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Next 15 Group (LSE:NFG) ROCE % : 42.94% (As of Jan. 2024)


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What is Next 15 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. Next 15 Group's annualized ROCE % for the quarter that ended in Jan. 2024 was 42.94%.


Next 15 Group ROCE % Historical Data

The historical data trend for Next 15 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.

Next 15 Group ROCE % Chart

Next 15 Group Annual Data
Trend Jul13 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.96 2.81 -29.67 11.66 31.21

Next 15 Group Semi-Annual Data
Jul13 Jan14 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 -67.93 2.93 17.56 24.04 42.94

Next 15 Group ROCE % Calculation

Next 15 Group's annualized ROCE % for the fiscal year that ended in Jan. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=110.591/( ( (594.426 - 239.028) + (591.62 - 238.402) )/ 2 )
=110.591/( (355.398+353.218)/ 2 )
=110.591/354.308
=31.21 %

Next 15 Group'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 )
=141.64/( ( (557.13 - 250.71) + (591.62 - 238.402) )/ 2 )
=141.64/( ( 306.42 + 353.218 )/ 2 )
=141.64/329.819
=42.94 %

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


Next 15 Group  (LSE:NFG) 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.


Next 15 Group ROCE % Related Terms

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Next 15 Group (LSE:NFG) Business Description

Traded in Other Exchanges
Address
60 Great Portland Street, London, GBR, W1W 7RT
Next 15 Group PLC is a digital marketing company in the United Kingdom. The company segments include Customer Engage; Customer Delivery; Customer Insight and Business Transformation. It generates maximum revenue from the Customer Engage segment.