SPAR Group (FRA:PMH) ROCE % : 19.12% (As of Dec. 2023)

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What is SPAR 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. SPAR Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 19.12%.

SPAR Group ROCE % Historical Data

The historical data trend for SPAR 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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SPAR Group ROCE % Chart

SPAR Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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34.43

25.16

12.19

15.35

21.83

SPAR Group 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															-5.96	31.21	20.25	16.49	19.12

SPAR Group ROCE % Calculation

SPAR 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 )
	=	8.301	/	( ( (89.301 - 51.5)	+	(82.788 - 44.534) )	/ 2 )
	=	8.301	/	( (37.801	+	38.254)	/ 2 )
	=	8.301	/	38.0275
	=	21.83 %

SPAR Group'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 )
	=	7.4	/	( ( (88.092 - 48.955)	+	(82.788 - 44.534) )	/ 2 )
	=	7.4	/	( ( 39.137	+	38.254 )	/ 2 )
	=	7.4	/	38.6955
	=	19.12 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

SPAR Group (FRA:PMH) 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.

SPAR Group ROCE % Related Terms

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SPAR Group (FRA:PMH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SPAR Group Inc (FRA:PMH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SGRP:USA

Address

1910 Opdyke Court, Auburn Hills, MI, USA, 48326

Website

https://www.sparinc.com

SPAR Group Inc is a supplier of merchandising and other marketing services. It also provides in-store event staffing, product sampling, audit services, furniture and other product assembly services, technology services and marketing research services. The company divides its operations into two reportable segments: Domestic division is comprised of all operations within the United States; and The International division is a consolidation of all other operations and joint ventures. Its customers are from retail and manufacturing segments. Its geographic presence is in Brazil, South Africa, Mexico, China, Japan, India, Canada, Australia, Turkey, and United States from where it generates maximum revenue.

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