Highpoint Service Network (ROCO:6884) ROCE % : 14.00% (As of Jun. 2024)

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What is Highpoint Service 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. Highpoint Service Network's annualized ROCE % for the quarter that ended in Jun. 2024 was 14.00%.

Highpoint Service Network ROCE % Historical Data

The historical data trend for Highpoint Service 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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Highpoint Service Network ROCE % Chart

Highpoint Service Network Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

13.02

4.03

5.77

13.09

13.43

Highpoint Service Network Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Jun24
ROCE %	Get a 7-Day Free Trial					15.84	13.98	13.21	15.93	14.00

Highpoint Service Network ROCE % Calculation

Highpoint Service Network'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 )
	=	33.617	/	( ( (391.385 - 153.494)	+	(427.743 - 164.894) )	/ 2 )
	=	33.617	/	( (237.891	+	262.849)	/ 2 )
	=	33.617	/	250.37
	=	13.43 %

Highpoint Service Network's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Jun. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Jun. 2023 )		(Q: Jun. 2024 )
	=	37.762	/	( ( (445.002 - 186.82)	+	(559.942 - 278.804) )	/ 2 )
	=	37.762	/	( ( 258.182	+	281.138 )	/ 2 )
	=	37.762	/	269.66
	=	14.00 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Highpoint Service Network (ROCO:6884) 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.

Highpoint Service Network ROCE % Related Terms

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Highpoint Service Network Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Highpoint Service Network Corp (ROCO:6884) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xintai 5th Road, 7th Floor, No. 88, Section 1, Xizhi District, New Taipei City, TWN

Website

https://www.hsnservice.com

Highpoint Service Network Corp provides computer-related services and consulting. Its business scope provides multi-country support, multi-brand testing, repair, and maintenance authorized by the original factory. The service items include computer and peripheral products, and office and consumer electronics. Products and peripherals, servers and workstations, network, and computer room equipment.

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