Begbies Traynor Group (LSE:BEG) ROCE % : 7.34% (As of Oct. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Begbies Traynor 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. Begbies Traynor Group's annualized ROCE % for the quarter that ended in Oct. 2023 was 7.34%.

Begbies Traynor Group ROCE % Historical Data

The historical data trend for Begbies Traynor 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.

Begbies Traynor Group ROCE % Chart

Begbies Traynor Group Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

ROCE %

Get a 7-Day Free Trial

5.27

4.43

2.80

4.59

6.76

Begbies Traynor Group 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															5.89	3.34	10.18	3.03	7.34

Begbies Traynor Group ROCE % Calculation

Begbies Traynor Group's annualized ROCE % for the fiscal year that ended in Apr. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	7.09	/	( ( (146.292 - 42.151)	+	(151.881 - 46.314) )	/ 2 )
	=	7.09	/	( (104.141	+	105.567)	/ 2 )
	=	7.09	/	104.854
	=	6.76 %

Begbies Traynor Group'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 )
	=	7.712	/	( ( (151.881 - 46.314)	+	(155.889 - 51.373) )	/ 2 )
	=	7.712	/	( ( 105.567	+	104.516 )	/ 2 )
	=	7.712	/	105.0415
	=	7.34 %

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

Begbies Traynor Group (LSE:BEG) 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.

Begbies Traynor Group ROCE % Related Terms

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

Begbies Traynor Group (LSE:BEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Begbies Traynor Group PLC (LSE:BEG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

BEG.GB:UK

Address

340 Deansgate, Manchester, GBR, M3 4LY

Website

https://www.begbies-traynorgroup.com

Begbies Traynor Group PLC is a professional services consultancy. It provides insolvency, restructuring and consultancy services to businesses, professional advisors, and financial institutions. It provides professional services, such as business rescue options, advisory options, forensic accounting and investigations, corporate and commercial finance, personal insolvency solutions and services to banking, legal, and accounting sectors. The company is managed as two operating segments: insolvency and advisory services, and property advisory and transactional services. The group generates the majority of its revenue from insolvency and advisory services. The group's principal operations and markets are in the UK.

Begbies Traynor Group (LSE:BEG) Headlines

No Headlines