Jack Henry & Associates (FRA:JHY) ROCE % : 21.29% (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Jack Henry & Associates 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. Jack Henry & Associates's annualized ROCE % for the quarter that ended in Dec. 2023 was 21.29%.

Jack Henry & Associates ROCE % Historical Data

The historical data trend for Jack Henry & Associates'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.

Jack Henry & Associates ROCE % Chart

Jack Henry & Associates Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

Get a 7-Day Free Trial

21.44

20.96

20.54

27.09

23.26

Jack Henry & Associates 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															19.63	19.78	22.68	24.54	21.29

Jack Henry & Associates ROCE % Calculation

Jack Henry & Associates's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	451.944	/	( ( (2322.964 - 514.463)	+	(2560.241 - 483.43) )	/ 2 )
	=	451.944	/	( (1808.501	+	2076.811)	/ 2 )
	=	451.944	/	1942.656
	=	23.26 %

Jack Henry & Associates'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 )
	=	455.156	/	( ( (2561.967 - 440.919)	+	(2525.396 - 370.49) )	/ 2 )
	=	455.156	/	( ( 2121.048	+	2154.906 )	/ 2 )
	=	455.156	/	2137.977
	=	21.29 %

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

Jack Henry & Associates (FRA:JHY) 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.

Jack Henry & Associates ROCE % Related Terms

Thank you for viewing the detailed overview of Jack Henry & Associates's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Jack Henry & Associates (FRA:JHY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Jack Henry & Associates Inc (FRA:JHY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

JKHY:USA JHY:Germany J1KH34:Brazil

Address

663 Highway 60, P.O. Box 807, Monett, MO, USA, 65708

Website

https://www.jackhenry.com

Jack Henry is a leading provider of core processing and complementary services, such as electronic funds transfer, payment processing, and loan processing for U.S. banks and credit unions, with a focus on small and midsize banks. Jack Henry serves almost 1,000 banks and over 700 credit unions.

Jack Henry & Associates (FRA:JHY) Headlines

From GuruFocus

Nuveen High Income 2020 Target Term Fund Announces Liquidation Details

By Business Wire Business Wire • 10-02-2020

Nuveen High Income 2020 Target Term Fund Announces Termination and Liquidation

By Business Wire Business Wire • 11-02-2020

Nuveen High Income 2020 Target Term Fund Announces Wind-up Period

By Business Wire Business Wire • 04-15-2020

Nuveen High Income 2020 Target Term Fund Corrects Its Net Asset Value per Common Share

By Business Wire Business Wire • 09-30-2020