Brand 24 (STU:8GS) ROCE % : 36.88% (As of Mar. 2024)

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What is Brand 24 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. Brand 24's annualized ROCE % for the quarter that ended in Mar. 2024 was 36.88%.

Brand 24 ROCE % Historical Data

The historical data trend for Brand 24'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.

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Brand 24 ROCE % Chart

Brand 24 Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-22.53

-20.84

12.44

29.04

28.64

Brand 24 Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															45.66	59.11	27.24	0.29	36.88

Brand 24 ROCE % Calculation

Brand 24's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	0.89	/	( ( (3.248 - 1.073)	+	(5.601 - 1.562) )	/ 2 )
	=	0.89	/	( (2.175	+	4.039)	/ 2 )
	=	0.89	/	3.107
	=	28.64 %

Brand 24's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	1.52	/	( ( (5.601 - 1.562)	+	(5.954 - 1.749) )	/ 2 )
	=	1.52	/	( ( 4.039	+	4.205 )	/ 2 )
	=	1.52	/	4.122
	=	36.88 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Brand 24 (STU:8GS) 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.

Brand 24 ROCE % Related Terms

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Brand 24 (STU:8GS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Brand 24 SA (STU:8GS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

B24:Poland

Address

ul. Strzegomska 138, Wroclaw, POL, 54-429

Website

https://www.brand24.pl

Brand 24 SA is a Poland based creator and supplier of Brand 24 analytics software used to monitor Internet content, including on social media such as Facebook or Twitter, on blogs, forums and on information services. The Brand 24 software collects and initially analyzes public mentions of brands, products and topics generally covered by monitored keywords in accordance with user-defined criteria.

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