3P Learning (ASX:3PL) ROCE % : -20.36% (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is 3P Learning 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. 3P Learning's annualized ROCE % for the quarter that ended in Dec. 2023 was -20.36%.

3P Learning ROCE % Historical Data

The historical data trend for 3P Learning'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.

3P Learning ROCE % Chart

3P Learning Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

Get a 7-Day Free Trial

35.46

9.77

-9.99

-0.55

2.00

3P Learning Semi-Annual Data
	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														-6.15	5.07	0.55	3.44	-20.36

3P Learning ROCE % Calculation

3P Learning'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 )
	=	4.031	/	( ( (257.737 - 59.518)	+	(262.735 - 57.757) )	/ 2 )
	=	4.031	/	( (198.219	+	204.978)	/ 2 )
	=	4.031	/	201.5985
	=	2.00 %

3P Learning'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 )
	=	-40.47	/	( ( (262.735 - 57.757)	+	(268.779 - 76.164) )	/ 2 )
	=	-40.47	/	( ( 204.978	+	192.615 )	/ 2 )
	=	-40.47	/	198.7965
	=	-20.36 %

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

3P Learning (ASX:3PL) 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.

3P Learning ROCE % Related Terms

Thank you for viewing the detailed overview of 3P Learning's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

3P Learning (ASX:3PL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » 3P Learning Ltd (ASX:3PL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

655 Parramatta Road, Leichhardt, Sydney, NSW, AUS, 2040

Website

https://www.3plearning.com

3P Learning Ltd engages in the development, sale, and marketing of online educational programs. It provides learning resources to schools and parents of school-aged students. It provides online education with e-learning programs covering mathematics, spelling, literacy, reading, and phonics. The firm is organized into geographic operating segments: Asia-Pacific (APAC), United States of America, Canada and South America (Americas) and Europe, and Middle-East and Africa. The company offers its products under the Mathseeds, Mathletics, Reading Eggs, Spellodrome, and WordFlyers brand names. The majority of its revenue gets derived from the APAC segment.

3P Learning (ASX:3PL) Headlines

No Headlines