Gym Group (The) (LSE:GYM) ROCE % : 3.47% (As of Dec. 2023)

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What is Gym Group (The) 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. Gym Group (The)'s annualized ROCE % for the quarter that ended in Dec. 2023 was 3.47%.

Gym Group (The) ROCE % Historical Data

The historical data trend for Gym Group (The)'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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Gym Group (The) ROCE % Chart

Gym Group (The) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.64

-6.93

-5.54

-0.67

2.54

Gym Group (The) Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-2.89	0.39	-1.70	1.64	3.47

Gym Group (The) ROCE % Calculation

Gym Group (The)'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 )
	=	13.1	/	( ( (595.6 - 64.7)	+	(571.5 - 72.3) )	/ 2 )
	=	13.1	/	( (530.9	+	499.2)	/ 2 )
	=	13.1	/	515.05
	=	2.54 %

Gym Group (The)'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	17.6	/	( ( (578 - 63.2)	+	(571.5 - 72.3) )	/ 2 )
	=	17.6	/	( ( 514.8	+	499.2 )	/ 2 )
	=	17.6	/	507
	=	3.47 %

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

Gym Group (The) (LSE:GYM) 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.

Gym Group (The) ROCE % Related Terms

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Gym Group (The) (LSE:GYM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Gym Group (The) PLC (LSE:GYM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

GYYMF:USA GYMl:UK 4GY:Germany

Address

12-16 Addiscombe Road, 5th Floor, OneCroydon, Croydon, GBR, CR0 0XT

Website

https://www.tggplc.com

Gym Group (The) PLC provides low-cost, 24/7 health and fitness facilities across the United Kingdom. The company offers flexible no-contract gym memberships, and it also ensures that all its sites have easy-access parking or are close to transportation hubs. The facilities include a wide variety of equipment as well to deliver value-for-the-money for its members. It generates the majority of its revenue from Membership income.

Gym Group (The) (LSE:GYM) Headlines

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