Argo Blockchain

Argo Blockchain ROCE

Delisted

The Return on Capital Employed (ROCE) of Argo Blockchain (ARB.L) as of Oct 21, 2026 is 43.86 %. In the previous year, Return on Capital Employed (ROCE) was -10,413.92 % — a change of -100.42% (higher).

ROCE

43.86 %

YoY

-100.42%

Last updated:

In 2024, Argo Blockchain's return on capital employed (ROCE) was 43.86 %, a -100.42% increase from the -10,413.92 % ROCE in the previous year.

The Argo Blockchain ROCE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROCE
Date
ROCE
Jan 1, 2018
-15.38 USD
Jan 1, 2019
-1.66 USD
Jan 1, 2020
7.73 USD
Jan 1, 2021
21.00 USD
Jan 1, 2022
-670.31 USD
Jan 1, 2023
-10,413.92 USD
Jan 1, 2024
43.86 USD
The Argo Blockchain ROCE history
YEARROCEYoY
43.86 %-100.42%
-10,413.92 %+1,453.59%
-670.31 %-3,291.68%
21.00 %+171.74%
7.73 %-565.43%
-1.66 %-89.21%
-15.38 %—

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Argo Blockchain Stock analysis

What does Argo Blockchain do? Argo Blockchain PLC is a UK-based company that was founded in 2017. The company focuses on the development of mining technologies, particularly for the Bitcoin blockchain. It is listed on the London Stock Exchange and has quickly gained a reputation in the cryptocurrency sector. Argo Blockchain offers mining services directly to end consumers, helping process transactions and solve complex mathematical problems necessary for mining new Bitcoins. The company's business model is to support the Bitcoin blockchain and generate profits. They utilize modern and energy-efficient mining devices, renting out the mining power directly to customers who can benefit from the Bitcoin mining profits without having to purchase and operate the necessary hardware. In addition to crypto mining, Argo Blockchain also offers other technologies and projects, such as optimizing and digitizing the employee reward system through blockchain technology. The company is divided into several divisions, with cloud mining being an important one, where customers can rent Argo Blockchain's mining services. They pay a fee to utilize cryptographic algorithms on the platform and generate digital currencies. Argo Blockchain also has its own blockchain wallet for secure exchange of various types of digital currencies. They provide a comprehensive package for miners planning to upgrade their hardware or recover data after a crash. The company offers consulting services to assist customers in planning and setting up their mining facilities. In 2021, Argo Blockchain announced its entry into the green energy market, aiming to use renewable energy to operate its mining portfolio and take a leading position in the crypto mining industry. The goal is to minimize the environmental impact of blockchain technology, which has been a subject of criticism due to its energy consumption. Overall, Argo Blockchain is a significant player in the development and operation of crypto mining technologies, with a strong growth trajectory and a focus on strengthening its position in the green energy market. Providing mining services to customers remains the company's main business focus. Argo Blockchain is one of the most popular companies on Eulerpool.

ROCE Details

Unraveling Argo Blockchain's Return on Capital Employed (ROCE)

Argo Blockchain's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Argo Blockchain's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Argo Blockchain's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Argo Blockchain’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Argo Blockchain stock

Return on Capital Employed (ROCE) of Argo Blockchain is 43.86 % in 2024.

Return on Capital Employed (ROCE) of Argo Blockchain changed from -10,413.92 % to 43.86 %, representing a -100.42% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Capital Employed (ROCE) Argo Blockchain since 2006 – with annual values, charts, and detailed analysis.

ROCE is a profitability measure and stands for Return on Capital Employed or the return on invested capital. The measure shows the ratio of operating profit to the interest-bearing capital employed. The higher the return on capital employed, the more profitable a company operates and the higher the important free cash flow. The free cash flow refers to the portion of profits that is not needed for expanding the company at the end of a period, but is available to shareholders.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Capital Employed (ROCE)'s Argo Blockchain with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Capital Employed (ROCE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Capital Employed (ROCE).

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Profitability — Argo Blockchain

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