NAACW (North Atlantic Acquisition) ROCE %: -0.30% (As of Sep. 2022)

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NAACW North Atlantic Acquisition Corp NAACW
21 GF Score
Price $0.00
! 2 Warning Signs
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What is North Atlantic Acquisition ROCE %?

North Atlantic Acquisition NAACW 21 ROCE % is -0.30% as of Sep. 2022. GuruFocus rates NAACW with a GF Score™ of 21/100. The stock has 2 warning signs investors should review.

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. North Atlantic Acquisition's annualized ROCE % for the quarter that ended in Sep. 2022 was -0.30%.

North Atlantic Acquisition  (NAS:NAACW) 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.

North Atlantic Acquisition ROCE % Related Terms

North Atlantic Acquisition ROCE % Historical Data

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The historical data trend for North Atlantic Acquisition'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.

North Atlantic Acquisition ROCE % Chart

North Atlantic Acquisition Annual Data
Trend Dec20 Dec21
ROCE %
0.00 -1.97

North Atlantic Acquisition Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
ROCE % Get a 7-Day Free Trial -0.13 -1.41 -0.71 -0.60 -0.30
NAACW
21GF Score
North Atlantic Acquisition Corp NAACW
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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North Atlantic Acquisition ROCE % Calculation

North Atlantic Acquisition's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=-3.748/( ( (0.375 - 0.355) + (381.588 - 1.96) )/ 2 )
=-3.748/( (0.02+379.628)/ 2 )
=-3.748/189.824
=-1.97 %

North Atlantic Acquisition's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=-1.14/( ( (381.015 - 2.024) + (382.607 - 2.046) )/ 2 )
=-1.14/( ( 378.991 + 380.561 )/ 2 )
=-1.14/379.776
=-0.30 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -0.30% mean?
North Atlantic Acquisition (NAACW) has a ROCE % of -0.30% as of Sep. 2022.
Is North Atlantic Acquisition's ROCE % too high?
North Atlantic Acquisition's current ROCE % is -0.30%. Overall, North Atlantic Acquisition has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does North Atlantic Acquisition's ROCE % compare to PCPC and CPAR?
North Atlantic Acquisition's ROCE % of -0.30% can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Diversified Financial Services company?
A good ROCE % depends on the Diversified Financial Services industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. North Atlantic Acquisition's current ROCE % is -0.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Atlantic Acquisition stock overvalued right now?
North Atlantic Acquisition (NAACW) has a current ROCE % of -0.30%. The current ROCE % is -0.30%. North Atlantic Acquisition's overall GF Score™ is 21/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For North Atlantic Acquisition (NAACW), the current ROCE % is -0.30% as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

North Atlantic Acquisition Business Description

Address 1345 Avenue of the Americas, c/o Ellenoff Grossman & Schole LLP, New York, NY, USA, 10105
North Atlantic Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
21GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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