THG (THGPF) ROCE % : -7.49% (As of Dec. 2023)

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What is THG 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. THG's annualized ROCE % for the quarter that ended in Dec. 2023 was -7.49%.

THG ROCE % Historical Data

The historical data trend for THG'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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THG ROCE % Chart

THG Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-1.97

-32.47

-6.05

-18.87

-8.05

THG Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial							-8.79	-6.44	-32.26	-8.52	-7.49

THG ROCE % Calculation

THG'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 )
	=	-217.803	/	( ( (3762.676 - 912.562)	+	(3519.734 - 960.309) )	/ 2 )
	=	-217.803	/	( (2850.114	+	2559.425)	/ 2 )
	=	-217.803	/	2704.7695
	=	-8.05 %

THG's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-197.692	/	( ( (3559.963 - 838.143)	+	(3519.734 - 960.309) )	/ 2 )
	=	-197.692	/	( ( 2721.82	+	2559.425 )	/ 2 )
	=	-197.692	/	2640.6225
	=	-7.49 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

THG (OTCPK:THGPF) 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.

THG ROCE % Related Terms

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THG (THGPF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » THG PLC (OTCPK:THGPF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

THGl:UK THG:UK

Address

Icon 1, Sunbank Lane, Ringway, Altrincham, GBR, WA15 0AF

Website

https://www.thg.com

THG PLC is an online retailer. It provides an end-to-end direct-to-consumer ("D2C") e-commerce solution for consumer brand owners under a Software as a Service, in addition to stand-alone services, including hosting, content creation and translation. Its business is operated through four businesses: THG Ingenuity, THG Nutrition, THG Beauty and Other. The company operates in the United Kingdom.

THG (THGPF) Headlines

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