Bidstack Group (Bidstack Group) ROCE % : -137.30% (As of Jun. 2023)

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What is Bidstack 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. Bidstack Group's annualized ROCE % for the quarter that ended in Jun. 2023 was -137.30%.

Bidstack Group ROCE % Historical Data

The historical data trend for Bidstack 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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Bidstack Group ROCE % Chart

Bidstack Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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-264.27

-176.56

-208.34

-151.08

-94.20

Bidstack Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial															-408.34	-220.19	-112.00	-127.11	-137.30

Bidstack Group ROCE % Calculation

Bidstack Group'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 )
	=	-10.672	/	( ( (13.487 - 3.761)	+	(22.909 - 9.976) )	/ 2 )
	=	-10.672	/	( (9.726	+	12.933)	/ 2 )
	=	-10.672	/	11.3295
	=	-94.20 %

Bidstack Group'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 )
	=	-13.5	/	( ( (22.909 - 9.976)	+	(16.443 - 9.711) )	/ 2 )
	=	-13.5	/	( ( 12.933	+	6.732 )	/ 2 )
	=	-13.5	/	9.8325
	=	-137.30 %

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

Bidstack Group (GREY:FTBGF) 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.

Bidstack Group ROCE % Related Terms

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Bidstack Group (Bidstack Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Bidstack Group PLC (GREY:FTBGF) » Definitions » ROCE %

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BIDS:UK HHRN:Germany

Address

14 Hewett Street, WeWork The Hewett, 3rd Floor, London, GBR, EC2A 3NP

Website

https://www.bidstack.com

Bidstack Group PLC is a United Kingdom-based native in-game advertising company. It is engaged in developing software technology to place programmatic advertising campaigns directly into video games via SDK or API. Its technology is used by game publishers and developers, advertising agencies, and programmatic advertising platforms. Its model is to secure exclusive access to the native in-game advertising space within video games from the game developers or publishers and then to sell that advertising space either direct to specific brands or through programmatic advertising platforms. Geographically the company generates the majority of its revenue from Europe, the Middle East, and Africa (EMEA), and also has its presence in the USA.

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