essensys (LSE:ESYS) ROCE % : -28.85% (As of Jan. 2024)

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What is essensys 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. essensys's annualized ROCE % for the quarter that ended in Jan. 2024 was -28.85%.

essensys ROCE % Historical Data

The historical data trend for essensys'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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essensys ROCE % Chart

essensys Annual Data

Trend

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

ROCE %

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-9.30

3.41

-8.75

-25.95

-52.29

essensys Semi-Annual Data
	Jul16	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
ROCE %	Get a 7-Day Free Trial										-20.66	-30.81	-45.61	-61.95	-28.85

essensys ROCE % Calculation

essensys's annualized ROCE % for the fiscal year that ended in Jul. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	-15.297	/	( ( (47.325 - 9.706)	+	(27.515 - 6.628) )	/ 2 )
	=	-15.297	/	( (37.619	+	20.887)	/ 2 )
	=	-15.297	/	29.253
	=	-52.29 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Jul. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Jul. 2023 )		(Q: Jan. 2024 )
	=	-5.594	/	( ( (27.515 - 6.628)	+	(23.471 - 5.577) )	/ 2 )
	=	-5.594	/	( ( 20.887	+	17.894 )	/ 2 )
	=	-5.594	/	19.3905
	=	-28.85 %

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

essensys (LSE:ESYS) 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.

essensys ROCE % Related Terms

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essensys (LSE:ESYS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » essensys PLC (LSE:ESYS) » Definitions » ROCE %

Comparable Companies

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3L8:Germany

Address

2 Leman Street, Aldgate Tower, 7th Floor, London, GBR, E1 8FA

Website

https://www.essensys.tech

essensys PLC is engaged in providing SaaS platforms and on-demand cloud services to the flexible workspace industry. Its software is designed and developed to solve the complex operational challenges faced by multi-site flexible workspace. The group's technology allows operators to deliver a range of differentiated flexible and customer-specific services to a broad base of tenants across multiple locations and helps operators to manage the cost, operational and technological challenges. Geographically, it operates in United Kingdom and Europe, North America and Asia Pacific region, out of which it derives a majority of revenue from the North America.

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