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Frontier Developments (STU:5FD) ROCE % : 9.07% (As of Nov. 2024)


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What is Frontier Developments ROCE %?

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. Frontier Developments's annualized ROCE % for the quarter that ended in Nov. 2024 was 9.07%.


Frontier Developments ROCE % Historical Data

The historical data trend for Frontier Developments'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.

* Premium members only.

Frontier Developments ROCE % Chart

Frontier Developments Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.26 14.91 1.08 -19.99 -24.93

Frontier Developments Semi-Annual Data
May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
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 9.20 -49.60 -60.25 8.25 9.07

Frontier Developments ROCE % Calculation

Frontier Developments's annualized ROCE % for the fiscal year that ended in May. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: May. 2024 )  (A: May. 2023 )(A: May. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: May. 2024 )  (A: May. 2023 )(A: May. 2024 )
=-31.583/( ( (161.959 - 25.706) + (137.271 - 20.108) )/ 2 )
=-31.583/( (136.253+117.163)/ 2 )
=-31.583/126.708
=-24.93 %

Frontier Developments's ROCE % of for the quarter that ended in Nov. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Nov. 2024 )  (Q: May. 2024 )(Q: Nov. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Nov. 2024 )  (Q: May. 2024 )(Q: Nov. 2024 )
=10.904/( ( (137.271 - 20.108) + (144.239 - 20.977) )/ 2 )
=10.904/( ( 117.163 + 123.262 )/ 2 )
=10.904/120.2125
=9.07 %

(1) Note: The EBIT data used here is two times the semi-annual (Nov. 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.


Frontier Developments  (STU:5FD) 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.


Frontier Developments ROCE % Related Terms

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Frontier Developments Business Description

Traded in Other Exchanges
Address
Milton Road, 26 Science Park, Cambridge, GBR, CB4 0FP
Frontier Developments PLC develops video games for interactive entertainment sector. It develops games using its Cobra proprietary cross-platform technology along with industry-standard software packages, allowing code and resources developed on PC to be compiled. Its games include RollerCoaster Tycoon 3, LostWinds, Kinectimals, Kinect Disneyland Adventures and Coaster Crazy games. It has one reportable segment: Self-Published Work. Business operations are based in the UK and its North American subsidiary, Frontier Developments Inc. in the United States. The company has one operating segment, being revenue from publishing games and revenue from other streams such as royalties and licensing.

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