics, and services retailer. The company operates across Europe, Canada, Australia, and the United States. GameStop sells new and second-hand video game hardware, physical and digital video game software, and video game accessories, mainly through GameStop, EB Games, and Micromania stores and international e-commerce sites. The majority of sales are from the United States.

Executives

Daniel William Moore	officer: PAO and Interim PFO	C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Mark Haymond Robinson	officer: General Manager	625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Lawrence Cheng	director	C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Alain Attal	director	C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Nir Vinay Patel	officer: Chief Operating Officer	C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Diana Saadeh-jajeh	officer: SVP, Interim CFO	C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Ryan Cohen	director, 10 percent owner	C/O OLSHAN FROME WOLOSKY LLP, 1325 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Rc Ventures Llc	10 percent owner	PO BOX 25250, PMB 30427, MIAMI FL 33102
Michael Recupero	officer: Chief Financial Officer	C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
James Grube	director	C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Matthew Furlong	director, officer: Chief Executive Officer	C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPVINE TX 76051
Jenna Owens	officer: Chief Operating Officer	C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Raul J Fernandez	director	11600 SUNRISE VALLEY DR, RESTON VA 20191
Kathy P Vrabeck	director	625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Lizabeth Dunn	director	C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051