AAXT (Aamaxan Transport Group) ROCE %: 36.33% (As of Jun. 2008)


What is Aamaxan Transport Group ROCE %?

Aamaxan Transport Group AAXT ROCE % is 36.33% as of Jun. 2008.

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. Aamaxan Transport Group's annualized ROCE % for the quarter that ended in Jun. 2008 was 36.33%.

Aamaxan Transport Group  (OTCPK:AAXT) 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.

Aamaxan Transport Group ROCE % Related Terms

Aamaxan Transport Group ROCE % Historical Data

* Premium members only.

The historical data trend for Aamaxan Transport 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.

Aamaxan Transport Group ROCE % Chart

Aamaxan Transport Group Annual Data
Trend Jan06 Jan07
ROCE %
0.00 0.00

Aamaxan Transport Group Quarterly Data
Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Jun08
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -0.67 36.33

Aamaxan Transport Group ROCE % Calculation

Aamaxan Transport Group's annualized ROCE % for the fiscal year that ended in Jan. 2007 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jan. 2007 )  (A: Jan. 2006 )(A: Jan. 2007 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jan. 2007 )  (A: Jan. 2006 )(A: Jan. 2007 )
=-0.03/( ( (0 - 0.012) + (0 - 0.043) )/ 2 )
=-0.03/( (-0.012+-0.043)/ 2 )
=-0.03/-0.0275
=109.09 %

Aamaxan Transport Group's ROCE % of for the quarter that ended in Jun. 2008 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2008 )  (Q: Jan. 2008 )(Q: Jun. 2008 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2008 )  (Q: Jan. 2008 )(Q: Jun. 2008 )
=8.904/( ( (18.904 - 4.588) + (33.828 - 9.319) )/ 2 )
=8.904/( ( 14.316 + 24.509 )/ 2 )
=8.904/19.4125
=45.87 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2008) EBIT data.

* 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 ROCE % →
What does a ROCE % of 36.33% mean?
Aamaxan Transport Group (AAXT) has a ROCE % of 36.33% as of Jun. 2008.
Is Aamaxan Transport Group's ROCE % too high?
Aamaxan Transport Group's current ROCE % is 36.33%.
How does Aamaxan Transport Group's ROCE % compare to SDON and ASKH?
Aamaxan Transport Group's ROCE % of 36.33% can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Diversified Financial Services company?
A good ROCE % depends on the Diversified Financial Services industry context. However, ROCE % 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Aamaxan Transport Group's current ROCE % is 36.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aamaxan Transport Group stock overvalued right now?
Aamaxan Transport Group (AAXT) has a current ROCE % of 36.33%. The current ROCE % is 36.33%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Aamaxan Transport Group (AAXT), the current ROCE % is 36.33% as of Jun. 2008. 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.

Aamaxan Transport Group Business Description

Address 31 Walmer Road, Suite 6, Toronto, ON, CAN, M5R 2W7
Aamaxan Transport Group Inc is a development stage company seeking for potential operating businesses and business opportunities with the intent to acquire or merge with such businesses.