PEGRW (Project Energy Reimagined Acquisition) ROCE %: -8.86% (As of Mar. 2024)


PEGRW Project Energy Reimagined Acquisition Corp PEGRW
21 GF Score
Price $0.09
! 2 Warning Signs
View Full Analysis

What is Project Energy Reimagined Acquisition ROCE %?

Project Energy Reimagined Acquisition PEGRW 21 ROCE % is -8.86% as of Mar. 2024. GuruFocus rates PEGRW 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. Project Energy Reimagined Acquisition's annualized ROCE % for the quarter that ended in Mar. 2024 was -8.86%.

Project Energy Reimagined Acquisition  (NAS:PEGRW) 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.

Project Energy Reimagined Acquisition ROCE % Related Terms

Project Energy Reimagined Acquisition ROCE % Historical Data

* Premium members only.

The historical data trend for Project Energy Reimagined 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.

Project Energy Reimagined Acquisition ROCE % Chart

Project Energy Reimagined Acquisition Annual Data
Trend Dec21 Dec22 Dec23
ROCE %
0.00 -0.67 -2.50

Project Energy Reimagined Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.12 -1.46 -3.49 -5.01 -8.86
PEGRW
21GF Score
Project Energy Reimagined Acquisition Corp PEGRW
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Project Energy Reimagined Acquisition ROCE % Calculation

Project Energy Reimagined Acquisition'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 )
=-4.95/( ( (268.217 - 0.6) + (133.503 - 4.936) )/ 2 )
=-4.95/( (267.617+128.567)/ 2 )
=-4.95/198.092
=-2.50 %

Project Energy Reimagined Acquisition's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-11.412/( ( (133.503 - 4.936) + (135.669 - 6.614) )/ 2 )
=-11.412/( ( 128.567 + 129.055 )/ 2 )
=-11.412/128.811
=-8.86 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) 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 -8.86% mean?
Project Energy Reimagined Acquisition (PEGRW) has a ROCE % of -8.86% as of Mar. 2024.
Is Project Energy Reimagined Acquisition's ROCE % too high?
Project Energy Reimagined Acquisition's current ROCE % is -8.86%. Overall, Project Energy Reimagined Acquisition has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Project Energy Reimagined Acquisition's ROCE % compare to NETC and BRKH?
Project Energy Reimagined Acquisition's ROCE % of -8.86% 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. Project Energy Reimagined Acquisition's current ROCE % is -8.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Project Energy Reimagined Acquisition stock overvalued right now?
Project Energy Reimagined Acquisition (PEGRW) has a current ROCE % of -8.86%. The current ROCE % is -8.86%. Project Energy Reimagined 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 Project Energy Reimagined Acquisition (PEGRW), the current ROCE % is -8.86% as of Mar. 2024. 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.

Project Energy Reimagined Acquisition Business Description

Address 1285 Camino Real, Suite 200, Menlo Park, CA, USA, 94025
Project Energy Reimagined Acquisition Corp is a blank check company.
21GF Score

Get the complete analysis for PEGRW

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

$0.09
Price