SFES (Safeguard Scientifics) ROCE %: -30.96% (As of Dec. 2023)


SFES Safeguard Scientifics Inc SFES
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What is Safeguard Scientifics ROCE %?

Safeguard Scientifics SFES 12 ROCE % is -30.96% as of Dec. 2023. GuruFocus rates SFES with a GF Score™ of 12/100.

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. Safeguard Scientifics's annualized ROCE % for the quarter that ended in Dec. 2023 was -30.96%.

Safeguard Scientifics  (OTCPK:SFES) 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.

Safeguard Scientifics ROCE % Related Terms

Safeguard Scientifics ROCE % Historical Data

* Premium members only.

The historical data trend for Safeguard Scientifics'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.

Safeguard Scientifics ROCE % Chart

Safeguard Scientifics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.94 -11.09 -12.14 -10.83 -20.06

Safeguard Scientifics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.70 -13.85 -15.20 -17.31 -30.96
SFES
12GF Score
Safeguard Scientifics Inc SFES
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Safeguard Scientifics ROCE % Calculation

Safeguard Scientifics'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 )
=-5.683/( ( (37.692 - 1.817) + (22.836 - 2.046) )/ 2 )
=-5.683/( (35.875+20.79)/ 2 )
=-5.683/28.3325
=-20.06 %

Safeguard Scientifics'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: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-7.996/( ( (32.427 - 1.563) + (22.836 - 2.046) )/ 2 )
=-7.996/( ( 30.864 + 20.79 )/ 2 )
=-7.996/25.827
=-30.96 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) 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 -30.96% mean?
Safeguard Scientifics (SFES) has a ROCE % of -30.96% as of Dec. 2023.
Is Safeguard Scientifics' ROCE % too high?
Safeguard Scientifics' current ROCE % is -30.96%. Overall, Safeguard Scientifics has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Safeguard Scientifics' ROCE % compare to PIAC and EQS?
Safeguard Scientifics' ROCE % of -30.96% can be compared against companies in the Asset Management industry. The industry median ROCE % is 4.39. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Asset Management company?
The median ROCE % among Asset Management companies is 4.39, based on 707 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 Asset Management industry, the median ROCE % is 4.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safeguard Scientifics's current ROCE % is -30.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safeguard Scientifics stock overvalued right now?
Safeguard Scientifics (SFES) has a current ROCE % of -30.96%. The current ROCE % is -30.96%. Safeguard Scientifics' overall GF Score™ is 12/100. 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 Safeguard Scientifics (SFES), the current ROCE % is -30.96% as of Dec. 2023. 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.

Safeguard Scientifics Business Description

Address 150 North Radnor Chester Road, Suite F-200, Radnor, PA, USA, 19087
Safeguard Scientifics Inc is a holding/investment monetization company managing legacy portfolio investments, rather than an actively growing venture investor. The firm offers strategic, operational, and management support to certain of its ownership interests. Representatives of the firm serve on the boards of directors of certain of its holding/investment companies, working with them to develop and implement strategic and operating plans.
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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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