Snap One Holdings (STU:8W1) ROCE % : 0.66% (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Snap One Holdings 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. Snap One Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.66%.

Snap One Holdings ROCE % Historical Data

The historical data trend for Snap One Holdings'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.

Snap One Holdings ROCE % Chart

Snap One Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-1.20

0.70

-1.14

1.69

1.46

Snap One Holdings Quarterly Data
	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													-0.96	2.69	3.78	0.45	0.66

Snap One Holdings ROCE % Calculation

Snap One Holdings'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 )
	=	19.887	/	( ( (1559.98 - 158.475)	+	(1469.885 - 152.579) )	/ 2 )
	=	19.887	/	( (1401.505	+	1317.306)	/ 2 )
	=	19.887	/	1359.4055
	=	1.46 %

Snap One Holdings'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 )
	=	8.572	/	( ( (1469.885 - 152.579)	+	(1425.83 - 134.369) )	/ 2 )
	=	8.572	/	( ( 1317.306	+	1291.461 )	/ 2 )
	=	8.572	/	1304.3835
	=	0.66 %

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

Snap One Holdings (STU:8W1) 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.

Snap One Holdings ROCE % Related Terms

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

Snap One Holdings (STU:8W1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Snap One Holdings Corp (STU:8W1) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SNPO:USA

Address

1800 Continental Boulevard, Suite 200, Charlotte, NC, USA, 28273

Website

https://www.snapone.com

Snap One Holdings Corp provides products, services, and software to its network of professional integrators that enable them to deliver smart living experiences for their residential and business end users. The Company's hardware and software portfolio includes proprietary and third-party offerings across connected, infrastructure, and entertainment categories. Additionally, the Company provides value-added services and workflow solutions to support integrators throughout the project lifecycle, enhancing their operations.

Snap One Holdings (STU:8W1) Headlines

No Headlines