GURUFOCUS.COM » STOCK LIST » Technology » Software » Fair Isaac Corp (FRA:FRI) » Definitions » ROCE %

Fair Isaac (FRA:FRI) ROCE % : 51.71% (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Fair Isaac 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. Fair Isaac's annualized ROCE % for the quarter that ended in Dec. 2023 was 51.71%.

Fair Isaac ROCE % Historical Data

The historical data trend for Fair Isaac'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.

Fair Isaac ROCE % Chart

Fair Isaac Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.22 27.20 46.68 55.15 53.99

Fair Isaac Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 49.11 57.51 62.49 55.35 51.71

Fair Isaac ROCE % Calculation

Fair Isaac's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=608.272/( ( (1456.454 - 334.774) + (1476.038 - 344.524) )/ 2 )
=608.272/( (1121.68+1131.514)/ 2 )
=608.272/1126.597
=53.99 %

Fair Isaac'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: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=567.632/( ( (1476.038 - 344.524) + (1461.256 - 397.161) )/ 2 )
=567.632/( ( 1131.514 + 1064.095 )/ 2 )
=567.632/1097.8045
=51.71 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 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.

Fair Isaac  (FRA:FRI) 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.

Fair Isaac ROCE % Related Terms

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

Fair Isaac (FRA:FRI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Fair Isaac Corp (FRA:FRI) » Definitions » ROCE %
Comparable Companies
ANSS APP HUBS MSTR PTC TYL ZM BSY SSNC DT CRM XTER:SAP INTU NOW UBER SHOP CDNS WDAY ROP TSX:CSU
Traded in Other Exchanges
FICO:USA FICO1:Mexico
Address
5 West Mendenhall, Suite 105, Bozeman, MT, USA, 59715
Website
https://www.fico.com
Founded in 1956, Fair Isaac Corporation is a leading applied analytics company. Fair Isaac is primarily known for its FICO credit scores, which is a widely used industry benchmark to determine the creditworthiness of an individual consumer. The firm's credit scores business accounts for most of the firm's profits and consists of business-to-business and business-to-consumer offerings. In addition to scores, Fair Isaac also sells software primarily to financial institutions for areas such as analytics, decision-making, customer workflows, and fraud.