MLMN (Millennium Prime) ROC %: -8,433.01% (As of Jun. 2010)


What is Millennium Prime ROC %?

Millennium Prime MLMN ROC % is -8,433.01% as of Jun. 2010.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Millennium Prime's annualized return on capital (ROC %) for the quarter that ended in Jun. 2010 was -8,433.01%.

As of today (2026-06-26), Millennium Prime's WACC % is 0.00%. Millennium Prime's ROC % is 0.00% (calculated using TTM income statement data). Millennium Prime earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Millennium Prime  (OTCPK:MLMN) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Millennium Prime's WACC % is 0.00%. Millennium Prime's ROC % is 0.00% (calculated using TTM income statement data). Millennium Prime earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Millennium Prime ROC % Related Terms


Millennium Prime ROC % Historical Data

* Premium members only.

The historical data trend for Millennium Prime's ROC % 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.

Millennium Prime ROC % Chart

Millennium Prime Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -138.44 -9.67 -1.87 -0.78 -9.66

Millennium Prime Quarterly Data
Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10
ROC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11.39 -17.94 -97.78 -94.83 -8,433.01

Millennium Prime ROC % Calculation

Millennium Prime's annualized Return on Capital (ROC %) for the fiscal year that ended in Sep. 2009 is calculated as:

ROC % (A: Sep. 2009 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Sep. 2008 ) + Invested Capital (A: Sep. 2009 ))/ count )
=-0.3 * ( 1 - 0% )/( (2.832 + 3.381)/ 2 )
=-0.3/3.1065
=-9.66 %

where

Millennium Prime's annualized Return on Capital (ROC %) for the quarter that ended in Jun. 2010 is calculated as:

ROC % (Q: Jun. 2010 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2010 ) + Invested Capital (Q: Jun. 2010 ))/ count )
=-128.772 * ( 1 - 0% )/( (1.967 + 1.087)/ 2 )
=-128.772/1.527
=-8,433.01 %

where

Note: The Operating Income data used here is four times the quarterly (Jun. 2010) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of -8,433.01% mean?
Millennium Prime (MLMN) has a ROC % of -8,433.01% as of Jun. 2010. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Millennium Prime and its competitors.
Is Millennium Prime's ROC % too high?
Millennium Prime's current ROC % is -8,433.01%.
How does Millennium Prime's ROC % compare to MLFB and BTDG?
Millennium Prime's ROC % of -8,433.01% can be compared against companies in the Beverages - Alcoholic industry. The industry median ROC % is 4.70. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Beverages - Alcoholic company?
The median ROC % among Beverages - Alcoholic companies is 4.70, based on 211 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Millennium Prime and its competitors. For the Beverages - Alcoholic industry, the median ROC % is 4.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millennium Prime's current ROC % is -8,433.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennium Prime stock overvalued right now?
Millennium Prime (MLMN) has a current ROC % of -8,433.01%. The current ROC % is -8,433.01%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Millennium Prime (MLMN), the current ROC % is -8,433.01% as of Jun. 2010. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Millennium Prime Business Description

Address 6538 Collins Avenue, Suite 382, Miami Beach, FL, USA, 33141
Millennium Prime Inc develops superior lifestyle innovations for the millennial generation. The company's focus is on marketing products for the beverage, apparel, and entertainment categories, where it can achieve a clear and authentic market position by targeting consumers who live a lifestyle filled with high style, artistic edge, and a demand for the products. Through its subsidiary, the company functions as an importer and distributor of alcohol products, including Bong Spirit's Super Premium Vodka, which has an exclusive bong-shaped bottle.