PERI (Perion Network) ROCE % : -1.49% (As of Sep. 2024)

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What is Perion Network 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. Perion Network's annualized ROCE % for the quarter that ended in Sep. 2024 was -1.49%.

Perion Network ROCE % Historical Data

The historical data trend for Perion Network'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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Perion Network ROCE % Chart

Perion Network Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.88

4.86

11.99

19.68

20.06

Perion Network Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															20.53	24.81	4.56	-2.36	-1.49

Perion Network ROCE % Calculation

Perion Network'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 )
	=	137.691	/	( ( (870.218 - 234.608)	+	(1077.266 - 340.028) )	/ 2 )
	=	137.691	/	( (635.61	+	737.238)	/ 2 )
	=	137.691	/	686.424
	=	20.06 %

Perion Network's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-11.24	/	( ( (937.109 - 177.171)	+	(892.466 - 138.608) )	/ 2 )
	=	-11.24	/	( ( 759.938	+	753.858 )	/ 2 )
	=	-11.24	/	756.898
	=	-1.49 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

Perion Network (NAS:PERI) 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.

Perion Network ROCE % Related Terms

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Perion Network Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Perion Network Ltd (NAS:PERI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

PERI:Israel IW2:Germany IW2:Germany

Address

26 HaRokmim Street, Holon, ISR, 5885849

Website

https://www.perion.com

Perion Network Ltd is a technology company. It offers online advertising and search solutions to brands, agencies, and publishers through desktop, mobile, and social channels. It connects advertisers to consumers across digital advertising channels, including search advertising, social, display, video, digital audio, digital out of home (DOOH), and Connected TV (CTV) advertising. The company earns prime revenue from search advertising and display advertising services. It operates in the business segment of High Impact Advertising solutions. Geographically, the company generates a majority of its revenue from the United States and the rest from other regions.

Executives

Longview Fund Lp

10 percent owner

VIKING ASSET MANAGEMENT LLC, 66 BOVET ROAD, SUITE 320, SAN MATEO, CA 94402