Smarttech247 Group (LSE:S247) ROCE % : -9.96% (As of Jan. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Smarttech247 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. Smarttech247 Group's annualized ROCE % for the quarter that ended in Jan. 2024 was -9.96%.

Smarttech247 Group ROCE % Historical Data

The historical data trend for Smarttech247 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.

Smarttech247 Group ROCE % Chart

Smarttech247 Group Annual Data

Trend

Jul19

Jul20

Jul21

Jul22

Jul23

ROCE %

14.72

42.93

34.65

28.41

3.28

Smarttech247 Group Semi-Annual Data
	Jul19	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
ROCE %	Get a 7-Day Free Trial				19.06	38.45	-8.44	11.72	-9.96

Smarttech247 Group ROCE % Calculation

Smarttech247 Group'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 )
	=	0.261	/	( ( (9.818 - 3.982)	+	(15.507 - 5.427) )	/ 2 )
	=	0.261	/	( (5.836	+	10.08)	/ 2 )
	=	0.261	/	7.958
	=	3.28 %

Smarttech247 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 )
	=	-0.992	/	( ( (15.507 - 5.427)	+	(12.812 - 2.979) )	/ 2 )
	=	-0.992	/	( ( 10.08	+	9.833 )	/ 2 )
	=	-0.992	/	9.9565
	=	-9.96 %

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

Smarttech247 Group (LSE:S247) 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.

Smarttech247 Group ROCE % Related Terms

Thank you for viewing the detailed overview of Smarttech247 Group's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Smarttech247 Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Smarttech247 Group PLC (LSE:S247) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

165 Fleet Street, London, GBR, EC4A 2DY

Website

https://www.smarttech247.com

Smarttech247 Group PLC is an automated managed detection and response company. Its platform is trusted by organizations world-wide and provides threat intelligence with managed detection and response to provide actionable insights, 24/7 threat detection, investigation and response. The company's service is geared towards proactive prevention and it achieves this by utilizing the latest in cloud, big data analytics and machine learning, along with an experienced response team.

Smarttech247 Group Headlines

No Headlines