SKGRW (SK Growth Opportunities) ROCE %: -1.18% (As of Dec. 2024)

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SKGRW SK Growth Opportunities Corp SKGRW
21 GF Score
Price $0.67
! 2 Warning Signs
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What is SK Growth Opportunities ROCE %?

SK Growth Opportunities SKGRW 21 ROCE % is -1.18% as of Dec. 2024. GuruFocus rates SKGRW with a GF Score™ of 21/100. The stock has 2 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. SK Growth Opportunities's annualized ROCE % for the quarter that ended in Dec. 2024 was -1.18%.

SK Growth Opportunities  (NAS:SKGRW) 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.

SK Growth Opportunities ROCE % Related Terms

SK Growth Opportunities ROCE % Historical Data

* Premium members only.

The historical data trend for SK Growth Opportunities'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.

SK Growth Opportunities ROCE % Chart

SK Growth Opportunities Annual Data
Trend Dec21 Dec22 Dec23 Dec24
ROCE %
0.00 -0.67 -1.34 -2.31

SK Growth Opportunities Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.41 -5.73 -0.87 -1.26 -1.18
SKGRW
21GF Score
SK Growth Opportunities Corp SKGRW
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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SK Growth Opportunities ROCE % Calculation

SK Growth Opportunities's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-2.437/( ( (109.947 - 1.691) + (112.87 - 10.349) )/ 2 )
=-2.437/( (108.256+102.521)/ 2 )
=-2.437/105.3885
=-2.31 %

SK Growth Opportunities's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=-1.24/( ( (114.548 - 7.758) + (112.87 - 10.349) )/ 2 )
=-1.24/( ( 106.79 + 102.521 )/ 2 )
=-1.24/104.6555
=-1.18 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) 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 -1.18% mean?
SK Growth Opportunities (SKGRW) has a ROCE % of -1.18% as of Dec. 2024.
Is SK Growth Opportunities' ROCE % too high?
SK Growth Opportunities' current ROCE % is -1.18%. Overall, SK Growth Opportunities has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does SK Growth Opportunities' ROCE % compare to IVCBF and BSII?
SK Growth Opportunities' ROCE % of -1.18% 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. SK Growth Opportunities's current ROCE % is -1.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SK Growth Opportunities stock overvalued right now?
SK Growth Opportunities (SKGRW) has a current ROCE % of -1.18%. The current ROCE % is -1.18%. SK Growth Opportunities' overall GF Score™ is 21/100 with 2 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 SK Growth Opportunities (SKGRW), the current ROCE % is -1.18% as of Dec. 2024. 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.

SK Growth Opportunities Business Description

Address 228 Park Avenue S, Suite 96693, New York, NY, USA, 10003
SK Growth Opportunities Corp is a blank check company. The company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
21GF Score

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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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