SHACW (SCP Healthcare Acquisition Co) ROCE %: -0.70% (As of Sep. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHACW SCP & CO Healthcare Acquisition Co SHACW
24 GF Score
Price $0.00
! 3 Warning Signs
View Full Analysis

What is SCP Healthcare Acquisition Co ROCE %?

SCP Healthcare Acquisition Co SHACW 24 ROCE % is -0.70% as of Sep. 2022. GuruFocus rates SHACW with a GF Score™ of 24/100. The stock has 3 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. SCP Healthcare Acquisition Co's annualized ROCE % for the quarter that ended in Sep. 2022 was -0.70%.

SCP Healthcare Acquisition Co  (NAS:SHACW) 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.

SCP Healthcare Acquisition Co ROCE % Related Terms

SCP Healthcare Acquisition Co ROCE % Historical Data

* Premium members only.

The historical data trend for SCP Healthcare Acquisition Co'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.

SCP Healthcare Acquisition Co ROCE % Chart

SCP Healthcare Acquisition Co Annual Data
Trend Dec20 Dec21
ROCE %
0.00 -1.22

SCP Healthcare Acquisition Co Quarterly Data
Aug20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
ROCE % Get a 7-Day Free Trial Premium Member Only -0.60 -0.81 -0.53 -0.54 -0.70
SHACW
24GF Score
SCP & CO Healthcare Acquisition Co SHACW
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SCP Healthcare Acquisition Co ROCE % Calculation

SCP Healthcare Acquisition Co's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=-1.41/( ( (0.21 - 0.187) + (232.014 - 0.425) )/ 2 )
=-1.41/( (0.023+231.589)/ 2 )
=-1.41/115.806
=-1.22 %

SCP Healthcare Acquisition Co's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=-1.612/( ( (231.564 - 0.262) + (232.394 - 0.526) )/ 2 )
=-1.612/( ( 231.302 + 231.868 )/ 2 )
=-1.612/231.585
=-0.70 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2022) 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 -0.70% mean?
SCP Healthcare Acquisition Co (SHACW) has a ROCE % of -0.70% as of Sep. 2022.
Is SCP Healthcare Acquisition Co's ROCE % too high?
SCP Healthcare Acquisition Co's current ROCE % is -0.70%. Overall, SCP Healthcare Acquisition Co has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does SCP Healthcare Acquisition Co's ROCE % compare to TMAC and TRIS?
SCP Healthcare Acquisition Co's ROCE % of -0.70% 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. SCP Healthcare Acquisition Co's current ROCE % is -0.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SCP Healthcare Acquisition Co stock overvalued right now?
SCP Healthcare Acquisition Co (SHACW) has a current ROCE % of -0.70%. The current ROCE % is -0.70%. SCP Healthcare Acquisition Co's overall GF Score™ is 24/100 with 3 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 SCP Healthcare Acquisition Co (SHACW), the current ROCE % is -0.70% as of Sep. 2022. 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.

SCP Healthcare Acquisition Co Business Description

Address 2909 West Bay to Bay Boulevard, Suite 300, Tampa, FL, USA, 33629
SCP & CO Healthcare Acquisition Co is a blank check company that intends to initially focus its search on identifying a prospective target business in the healthcare technology or healthcare-related industries in the United States and other developed countries.
24GF Score

Get the complete analysis for SHACW

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

$0.00
Price