GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » StoneX Group Inc (FRA:I4F) » Definitions » ROCE %

StoneX Group (FRA:I4F) ROCE % : 11.12% (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is StoneX 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. StoneX Group's annualized ROCE % for the quarter that ended in Mar. 2024 was 11.12%.


StoneX Group ROCE % Historical Data

The historical data trend for StoneX 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.

* Premium members only.

StoneX Group ROCE % Chart

StoneX Group 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 5.84 4.86 2.97 5.49 12.03

StoneX 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 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 10.59 12.48 12.97 12.22 11.12

StoneX Group ROCE % Calculation

StoneX Group'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 )
=1108.19/( ( (20058.196 - 11567.227) + (20556.562 - 10616.772) )/ 2 )
=1108.19/( (8490.969+9939.79)/ 2 )
=1108.19/9215.3795
=12.03 %

StoneX 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 )
=1279.536/( ( (21315.482 - 10541.924) + (23598.92 - 11351.972) )/ 2 )
=1279.536/( ( 10773.558 + 12246.948 )/ 2 )
=1279.536/11510.253
=11.12 %

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


StoneX Group  (FRA:I4F) 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.


StoneX Group ROCE % Related Terms

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


StoneX Group (FRA:I4F) Business Description

Traded in Other Exchanges
Address
230 Park Avenue, 10th Floor, New York, NY, USA, 10169
StoneX Group Inc is a Global brokerage and financial services firm. Its service offerings are execution, OTC / Market-Making, advisory services, Global payment solutions, market intelligence, Physical Trading and clearing services. The firm operates in four segments: commercial, Institutional, Retail, and Global Payments. Its customers include governmental and nongovernmental organizations, and commercial banks, brokers, institutional investors, and investment banks. The company operates in United States, South America, Europe, Middle East and Asia and other countries, out of which majority revenue is generates from Middle East and Asia Region.

StoneX Group (FRA:I4F) Headlines

No Headlines