Tucows (TSX:TC) ROCE % : -4.22% (As of Sep. 2024)

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What is Tucows 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. Tucows's annualized ROCE % for the quarter that ended in Sep. 2024 was -4.22%.

Tucows ROCE % Historical Data

The historical data trend for Tucows'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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Tucows ROCE % Chart

Tucows Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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13.13

5.08

3.63

-3.25

-11.36

Tucows Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-8.14	-7.84	-8.82	-2.97	-4.22

Tucows ROCE % Calculation

Tucows'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 )
	=	-82.239	/	( ( (903.059 - 255.655)	+	(1071.168 - 270.119) )	/ 2 )
	=	-82.239	/	( (647.404	+	801.049)	/ 2 )
	=	-82.239	/	724.2265
	=	-11.36 %

Tucows's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-33.204	/	( ( (1039.128 - 279.844)	+	(1082.362 - 269.392) )	/ 2 )
	=	-33.204	/	( ( 759.284	+	812.97 )	/ 2 )
	=	-33.204	/	786.127
	=	-4.22 %

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

Tucows (TSX:TC) 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.

Tucows ROCE % Related Terms

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Tucows Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tucows Inc (TSX:TC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TCX:USA 0LH4:UK

Address

96 Mowat Avenue, Toronto, ON, CAN, M6K 3M1

Website

https://www.tucows.com

Tucows Inc is a corporate parent, allocating capital and providing efficient shared services to its three businesses. The Company offers Mobile Service Enabler (MSE) solutions, as well as professional services to other retail mobile providers. The Company is also a distributor of Internet services, including domain name registration, digital certificates, and email. It provides these services through an Internet-based distribution network of Internet Service Providers, web hosting companies, and other providers of Internet services to end-users. It operates in three segments: Ting, Wavelo, and Tucows Domains. It generates the majority of its revenue from Tucows Domains.

Executives

Elliot Lawrence Noss	Director, Senior Officer
Investmentaktiengesellschaft Für Langfristige Investoren Tgv	10% Security Holder
Robin Chase	Director
David John Woroch	Senior Officer
Bret Fausett	Senior Officer
Jessica Johannson	Senior Officer
Justin Reilly	Senior Officer
Jeffrey Schwartz	Director
Michael Goldstein	Senior Officer
Rawleigh Hazen Ralls	Director