Stock3 AG (XTER:BOG) ROCE % : -23.71% (As of Dec. 2023)

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What is Stock3 AG 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. Stock3 AG's annualized ROCE % for the quarter that ended in Dec. 2023 was -23.71%.

Stock3 AG ROCE % Historical Data

The historical data trend for Stock3 AG'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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Stock3 AG ROCE % Chart

Stock3 AG Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

31.07

20.05

-23.71

Stock3 AG Semi-Annual Data
	Dec21	Dec22	Dec23
ROCE %	31.07	20.05	-23.71

Stock3 AG ROCE % Calculation

Stock3 AG'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 )
	=	-1.652	/	( ( (8.263 - 1.705)	+	(9.127 - 1.748) )	/ 2 )
	=	-1.652	/	( (6.558	+	7.379)	/ 2 )
	=	-1.652	/	6.9685
	=	-23.71 %

Stock3 AG'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: Dec. 2022 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	-1.652	/	( ( (8.263 - 1.705)	+	(9.127 - 1.748) )	/ 2 )
	=	-1.652	/	( ( 6.558	+	7.379 )	/ 2 )
	=	-1.652	/	6.9685
	=	-23.71 %

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

Stock3 AG (XTER:BOG) 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.

Stock3 AG ROCE % Related Terms

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Stock3 AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Stock3 AG (XTER:BOG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

BOG:Germany

Address

Balanstrasse 73, House 11 / 3rd Floor, Munich, BY, DEU, D-81541

Website

https://www.stock3.com

Stock3 AG is engaged in providing consulting services. Its offerings include Financial portals, Content syndication, Training, Paid content, and Mobile solutions among other services.

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