GURUFOCUS.COM » STOCK LIST » Technology » Software » Aptitude Software Group PLC (LSE:APTD) » Definitions » ROCE %

Aptitude Software Group (LSE:APTD) ROCE % : 7.42% (As of Jun. 2024)


View and export this data going back to 1984. Start your Free Trial

What is Aptitude Software Group 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. Aptitude Software Group's annualized ROCE % for the quarter that ended in Jun. 2024 was 7.42%.


Aptitude Software Group ROCE % Historical Data

The historical data trend for Aptitude Software Group'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.

* Premium members only.

Aptitude Software Group ROCE % Chart

Aptitude Software Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.10 15.96 10.02 4.79 7.16

Aptitude Software Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.58 4.03 4.74 9.64 7.42

Aptitude Software Group ROCE % Calculation

Aptitude Software Group's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=5.485/( ( (118.192 - 40.182) + (119.413 - 44.137) )/ 2 )
=5.485/( (78.01+75.276)/ 2 )
=5.485/76.643
=7.16 %

Aptitude Software Group's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=5.494/( ( (119.413 - 44.137) + (112.094 - 39.355) )/ 2 )
=5.494/( ( 75.276 + 72.739 )/ 2 )
=5.494/74.0075
=7.42 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) 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.


Aptitude Software Group  (LSE:APTD) 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.


Aptitude Software Group ROCE % Related Terms

Thank you for viewing the detailed overview of Aptitude Software Group's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Aptitude Software Group Business Description

Traded in Other Exchanges
Address
138 Cheapside, 8th Floor, London, GBR, EC2V 6BJ
Aptitude Software Group PLC is engaged in the provision of IT services and solutions, including software-based activity. It operates its business through the Aptitude Software Segment. It Aptitude Software business provides a series of specialized financial management software applications, and the majority of the revenue is derived from software licenses, software subscription fees maintenance, support, funded development, and related consultancy. It operates in two geographic regions the United Kingdom and the Rest of the world, and the majority of its revenue comes from the United Kingdom.

Aptitude Software Group Headlines

No Headlines