FRP Advisory Group (LSE:FRP) ROCE % : 31.05% (As of Oct. 2023)

View and export this data going back to 2020. Start your Free Trial

What is FRP Advisory 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. FRP Advisory Group's annualized ROCE % for the quarter that ended in Oct. 2023 was 31.05%.

FRP Advisory Group ROCE % Historical Data

The historical data trend for FRP Advisory 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.

FRP Advisory Group ROCE % Chart

FRP Advisory Group Annual Data

Trend

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

ROCE %

Get a 7-Day Free Trial

1.16

13.80

41.11

28.76

23.75

FRP Advisory Group Semi-Annual Data
	Apr17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
ROCE %	Get a 7-Day Free Trial								23.82	35.08	18.21	28.22	31.05

FRP Advisory Group ROCE % Calculation

FRP Advisory Group's annualized ROCE % for the fiscal year that ended in Apr. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	16.2	/	( ( (93.5 - 33.5)	+	(108.9 - 32.5) )	/ 2 )
	=	16.2	/	( (60	+	76.4)	/ 2 )
	=	16.2	/	68.2
	=	23.75 %

FRP Advisory Group's ROCE % of for the quarter that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2023 )		(Q: Apr. 2023 )		(Q: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2023 )		(Q: Apr. 2023 )		(Q: Oct. 2023 )
	=	24.2	/	( ( (108.9 - 32.5)	+	(109.3 - 29.8) )	/ 2 )
	=	24.2	/	( ( 76.4	+	79.5 )	/ 2 )
	=	24.2	/	77.95
	=	31.05 %

(1) Note: The EBIT data used here is two times the semi-annual (Oct. 2023) EBIT data.

FRP Advisory Group (LSE:FRP) 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.

FRP Advisory Group ROCE % Related Terms

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

FRP Advisory Group (LSE:FRP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » FRP Advisory Group PLC (LSE:FRP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

6S6:Germany

Address

110 Cannon Street, London, GBR, EC4N 6EU

Website

https://www.frpadvisory.com

FRP Advisory Group PLC is a professional services firm offering advisory services to companies, lenders, investors, and other stakeholders, as well as individuals. The company's services include Restructuring advisory; Corporate finance; Debt advisory; Forensic services; and Pension advisory. The group's revenue is derived from the provision of specialist business and advisory services. It advises across multiple sectors and all business sizes, principally servicing smaller and mid-market companies.

FRP Advisory Group (LSE:FRP) Headlines

From GuruFocus

FairPoint Communications Inc. Reports Operating Results (10-Q)

By gurufocus • 05-06-2009

Bernard Horn Comments on FairPoint Communications

By Vera Yuan Vera Yuan • 10-30-2014

A Case for Fairpoint Communications

By mo77 mo77 • 06-02-2011