NOWG (Nowigence) ROCE %: -1,215.49% (As of Dec. 2022)


NOWG Nowigence Inc NOWG
16 GF Score
Price $1.24
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What is Nowigence ROCE %?

Nowigence NOWG 16 ROCE % is -1,215.49% as of Dec. 2022. GuruFocus rates NOWG with a GF Score™ of 16/100.

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. Nowigence's annualized ROCE % for the quarter that ended in Dec. 2022 was -1,215.49%.

Nowigence  (OTCPK:NOWG) 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.

Nowigence ROCE % Related Terms

Nowigence ROCE % Historical Data

* Premium members only.

The historical data trend for Nowigence'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.

Nowigence ROCE % Chart

Nowigence Annual Data
Trend Dec20 Dec21 Dec22
ROCE %
-144.37 -175.76 -937.02

Nowigence Semi-Annual Data
Dec20 Dec21 Jun22 Dec22
ROCE % 0.00 0.00 -105.19 -1,215.49
NOWG
16GF Score
Nowigence Inc NOWG
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nowigence ROCE % Calculation

Nowigence'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 )
=-1.101/( ( (0.813 - 0.385) + (0.284 - 0.477) )/ 2 )
=-1.101/( (0.428+-0.193)/ 2 )
=-1.101/0.1175
=-937.02 %

Nowigence's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2022 )  (Q: Jun. 2022 )(Q: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2022 )  (Q: Jun. 2022 )(Q: Dec. 2022 )
=-1.726/( ( (0.843 - 0.366) + (0.284 - 0.477) )/ 2 )
=-1.726/( ( 0.477 + -0.193 )/ 2 )
=-1.726/0.142
=-1,215.49 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 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 -1,215.49% mean?
Nowigence (NOWG) has a ROCE % of -1,215.49% as of Dec. 2022.
Is Nowigence's ROCE % too high?
Nowigence's current ROCE % is -1,215.49%. Overall, Nowigence has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Nowigence's ROCE % compare to BMTX and LZGI?
Nowigence's ROCE % of -1,215.49% can be compared against companies in the Software industry. The industry median ROCE % is 5.27. 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 5.27, based on 2,711 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. 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 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nowigence's current ROCE % is -1,215.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nowigence stock overvalued right now?
Nowigence (NOWG) has a current ROCE % of -1,215.49%. The current ROCE % is -1,215.49%. Nowigence's overall GF Score™ is 16/100. 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 Nowigence (NOWG), the current ROCE % is -1,215.49% as of Dec. 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.

Nowigence Business Description

Address 313 Ushers Road, Suite 33, Ballston Lake, New York, NY, USA, 12019
Nowigence Inc is a software-as-a-service (SaaS) company focused on developing and bringing to market Pluaris, which is a comprehensive, ready-to-use artificial intelligence (AI) platform. Pluaris is created to replace contemporary search boxes found in apps, cloud data storage tools, intranets or company websites.
16GF 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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