HIIIW (Hudson Executive Investment III) ROCE %: -0.17% (As of Sep. 2022)

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HIIIW Hudson Executive Investment Corp III HIIIW
24 GF Score
Price $0.00
! 2 Warning Signs
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What is Hudson Executive Investment III ROCE %?

Hudson Executive Investment III HIIIW 24 ROCE % is -0.17% as of Sep. 2022. GuruFocus rates HIIIW with a GF Score™ of 24/100. The stock has 2 warning signs 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. Hudson Executive Investment III's annualized ROCE % for the quarter that ended in Sep. 2022 was -0.17%.

Hudson Executive Investment III  (NAS:HIIIW) 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.

Hudson Executive Investment III ROCE % Related Terms

Hudson Executive Investment III ROCE % Historical Data

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The historical data trend for Hudson Executive Investment 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.

Hudson Executive Investment III ROCE % Chart

Hudson Executive Investment III Annual Data
Trend Dec20 Dec21
ROCE %
0.00 -0.35

Hudson Executive Investment III Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
ROCE % Get a 7-Day Free Trial -0.18 0.53 -0.27 -0.21 -0.17
HIIIW
24GF Score
Hudson Executive Investment Corp III HIIIW
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hudson Executive Investment III ROCE % Calculation

Hudson Executive Investment 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 )
=-1.049/( ( (0.301 - 0.277) + (601.21 - 0.455) )/ 2 )
=-1.049/( (0.024+600.755)/ 2 )
=-1.049/300.3895
=-0.35 %

Hudson Executive Investment 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 )
=-1.016/( ( (601.433 - 0.593) + (603.774 - 1.005) )/ 2 )
=-1.016/( ( 600.84 + 602.769 )/ 2 )
=-1.016/601.8045
=-0.17 %

(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 -0.17% mean?
Hudson Executive Investment III (HIIIW) has a ROCE % of -0.17% as of Sep. 2022.
Is Hudson Executive Investment III's ROCE % too high?
Hudson Executive Investment III's current ROCE % is -0.17%. Overall, Hudson Executive Investment III has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Hudson Executive Investment III's ROCE % compare to BTWN and AVAN?
Hudson Executive Investment III's ROCE % of -0.17% 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. Hudson Executive Investment III's current ROCE % is -0.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hudson Executive Investment III stock overvalued right now?
Hudson Executive Investment III (HIIIW) has a current ROCE % of -0.17%. The current ROCE % is -0.17%. Hudson Executive Investment III's overall GF Score™ is 24/100 with 2 warning signs 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 Hudson Executive Investment III (HIIIW), the current ROCE % is -0.17% 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.

Hudson Executive Investment III Business Description

Address 570 Lexington Avenue, 35th Floor, New York, NY, USA, 10022
Hudson Executive Investment Corp III is a blank check company.
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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