The Naga Group AG (FRA:N4G) ROCE % : -1.90% (As of Jun. 2023)

View and export this data going back to 2017. Start your Free Trial

What is The Naga Group 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. The Naga Group AG's annualized ROCE % for the quarter that ended in Jun. 2023 was -1.90%.

The Naga Group AG ROCE % Historical Data

The historical data trend for The Naga Group 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.

* Premium members only.

The Naga Group AG ROCE % Chart

The Naga Group AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

Get a 7-Day Free Trial

-6.52

-10.64

0.87

-6.89

-25.42

The Naga Group AG Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial										-3.42	-10.93	-24.23	-26.87	-1.90

The Naga Group AG ROCE % Calculation

The Naga Group AG's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-36.778	/	( ( (177.369 - 14.085)	+	(146.903 - 20.826) )	/ 2 )
	=	-36.778	/	( (163.284	+	126.077)	/ 2 )
	=	-36.778	/	144.6805
	=	-25.42 %

The Naga Group AG's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	-2.382	/	( ( (146.903 - 20.826)	+	(151.159 - 26.76) )	/ 2 )
	=	-2.382	/	( ( 126.077	+	124.399 )	/ 2 )
	=	-2.382	/	125.238
	=	-1.90 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

The Naga Group AG (FRA:N4G) 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.

The Naga Group AG ROCE % Related Terms

Thank you for viewing the detailed overview of The Naga Group AG's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

The Naga Group AG (FRA:N4G) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » The Naga Group AG (FRA:N4G) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N4G:Germany

Address

Hohe Bleichen 12, Hamburg, DEU, 20354

Website

https://www.naga.com

The Naga Group AG develops and markets disruptive applications in financial technology. Its products include NAGA Trader, NAGA Brokers, NAGA Virtual, NAGA Wallet, and NAGA Markets to trade with an EU licensed brokerage company. Its core business is an online brokerage and generates revenue from the same.

The Naga Group AG (FRA:N4G) Headlines

No Headlines