SPTKW (SportsTek Acquisition) ROCE %: -0.52% (As of Sep. 2022)

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SPTKW SportsTek Acquisition Corp SPTKW
24 GF Score
Price $0.00
! 2 Warning Signs
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What is SportsTek Acquisition ROCE %?

SportsTek Acquisition SPTKW 24 ROCE % is -0.52% as of Sep. 2022. GuruFocus rates SPTKW with a GF Score™ of 24/100. 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. SportsTek Acquisition's annualized ROCE % for the quarter that ended in Sep. 2022 was -0.52%.

SportsTek Acquisition  (NAS:SPTKW) 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.

SportsTek Acquisition ROCE % Related Terms

SportsTek Acquisition ROCE % Historical Data

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The historical data trend for SportsTek Acquisition'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.

SportsTek Acquisition ROCE % Chart

SportsTek Acquisition Annual Data
Trend Dec20 Dec21
ROCE %
0.00 -2.14

SportsTek Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
ROCE % Get a 7-Day Free Trial -0.58 -1.21 -0.82 -0.53 -0.52
SPTKW
24GF Score
SportsTek Acquisition Corp SPTKW
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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SportsTek Acquisition ROCE % Calculation

SportsTek Acquisition'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 )
=-1.846/( ( (0.563 - 0.538) + (173.243 - 0.867) )/ 2 )
=-1.846/( (0.025+172.376)/ 2 )
=-1.846/86.2005
=-2.14 %

SportsTek Acquisition'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 )
=-0.892/( ( (172.874 - 1.003) + (173.599 - 1.191) )/ 2 )
=-0.892/( ( 171.871 + 172.408 )/ 2 )
=-0.892/172.1395
=-0.52 %

(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 -0.52% mean?
SportsTek Acquisition (SPTKW) has a ROCE % of -0.52% as of Sep. 2022.
Is SportsTek Acquisition's ROCE % too high?
SportsTek Acquisition's current ROCE % is -0.52%. Overall, SportsTek Acquisition has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does SportsTek Acquisition's ROCE % compare to TCOA and PHIC?
SportsTek Acquisition's ROCE % of -0.52% 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. SportsTek Acquisition's current ROCE % is -0.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SportsTek Acquisition stock overvalued right now?
SportsTek Acquisition (SPTKW) has a current ROCE % of -0.52%. The current ROCE % is -0.52%. SportsTek Acquisition's overall GF Score™ is 24/100 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 SportsTek Acquisition (SPTKW), the current ROCE % is -0.52% 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.

SportsTek Acquisition Business Description

Address 2200 S. Utica Place, Suite 450, Tulsa, OK, USA, 74114
SportsTek Acquisition Corp is a blank check company.
24GF 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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