Scholium Group (LSE:SCHO) ROCE % : 4.22% (As of Sep. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Scholium 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. Scholium Group's annualized ROCE % for the quarter that ended in Sep. 2024 was 4.22%.

Scholium Group ROCE % Historical Data

The historical data trend for Scholium 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.

Scholium Group ROCE % Chart

Scholium Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

0.39

-4.28

5.38

2.61

3.42

Scholium Group Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															4.10	1.13	1.43	5.42	4.22

Scholium Group ROCE % Calculation

Scholium Group's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	0.363	/	( ( (12.963 - 2.516)	+	(14.291 - 3.509) )	/ 2 )
	=	0.363	/	( (10.447	+	10.782)	/ 2 )
	=	0.363	/	10.6145
	=	3.42 %

Scholium Group's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	0.476	/	( ( (14.291 - 3.509)	+	(15.489 - 3.695) )	/ 2 )
	=	0.476	/	( ( 10.782	+	11.794 )	/ 2 )
	=	0.476	/	11.288
	=	4.22 %

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

Scholium Group (LSE:SCHO) 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.

Scholium Group ROCE % Related Terms

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

Scholium Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Scholium Group PLC (LSE:SCHO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

94 New Bond Street, London, GBR, W1S 1SJ

Website

https://www.scholiumgroup.com

Scholium Group PLC is engaged in trading and retailing of rare and antiquarian books and works on paper in the United Kingdom. The company also trades with other third-party dealers in the broader arts and collectibles business through its subsidiary. It operates through two businesses namely Shapero Rare Books, a dealer in rare and collectible antiquarian books and works on paper with special expertise in Natural History, Russian and Travel books and is also developing Shapero Modern brand dealing in modern and contemporary prints and editions; and Scholium Trading that works alongside art dealers in the broader rare and collectibles market. All the company's revenue is generated from the United Kingdom.