RoboGroup TEK (RoboGroup TEK) ROCE % : -21.66% (As of Dec. 2023)

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What is RoboGroup TEK 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. RoboGroup TEK's annualized ROCE % for the quarter that ended in Dec. 2023 was -21.66%.

RoboGroup TEK ROCE % Historical Data

The historical data trend for RoboGroup TEK'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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RoboGroup TEK ROCE % Chart

RoboGroup TEK Annual Data

Trend

Dec03

Dec04

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-37.28

14.77

-15.91

-18.49

-12.90

RoboGroup TEK Semi-Annual Data
	Jun01	Dec01	Jun02	Dec02	Jun03	Dec03	Jun04	Dec04	Jun05	Dec16	Dec17	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-12.13	-1.92	-30.86	-4.75	-21.66

RoboGroup TEK ROCE % Calculation

RoboGroup TEK'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 )
	=	-2.065	/	( ( (24.393 - 6.803)	+	(21.734 - 7.309) )	/ 2 )
	=	-2.065	/	( (17.59	+	14.425)	/ 2 )
	=	-2.065	/	16.0075
	=	-12.90 %

RoboGroup TEK's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-3.326	/	( ( (23.748 - 7.466)	+	(21.734 - 7.309) )	/ 2 )
	=	-3.326	/	( ( 16.282	+	14.425 )	/ 2 )
	=	-3.326	/	15.3535
	=	-21.66 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

RoboGroup TEK (OTCPK:ROBOF) 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.

RoboGroup TEK ROCE % Related Terms

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RoboGroup TEK (RoboGroup TEK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » RoboGroup TEK Ltd (OTCPK:ROBOF) » Definitions » ROCE %

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Traded in Other Exchanges

ROBO:Israel

Address

13 Hamelacha Street, Afek Industrial Park, Rosh Ha'Ayin, ISR, 48091

Website

http://www.robo-group.com

RoboGroup TEK Ltd is a global, diversified enterprise with proprietary technologies. It has technologies in the fields of robotics, motion control and technology education. The company has taken its engineering and management expertise in the fields of automation, motion control, and algorithmic functions and developed several businesses related to these technologies. Its products include intelitek; Coderz.

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