Express (LTS:0IJU) ROCE % : -25.69% (As of Jan. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Express 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. Express's annualized ROCE % for the quarter that ended in Jan. 2024 was -25.69%.

Express ROCE % Historical Data

The historical data trend for Express'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.

Express ROCE % Chart

Express Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

ROCE %

Get a 7-Day Free Trial

-1.21

-40.41

0.13

44.90

-23.91

Express Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															197.21	-32.99	-18.63	-13.44	-25.69

Express ROCE % Calculation

Express'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 )
	=	-189.174	/	( ( (1398.325 - 541.59)	+	(1289.74 - 564.087) )	/ 2 )
	=	-189.174	/	( (856.735	+	725.653)	/ 2 )
	=	-189.174	/	791.194
	=	-23.91 %

Express'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: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	-202.984	/	( ( (1467.758 - 613.068)	+	(1289.74 - 564.087) )	/ 2 )
	=	-202.984	/	( ( 854.69	+	725.653 )	/ 2 )
	=	-202.984	/	790.1715
	=	-25.69 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

Express (LTS:0IJU) 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.

Express ROCE % Related Terms

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

Express Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Express Inc (LTS:0IJU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Express Drive, Columbus, OH, USA, 43230

Website

https://www.express.com

Express Inc is a multi-brand fashion retailer. The company operates an omnichannel platform, including both physical and online stores. The company's two brand-based operating segments are Express, which includes UpWest, and Bonobos. Express segment is grounded in a belief that style, quality, and value should all be found in one place. UpWest is an apparel, accessories, and home goods brand with a purpose to provide comfort for people and planet. Bonobos is a menswear brand known for its exceptional fit and retail model.

Express Headlines

No Headlines