4Mobility (WAR:4MB) ROCE % : -30.28% (As of Sep. 2023)

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What is 4Mobility 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. 4Mobility's annualized ROCE % for the quarter that ended in Sep. 2023 was -30.28%.

4Mobility ROCE % Historical Data

The historical data trend for 4Mobility'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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4Mobility ROCE % Chart

4Mobility Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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-136.04

-58.11

-61.01

-78.24

-55.17

4Mobility Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															-46.50	-35.50	-34.43	-21.66	-30.28

4Mobility ROCE % Calculation

4Mobility's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-1.454	/	( ( (4.062 - 1.336)	+	(4.359 - 1.814) )	/ 2 )
	=	-1.454	/	( (2.726	+	2.545)	/ 2 )
	=	-1.454	/	2.6355
	=	-55.17 %

4Mobility's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-0.644	/	( ( (4.543 - 2.335)	+	(4.219 - 2.174) )	/ 2 )
	=	-0.644	/	( ( 2.208	+	2.045 )	/ 2 )
	=	-0.644	/	2.1265
	=	-30.28 %

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

4Mobility (WAR:4MB) 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.

4Mobility ROCE % Related Terms

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4Mobility (WAR:4MB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » 4Mobility SA (WAR:4MB) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

Ulica Smolna 4, Warsaw, POL, 00-375

Website

http://www.4mobility.pl

4Mobility SA is engaged in providing car rental and leasing services. The company owns and operates a 4mobility app that helps to rent and share the car.

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