Express, (FRA:02Z0) ROCE % : -13.76% (As of Oct. 2023)

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What is Express, 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. Express,'s annualized ROCE % for the quarter that ended in Oct. 2023 was -13.76%.

Express, ROCE % Historical Data

The historical data trend for Express,'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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Express, ROCE % Chart

Express, Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

ROCE %

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3.45

-1.22

-38.23

0.14

45.86

Express, Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
ROCE %	Get a 7-Day Free Trial															-18.01	189.58	-32.70	-18.55	-13.76

Express, ROCE % Calculation

Express,'s annualized ROCE % for the fiscal year that ended in Jan. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2023 )		(A: Jan. 2022 )		(A: Jan. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2023 )		(A: Jan. 2022 )		(A: Jan. 2023 )
	=	318.666	/	( ( (1113.357 - 518.601)	+	(1297.646 - 502.596) )	/ 2 )
	=	318.666	/	( (594.756	+	795.05)	/ 2 )
	=	318.666	/	694.903
	=	45.86 %

Express,'s ROCE % of for the quarter that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2023 )		(Q: Jul. 2023 )		(Q: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2023 )		(Q: Jul. 2023 )		(Q: Oct. 2023 )
	=	-108.876	/	( ( (1312.638 - 539.071)	+	(1389.967 - 580.575) )	/ 2 )
	=	-108.876	/	( ( 773.567	+	809.392 )	/ 2 )
	=	-108.876	/	791.4795
	=	-13.76 %

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

Express, (FRA:02Z0) 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.

Express, ROCE % Related Terms

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Express, (FRA:02Z0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Express, Inc. (FRA:02Z0) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

EXPR:USA

Address

1 Express Drive, Columbus, OH, USA, 43230

Website

https://www.express.com

Express, Inc. is a United States-based specialty apparel retailer. It offers apparel and accessories for work, casual, jeanswear, and going-out. The company also sells the products through its e-commerce website and mobile app, as well as through franchisees who operate company locations in Latin America according to the franchise agreements. It derives revenue from the sales of apparel, accessories and other products, of which a majority of the revenue from the sale of apparel.

Express, (FRA:02Z0) Headlines

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