SPOM (SPO Global) ROCE %: 54.46% (As of Sep. 2023)

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What is SPO Global ROCE %?

SPO Global SPOM ROCE % is 54.46% as of Sep. 2023.

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. SPO Global's annualized ROCE % for the quarter that ended in Sep. 2023 was 54.46%.

SPO Global (OTCPK:SPOM) 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.

SPO Global ROCE % Related Terms

SPO Global ROCE % Historical Data

* Premium members only.

The historical data trend for SPO Global'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.

SPO Global ROCE % Chart

SPO Global Annual Data

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ROCE %

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SPO Global Quarterly Data
	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep22	Sep23
ROCE %	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	54.46

SPO Global ROCE % Calculation

SPO Global's annualized ROCE % for the fiscal year that ended in Dec. 2016 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2016 )		(A: Dec. 2015 )		(A: Dec. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2016 )		(A: Dec. 2015 )		(A: Dec. 2016 )
	=	-0.178	/	( ( (0.171 - 1.855)	+	(0.054 - 2.302) )	/ 2 )
	=	-0.178	/	( (-1.684	+	-2.248)	/ 2 )
	=	-0.178	/	-1.966
	=	9.05 %

SPO Global's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Sep. 2022 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Sep. 2022 )		(Q: Sep. 2023 )
	=	3.396	/	( ( (0 - 0)	+	(6.834 - 0.598) )	/ 1 )
	=	3.396	/	( ( 0	+	6.236 )	/ 1 )
	=	3.396	/	6.236
	=	54.46 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 54.46% mean?

SPO Global (SPOM) has a ROCE % of 54.46% as of Sep. 2023.

Is SPO Global's ROCE % too high?

SPO Global's current ROCE % is 54.46%. The Conglomerates industry median ROCE % is 7.04. SPO Global's value of 54.46% is 673.6% above this industry median.

How does SPO Global's ROCE % compare to PTEEF and IDVV?

SPO Global's ROCE % of 54.46% can be compared against companies in the Conglomerates industry. The industry median ROCE % is 7.04. SPO Global's value of 54.46% is 673.6% above this benchmark. 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 Conglomerates company?

The median ROCE % among Conglomerates companies is 7.04, based on 559 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. SPO Global's current ROCE % of 54.46% is 673.6% above the industry median. 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 Conglomerates industry, the median ROCE % is 7.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPO Global's current ROCE % is 54.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is SPO Global stock overvalued right now?

SPO Global (SPOM) has a current ROCE % of 54.46%. The current ROCE % is 54.46% and 673.6% above the Conglomerates industry median of 7.04. 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 SPO Global (SPOM), the current ROCE % is 54.46% as of Sep. 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.

SPO Global Business Description

Industry Industrials Conglomerates

Comparable Companies PTEEF IDVV LCCN FSTF CIRX EFSH AXXA GTLL FUNN ADX:IHC HON TSE:6501 TSE:8058 MMM TSE:8001 TSE:8031 ADX:ALPHADHABI TSE:4901 TSE:8053 TSE:8002

Address 6343 All American Boulevard, Orlando, FL, USA, 32810

Website https://www.spominc.com

SPO Global Inc is engaged in the development and structuring of climate-related projects, with a focus on carbon capture and offsetting mechanisms.