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System1 Group (LSE:SYS1) ROCE % : 19.91% (As of Sep. 2023)


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What is System1 Group 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. System1 Group's annualized ROCE % for the quarter that ended in Sep. 2023 was 19.91%.


System1 Group ROCE % Historical Data

The historical data trend for System1 Group'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.

System1 Group ROCE % Chart

System1 Group Annual Data
Trend Dec13 Dec14 Dec15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.06 3.84 19.62 10.36 8.80

System1 Group Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 22.26 -3.99 1.56 16.19 19.91

System1 Group ROCE % Calculation

System1 Group's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=0.855/( ( (18.592 - 8.48) + (14.981 - 5.659) )/ 2 )
=0.855/( (10.112+9.322)/ 2 )
=0.855/9.717
=8.80 %

System1 Group's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=1.89/( ( (14.981 - 5.659) + (15.605 - 5.945) )/ 2 )
=1.89/( ( 9.322 + 9.66 )/ 2 )
=1.89/9.491
=19.91 %

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


System1 Group  (LSE:SYS1) 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.


System1 Group ROCE % Related Terms

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System1 Group (LSE:SYS1) Business Description

Traded in Other Exchanges
Address
4 More London Riverside, London, GBR, SE1 2AU
System1 Group PLC is engaged in providing marketing and market research consultancy services. The company's geographical segments include the Americas, United Kingdom, Continental Europe, and APAC. It generates maximum revenue from the Americas. The Group defines its Consultancy business as a Research and Advertising Agency.

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