RS2 (LTS:0MVH) ROCE % : 24.30% (As of Dec. 2023)

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What is RS2 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. RS2's annualized ROCE % for the quarter that ended in Dec. 2023 was 24.30%.

RS2 ROCE % Historical Data

The historical data trend for RS2'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.

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RS2 ROCE % Chart

RS2 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-9.45

-19.56

26.20

5.54

5.33

RS2 Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															21.76	15.65	-5.00	-13.10	24.30

RS2 ROCE % Calculation

RS2's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	1.747	/	( ( (43.352 - 10.224)	+	(49.439 - 17.028) )	/ 2 )
	=	1.747	/	( (33.128	+	32.411)	/ 2 )
	=	1.747	/	32.7695
	=	5.33 %

RS2's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	7.682	/	( ( (41.357 - 10.54)	+	(49.439 - 17.028) )	/ 2 )
	=	7.682	/	( ( 30.817	+	32.411 )	/ 2 )
	=	7.682	/	31.614
	=	24.30 %

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

RS2 (LTS:0MVH) 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.

RS2 ROCE % Related Terms

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RS2 (LTS:0MVH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » RS2 PLC (LTS:0MVH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

RS2:Malta

Address

Fort Road, RS2 Buildings, Mosta, MLT, 1859

Website

https://www.rs2.com

RS2 PLC is engaged in providing Payments Software and Managed Services. It is involved in the development, installation, implementation, and marketing of computer software for financial institutions under the trademark of BankWORKS and the processing of payment transactions with the use of BankWORKS. Its segments include Licensing of the company's BankWORKS software to banks and Service providers, including maintenance and enhanced services thereto; Processing of payment transactions utilizing the group's BankWORKS software; and Merchant Solutions, which include issuing and acquiring payment solutions directly to merchants, including terminal and PSP gateway services. Its geographic segments include Malta, the United Kingdom and Ireland, the United States, and Other countries.

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