Hostmore (LSE:MORE) ROCE % : -9.61% (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Hostmore 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. Hostmore's annualized ROCE % for the quarter that ended in Dec. 2023 was -9.61%.

Hostmore ROCE % Historical Data

The historical data trend for Hostmore'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.

Hostmore ROCE % Chart

Hostmore Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

10.90

-4.29

4.40

-40.09

-7.13

Hostmore Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial					12.97	-8.03	-73.23	-4.65	-9.61

Hostmore ROCE % Calculation

Hostmore'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 )
	=	-11.635	/	( ( (236.317 - 50.253)	+	(202.812 - 62.7) )	/ 2 )
	=	-11.635	/	( (186.064	+	140.112)	/ 2 )
	=	-11.635	/	163.088
	=	-7.13 %

Hostmore's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-14.966	/	( ( (228.173 - 56.837)	+	(202.812 - 62.7) )	/ 2 )
	=	-14.966	/	( ( 171.336	+	140.112 )	/ 2 )
	=	-14.966	/	155.724
	=	-9.61 %

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

Hostmore (LSE:MORE) 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.

Hostmore ROCE % Related Terms

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

Hostmore (LSE:MORE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Hostmore PLC (LSE:MORE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yeoman Way, Highdown House, Worthing, West Sussex, GBR, BN99 3HH

Website

https://www.hostmoregroup.com

Hostmore PLC is engaged in the hospitality business with its current operations focused on the American-themed casual dining brand, Fridays, and the cocktail-led bar and restaurant brand, 63rd+1st. Fridays brand offers authentic American food, an innovative cocktail list, and a high level of personal service. 63rd+1st brand offers a wide range of premium cocktails, spirits, beers, and wine.

Hostmore (LSE:MORE) Headlines

From GuruFocus

MORE Residential and Stockbridge Announce $4 Billion Single-Family Rental Joint Venture

By PRNewswire PRNewswire • 12-15-2021