4iG Nyrt (BUD:4IG) ROCE % : -7.37% (As of Dec. 2023)

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What is 4iG Nyrt 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. 4iG Nyrt's annualized ROCE % for the quarter that ended in Dec. 2023 was -7.37%.

4iG Nyrt ROCE % Historical Data

The historical data trend for 4iG Nyrt'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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4iG Nyrt ROCE % Chart

4iG Nyrt Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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77.22

57.67

4.61

2.43

3.59

4iG Nyrt Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-1.48	7.08	5.96	7.65	-7.37

4iG Nyrt ROCE % Calculation

4iG Nyrt'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 )
	=	36615	/	( ( (944882 - 158594)	+	(1515608 - 259325) )	/ 2 )
	=	36615	/	( (786288	+	1256283)	/ 2 )
	=	36615	/	1021285.5
	=	3.59 %

4iG Nyrt'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-92148	/	( ( (1493241 - 248108)	+	(1515608 - 259325) )	/ 2 )
	=	-92148	/	( ( 1245133	+	1256283 )	/ 2 )
	=	-92148	/	1250708
	=	-7.37 %

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

4iG Nyrt (BUD:4IG) 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.

4iG Nyrt ROCE % Related Terms

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4iG Nyrt (BUD:4IG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » 4iG Nyrt (BUD:4IG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

Montevideo Street 8, Budapest, HUN, 1037

Website

https://www.4ig.hu

4iG Nyrt operates in the software application industry in Hungary. The company is engaged in project management and professional quality assurance, operation of database and application servers, oracle ERP and CMS development, implementation and operate ECM solutions, and account management consultancy. It operates through the following segments: IT services and trade; Telecommunications and Other activities. The company generates maximum revenue from the Telecommunications segment.

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