DHI Group (FRA:32D) ROCE % : 4.33% (As of Mar. 2024)

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What is DHI 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. DHI Group's annualized ROCE % for the quarter that ended in Mar. 2024 was 4.33%.

DHI Group ROCE % Historical Data

The historical data trend for DHI 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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DHI Group ROCE % Chart

DHI Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.37

-17.23

-0.23

3.44

4.53

DHI Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															1.88	0.19	7.01	9.10	4.33

DHI Group ROCE % Calculation

DHI Group's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	6.514	/	( ( (214.009 - 69.93)	+	(206.51 - 63.16) )	/ 2 )
	=	6.514	/	( (144.079	+	143.35)	/ 2 )
	=	6.514	/	143.7145
	=	4.53 %

DHI Group's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	6.268	/	( ( (206.51 - 63.16)	+	(213.351 - 67.022) )	/ 2 )
	=	6.268	/	( ( 143.35	+	146.329 )	/ 2 )
	=	6.268	/	144.8395
	=	4.33 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

DHI Group (FRA:32D) 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.

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DHI Group (FRA:32D) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DHI Group Inc (FRA:32D) » Definitions » ROCE %

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Traded in Other Exchanges

DHX:USA

Address

6465 South Greenwood Plaza, Suite 400, Centennial, CO, USA, 80111

Website

https://www.dhigroupinc.com

DHI Group Inc is a provider of artificial intelligence-powered software products, online tools and services to deliver career marketplaces to candidates and employers globally. DHI's brands — Dice and ClearanceJobs enable recruiters and hiring managers to efficiently search, match and connect with skilled technologists in specialized fields, particularly technology and those with active government security clearances. The company derive the majority of revenue from customers who pay fees, either annually, quarterly or monthly, to post jobs on websites and to access searchable databases of resumes, majority revenue being from Dice.

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