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CDK Global (CDK Global) ROCE % : 19.06% (As of Mar. 2022)


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What is CDK Global 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. CDK Global's annualized ROCE % for the quarter that ended in Mar. 2022 was 19.06%.


CDK Global ROCE % Historical Data

The historical data trend for CDK Global'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.

* Premium members only.

CDK Global ROCE % Chart

CDK Global Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.45 20.67 16.57 23.10 17.52

CDK Global Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.76 13.91 20.62 18.41 19.06

CDK Global ROCE % Calculation

CDK Global's annualized ROCE % for the fiscal year that ended in Jun. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2021 )  (A: Jun. 2020 )(A: Jun. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2021 )  (A: Jun. 2020 )(A: Jun. 2021 )
=409.3/( ( (2854.1 - 526.8) + (2712.6 - 368.3) )/ 2 )
=409.3/( (2327.3+2344.3)/ 2 )
=409.3/2335.8
=17.52 %

CDK Global's ROCE % of for the quarter that ended in Mar. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=473.2/( ( (2836.5 - 348.9) + (2882.6 - 404.6) )/ 2 )
=473.2/( ( 2487.6 + 2478 )/ 2 )
=473.2/2482.8
=19.06 %

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


CDK Global  (NAS:CDK) 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.


CDK Global ROCE % Related Terms

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CDK Global (CDK Global) Business Description

Traded in Other Exchanges
N/A
Address
1950 Hassell Road, Hoffman Estates, IL, USA, 60169
CDK Global Inc provides integrated information technology solutions to the automotive retail and adjacent industries in North America. The company's solutions connect people with technology by automating and integrating all parts of the dealership and buying process, including the acquisition, sale, financing, insuring, parts supply, repair, and maintenance of vehicles. It generates maximum revenue from subscriptions.
Executives
Lee J. Brunz officer: General Counsel and Secretary C/O CDK GLOBAL, INC. 1950 HASSELL RD. HOFFMAN ESTATES IL 60169
Neil B Fairfield officer: VP, Corporate Controller & CAO 200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Eric Guerin officer: EVP, Chief Financial Officer 1950 HASSELL ROAD, HOFFMAN ESTATES IL 60169
Jennifer A. Williams officer: VP, Corporate Controller & CAO 1950 HASSELL ROAD, HOFFMAN ESTATES IL 60169-6308
Mahesh Shah officer: Chief Product & Tech. Officer 1950 HASSELL ROAD, HOFFMAN ESTATES IL 60169-6308
Scott W Herbers officer: EVP, North America Sales 1950 HASSELL ROAD HOFFMAN ESTATES IL 60169-6308
Neil Packham officer: President, CDK International 1950 HASSELL ROAD HOFFMAN ESTATES IL 60169-6308
Joseph A Tautges officer: Executive Vice President CDK GLOBAL, INC. 1950 HASSELL ROAD HOFFMAN ESTATES IL 60169
Brian M Krzanich director, officer: CEO / President 1210 MACDONALD RANCH ROAD, HENDERSON NV 89012
Rajiv K Amar officer: Chief Technology Officer 1950 HASSELL ROAD HOFFMAN ESTATES IL 60169-6308
Scott L. Mathews officer: VP & President, Digital Mktg C/O CDK GLOBAL, INC. 1950 HASSELL RD. HOFFMAN ESTATES IL 60169
Amy W. Byrne officer: Chief Human Resources Officer 1950 HASSELL ROAD HOFFMAN ESTATES IL 60169-6308
Brian P Macdonald director 1735 MARKET STREET, PHILADELPHIA PA 19103
Frey Ronald L Jr officer: Chief Global Strategy Officer 1950 HASSELL ROAD HOFFMAN ESTATES IL 60169-6308
Stephen A. Miles director C/O CDK GLOBAL, INC. 1950 HASSELL RD. HOFFMAN ESTATES IL 60169

CDK Global (CDK Global) Headlines

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