CoinSmart Financial (NEOE:SMRT) ROCE %: 15.49% (As of Mar. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NEOE:SMRT CoinSmart Financial Inc NEOE:SMRT
25 GF Score
Price C$0.22
View Full Analysis

What is CoinSmart Financial ROCE %?

CoinSmart Financial NEOE:SMRT 25 ROCE % is 15.49% as of Mar. 2023. GuruFocus rates NEOE:SMRT with a GF Score™ of 25/100.

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. CoinSmart Financial's annualized ROCE % for the quarter that ended in Mar. 2023 was 15.49%.

CoinSmart Financial  (NEOE:SMRT) 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.

CoinSmart Financial ROCE % Related Terms

CoinSmart Financial ROCE % Historical Data

* Premium members only.

The historical data trend for CoinSmart Financial'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.

CoinSmart Financial ROCE % Chart

CoinSmart Financial Annual Data
Trend Dec20 Dec21 Dec22
ROCE %
51.43 -16.58 -80.10

CoinSmart Financial Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -37.99 -181.72 -49.56 -67.48 15.49
NEOE:SMRT
25GF Score
CoinSmart Financial Inc NEOE:SMRT
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CoinSmart Financial ROCE % Calculation

CoinSmart Financial's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-11.008/( ( (82.998 - 64.026) + (53.457 - 44.942) )/ 2 )
=-11.008/( (18.972+8.515)/ 2 )
=-11.008/13.7435
=-80.10 %

CoinSmart Financial's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=1.348/( ( (53.457 - 44.942) + (69.784 - 60.891) )/ 2 )
=1.348/( ( 8.515 + 8.893 )/ 2 )
=1.348/8.704
=15.49 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2023) 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 15.49% mean?
CoinSmart Financial (NEOE:SMRT) has a ROCE % of 15.49% as of Mar. 2023.
Is CoinSmart Financial's ROCE % too high?
CoinSmart Financial's current ROCE % is 15.49%. The Software industry median ROCE % is 5.33. CoinSmart Financial's value of 15.49% is 190.9% above this industry median. Overall, CoinSmart Financial has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does CoinSmart Financial's ROCE % compare to CRM and INTU?
CoinSmart Financial's ROCE % of 15.49% can be compared against companies in the Software industry. The industry median ROCE % is 5.33. CoinSmart Financial's value of 15.49% is 190.9% above this benchmark. 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 Software company?
The median ROCE % among Software companies is 5.33, based on 2,726 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CoinSmart Financial's current ROCE % of 15.49% is 190.9% above the industry median. 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. For the Software industry, the median ROCE % is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CoinSmart Financial's current ROCE % is 15.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CoinSmart Financial stock overvalued right now?
CoinSmart Financial (NEOE:SMRT) has a current ROCE % of 15.49%. The current ROCE % is 15.49% and 190.9% above the Software industry median of 5.33. CoinSmart Financial's overall GF Score™ is 25/100. 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 CoinSmart Financial (NEOE:SMRT), the current ROCE % is 15.49% as of Mar. 2023. 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.

CoinSmart Financial Business Description

Address 1075 Bay Street, Unit 403, Toronto, ON, CAN, M5B 2B2
CoinSmart Financial Inc is a Toronto-based fintech company that operates an online crypto asset trading platform that provides a secure and intuitive platform for trading crypto assets. It is a digital asset trading platform dedicated to providing customers with an intuitive way for buying and selling digital assets, like Bitcoin and Ethereum, combined with the seamless ability to on-ramp and off-ramp fiat. The CoinSmart Platform lists liquid crypto assets, including Bitcoin, Ether,Polkadot, Shiba Inu, Chainlink, Uniswap, Solana, Polygon, Avalanche, Litecoin, Bitcoin Cash, Dogecoin,Stellar, USD Coin, EOS and Cardano.
25GF Score

Get the complete analysis for NEOE:SMRT

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

C$0.22
Price