Tavistock Investments (LSE:TAVI) ROCE % : 1.47% (As of Sep. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Tavistock Investments 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. Tavistock Investments's annualized ROCE % for the quarter that ended in Sep. 2023 was 1.47%.

Tavistock Investments ROCE % Historical Data

The historical data trend for Tavistock Investments'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.

Tavistock Investments ROCE % Chart

Tavistock Investments Annual Data

Trend

Dec12

Dec13

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

0.67

-24.30

5.74

80.65

-1.81

Tavistock Investments Semi-Annual Data
	Dec13	Jun14	Dec14	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															194.81	-20.61	-2.90	-0.49	1.47

Tavistock Investments ROCE % Calculation

Tavistock Investments's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-0.937	/	( ( (60.445 - 6.722)	+	(60.512 - 10.726) )	/ 2 )
	=	-0.937	/	( (53.723	+	49.786)	/ 2 )
	=	-0.937	/	51.7545
	=	-1.81 %

Tavistock Investments's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	0.742	/	( ( (60.512 - 10.726)	+	(59.353 - 8.144) )	/ 2 )
	=	0.742	/	( ( 49.786	+	51.209 )	/ 2 )
	=	0.742	/	50.4975
	=	1.47 %

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

Tavistock Investments (LSE:TAVI) 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.

Tavistock Investments ROCE % Related Terms

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

Tavistock Investments (LSE:TAVI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Tavistock Investments PLC (LSE:TAVI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lyndhurst Road, 1 Queen's Square, Ascot Business Park, Ascot, Berkshire, GBR, SL5 9FE

Website

https://www.tavistockinvestments.com

Tavistock Investments PLC is a UK-based company that is engaged in the provision of support services to a network of independent financial advisories (IFAs) and the provision of investment management services. The company's operating segments include Investment Management and Advisory Business. It generates maximum revenue from the Advisory Business segment. Revenue generated by the company mainly consists of fees and commissions received by providing services.

Tavistock Investments (LSE:TAVI) Headlines

No Headlines