NEX Group (NEX Group) ROCE % : 14.80% (As of Mar. 2018)

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What is NEX 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. NEX Group's annualized ROCE % for the quarter that ended in Mar. 2018 was 14.80%.

NEX Group ROCE % Historical Data

The historical data trend for NEX 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.

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NEX Group ROCE % Chart

NEX Group Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

ROCE %

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9.85

4.85

3.39

8.51

11.93

NEX Group Semi-Annual Data
	Sep08	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18
ROCE %	Get a 7-Day Free Trial															0.47	9.05	7.46	8.56	14.80

NEX Group ROCE % Calculation

NEX Group's annualized ROCE % for the fiscal year that ended in Mar. 2018 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2018 )		(A: Mar. 2017 )		(A: Mar. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2018 )		(A: Mar. 2017 )		(A: Mar. 2018 )
	=	205.307	/	( ( (2379.012 - 380.247)	+	(2402.235 - 958.101) )	/ 2 )
	=	205.307	/	( (1998.765	+	1444.134)	/ 2 )
	=	205.307	/	1721.4495
	=	11.93 %

NEX Group's ROCE % of for the quarter that ended in Mar. 2018 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2018 )		(Q: Sep. 2017 )		(Q: Mar. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2018 )		(Q: Sep. 2017 )		(Q: Mar. 2018 )
	=	240.224	/	( ( (2256 - 454.667)	+	(2402.235 - 958.101) )	/ 2 )
	=	240.224	/	( ( 1801.333	+	1444.134 )	/ 2 )
	=	240.224	/	1622.7335
	=	14.80 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2018) EBIT data.

NEX Group (GREY:NXGRF) 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.

NEX Group ROCE % Related Terms

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NEX Group (NEX Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » NEX Group PLC (GREY:NXGRF) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Website

http://www.nex.com

NEX Group PLC provides electronic execution, risk mitigation, messaging, broking and information services for wholesale market participants. The Company's reportable segments include NEX Markets and NEX Optimisation. The company acts as an intermediary for FX and fixed income products through the Group's electronic platforms. It is also involved in a non-advisory capacity as principals in the matched purchase and sale of financial instruments between clients and provides technology development services.

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