mF International (mF International) ROCE % : 33.51% (As of Dec. 2022)

View and export this data going back to 2024. Start your Free Trial

What is mF International 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. mF International's annualized ROCE % for the quarter that ended in Dec. 2022 was 33.51%.

mF International ROCE % Historical Data

The historical data trend for mF International'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.

mF International ROCE % Chart

mF International Annual Data

Trend

Dec21

Dec22

ROCE %

48.80

33.51

mF International Semi-Annual Data
	Dec21	Dec22
ROCE %	48.80	33.51

mF International ROCE % Calculation

mF International'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 )
	=	0.983	/	( ( (4.275 - 1.316)	+	(4.437 - 1.529) )	/ 2 )
	=	0.983	/	( (2.959	+	2.908)	/ 2 )
	=	0.983	/	2.9335
	=	33.51 %

mF International's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	0.983	/	( ( (4.275 - 1.316)	+	(4.437 - 1.529) )	/ 2 )
	=	0.983	/	( ( 2.959	+	2.908 )	/ 2 )
	=	0.983	/	2.9335
	=	33.51 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2022) EBIT data.

mF International (NAS:MFI) 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.

mF International ROCE % Related Terms

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

mF International (mF International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » mF International Ltd (NAS:MFI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

77-79 Gloucester Road, Unit 1801, Fortis Tower, Wan Chai, Hong Kong, HKG

Website

https://www.m-finance.com

mF International Ltd is a holding company and all of its operations are carried out by Operating Subsidiaries in Hong Kong. It is a financial trading solution provider principally engaged in the development and provision of financial trading solutions. It has approximately 20 years of experience in providing real-time mission-critical forex, bullion/commodities trading platform solutions, financial value-added services, mobile applications, and financial information for brokers and institutional clients via internet or platform as software as a service. The company has provided a wide range of top-notch services, including mF4 Trading Platform, Bridge and Plugins, CRM System, ECN System, Liquidity Solutions, Cross-platform Broker Plus Solution, Social Trading Applications and others.

mF International (mF International) Headlines

From GuruFocus

mF International Limited Announces Pricing of Initial Public Offering

By GlobeNewswire • 04-20-2024