ABVEF (Above Food Ingredients) ROCE %: 0.00% (As of Jul. 2024)

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ABVEF Above Food Ingredients Inc ABVEF
16 GF Score
Price $0.09
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What is Above Food Ingredients ROCE %?

Above Food Ingredients ABVEF -0.06% 16 ROCE % is 0.00% as of Jul. 2024. GuruFocus rates ABVEF with a GF Score™ of 16/100.

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. Above Food Ingredients's annualized ROCE % for the quarter that ended in Jul. 2024 was 0.00%.

Above Food Ingredients  (OTCPK:ABVEF) 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.

Above Food Ingredients ROCE % Related Terms

Above Food Ingredients ROCE % Historical Data

* Premium members only.

The historical data trend for Above Food Ingredients'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.

Above Food Ingredients ROCE % Chart

Above Food Ingredients Annual Data
Trend Jan22 Jan23 Jan24
ROCE %
-5.34 -68.41 -281.14

Above Food Ingredients Semi-Annual Data
Jan22 Jan23 Jul23 Jan24 Jul24
ROCE % 0.00 0.00 -93.53 0.00 0.00
ABVEF
16GF Score
Above Food Ingredients Inc ABVEF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Above Food Ingredients ROCE % Calculation

Above Food Ingredients's annualized ROCE % for the fiscal year that ended in Jan. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=-31.181/( ( (134.771 - 105.167) + (107.195 - 114.617) )/ 2 )
=-31.181/( (29.604+-7.422)/ 2 )
=-31.181/11.091
=-281.14 %

Above Food Ingredients's ROCE % of for the quarter that ended in Jul. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jul. 2024 )  (Q: Jan. 2024 )(Q: Jul. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jul. 2024 )  (Q: Jan. 2024 )(Q: Jul. 2024 )
=-47.192/( ( (107.195 - 114.617) + (81.926 - 121.313) )/ 2 )
=-47.192/( ( -7.422 + -39.387 )/ 2 )
=-47.192/-23.4045
=0 %

(1) Note: The EBIT data used here is two times the semi-annual (Jul. 2024) 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 0.00% mean?
Above Food Ingredients (ABVEF) has a ROCE % of 0.00% as of Jul. 2024.
Is Above Food Ingredients' ROCE % too high?
Above Food Ingredients' current ROCE % is 0.00%. Overall, Above Food Ingredients has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Above Food Ingredients' ROCE % compare to CTGL and NATR?
Above Food Ingredients' ROCE % of 0.00% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROCE % is 8.81. 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 Consumer Packaged Goods company?
The median ROCE % among Consumer Packaged Goods companies is 8.81, based on 1,944 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. 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. For the Consumer Packaged Goods industry, the median ROCE % is 8.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Above Food Ingredients's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Above Food Ingredients stock overvalued right now?
Above Food Ingredients (ABVEF) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Above Food Ingredients' overall GF Score™ is 16/100. 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 Above Food Ingredients (ABVEF), the current ROCE % is 0.00% as of Jul. 2024. 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.

Above Food Ingredients Business Description

Address 2305 Victoria Avenue, Saskatchewan, Regina, SK, CAN, S4P0S7
Above Food Ingredients Inc is a differentiated, regenerative ingredient company. Its products are made with real nutritious, flavorful ingredients and delivered with transparency. Its vision is to create a healthier world one seed, one field, and one bite at a time. With a robust chain of custody of plant proteins, enabled by scaled operations and infrastructure in primary agriculture and processing, and proprietary seed development capabilities that leverage the power of artificial intelligence driven genomics. The company delivers nutritious foods to businesses and consumers with traceability and sustainability. Above Food's consumer products and brands are available in grocers across Canada and the United States.
16GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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