TEKKW (Tekkorp Digital Acquisition) ROCE %: -5.06% (As of Jun. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TEKKW Tekkorp Digital Acquisition Corp TEKKW
21 GF Score
Price $0.00
View Full Analysis

What is Tekkorp Digital Acquisition ROCE %?

Tekkorp Digital Acquisition TEKKW 21 ROCE % is -5.06% as of Jun. 2022. GuruFocus rates TEKKW with a GF Score™ of 21/100.

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. Tekkorp Digital Acquisition's annualized ROCE % for the quarter that ended in Jun. 2022 was -5.06%.

Tekkorp Digital Acquisition  (NAS:TEKKW) 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.

Tekkorp Digital Acquisition ROCE % Related Terms

Tekkorp Digital Acquisition ROCE % Historical Data

* Premium members only.

The historical data trend for Tekkorp Digital 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.

Tekkorp Digital Acquisition ROCE % Chart

Tekkorp Digital Acquisition Annual Data
Trend Dec20 Dec21
ROCE %
0.00 -2.52

Tekkorp Digital Acquisition Quarterly Data
Aug20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
ROCE % Get a 7-Day Free Trial -3.37 -2.55 -3.26 -3.99 -5.06
TEKKW
21GF Score
Tekkorp Digital Acquisition Corp TEKKW
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tekkorp Digital Acquisition ROCE % Calculation

Tekkorp Digital 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 )
=-6.257/( ( (251.819 - 0.154) + (250.555 - 5.132) )/ 2 )
=-6.257/( (251.665+245.423)/ 2 )
=-6.257/248.544
=-2.52 %

Tekkorp Digital Acquisition's ROCE % of for the quarter that ended in Jun. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=-12.256/( ( (250.455 - 7.199) + (250.707 - 9.96) )/ 2 )
=-12.256/( ( 243.256 + 240.747 )/ 2 )
=-12.256/242.0015
=-5.06 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 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 -5.06% mean?
Tekkorp Digital Acquisition (TEKKW) has a ROCE % of -5.06% as of Jun. 2022.
Is Tekkorp Digital Acquisition's ROCE % too high?
Tekkorp Digital Acquisition's current ROCE % is -5.06%. Overall, Tekkorp Digital Acquisition has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Tekkorp Digital Acquisition's ROCE % compare to LOKM and ASAQ?
Tekkorp Digital Acquisition's ROCE % of -5.06% 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. Tekkorp Digital Acquisition's current ROCE % is -5.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tekkorp Digital Acquisition stock overvalued right now?
Tekkorp Digital Acquisition (TEKKW) has a current ROCE % of -5.06%. The current ROCE % is -5.06%. Tekkorp Digital Acquisition's overall GF Score™ is 21/100. 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 Tekkorp Digital Acquisition (TEKKW), the current ROCE % is -5.06% as of Jun. 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.

Tekkorp Digital Acquisition Business Description

Address 1980 Festival Plaza Drive, Suite 300, Las Vega, NV, USA, 89135
Tekkorp Digital Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
21GF Score

Get the complete analysis for TEKKW

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price