AFC Energy (FRA:QC8) ROCE % : -61.78% (As of Oct. 2023)

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What is AFC Energy 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. AFC Energy's annualized ROCE % for the quarter that ended in Oct. 2023 was -61.78%.

AFC Energy ROCE % Historical Data

The historical data trend for AFC Energy'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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AFC Energy ROCE % Chart

AFC Energy Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

ROCE %

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-90.22

-25.79

-22.52

-35.54

-49.56

AFC Energy Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
ROCE %	Get a 7-Day Free Trial															-21.76	-30.07	-42.78	-35.28	-61.78

AFC Energy ROCE % Calculation

AFC Energy's annualized ROCE % for the fiscal year that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2023 )		(A: Oct. 2022 )		(A: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2023 )		(A: Oct. 2022 )		(A: Oct. 2023 )
	=	-22.483	/	( ( (58.321 - 4.536)	+	(41.799 - 4.85) )	/ 2 )
	=	-22.483	/	( (53.785	+	36.949)	/ 2 )
	=	-22.483	/	45.367
	=	-49.56 %

AFC Energy's ROCE % of for the quarter that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2023 )		(Q: Apr. 2023 )		(Q: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2023 )		(Q: Apr. 2023 )		(Q: Oct. 2023 )
	=	-26.552	/	( ( (53.048 - 4.046)	+	(41.799 - 4.85) )	/ 2 )
	=	-26.552	/	( ( 49.002	+	36.949 )	/ 2 )
	=	-26.552	/	42.9755
	=	-61.78 %

(1) Note: The EBIT data used here is two times the semi-annual (Oct. 2023) EBIT data.

AFC Energy (FRA:QC8) 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.

AFC Energy ROCE % Related Terms

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AFC Energy (FRA:QC8) Business Description

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AFGYF:USA AFC:UK

Address

Unit 71.4 Dunsfold Park, Stovolds Hill, Cranleigh, Surrey, GBR, GU6 8TB

Website

https://www.afcenergy.com

AFC Energy PLC is a provider of hydrogen fuel cell power systems to generate clean energy in support of the energy transition. the Company's scalable systems provide off-grid, zero-emission power that is already being deployed for rapid electric vehicle charging and the replacement of diesel generators for temporary power applications. it is also working with its partners in the deployment of products for the Maritime, Ports, Data Centers, and Rail industries, emphasizing the central role of its technology in the decarbonization of industry.

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