AMMX (AmeraMex International) ROCE %: 12.64% (As of Mar. 2023)


AMMX AmeraMex International Inc AMMX
12 GF Score
Price $0.17
View Full Analysis

What is AmeraMex International ROCE %?

AmeraMex International AMMX 12 ROCE % is 12.64% as of Mar. 2023. GuruFocus rates AMMX with a GF Score™ of 12/100.

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. AmeraMex International's annualized ROCE % for the quarter that ended in Mar. 2023 was 12.64%.

AmeraMex International  (OTCPK:AMMX) 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.

AmeraMex International ROCE % Related Terms

AmeraMex International ROCE % Historical Data

* Premium members only.

The historical data trend for AmeraMex International'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.

AmeraMex International ROCE % Chart

AmeraMex International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROCE %
Get a 7-Day Free Trial 39.45 6.63 1.04 66.61 27.55

AmeraMex International Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
ROCE % 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 35.78 18.25 80.95 -28.50 12.64
AMMX
12GF Score
AmeraMex International Inc AMMX
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AmeraMex International ROCE % Calculation

AmeraMex International'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 )
=1.916/( ( (10.786 - 5.228) + (13.085 - 4.735) )/ 2 )
=1.916/( (5.558+8.35)/ 2 )
=1.916/6.954
=27.55 %

AmeraMex International's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=1.064/( ( (13.085 - 4.735) + (13.076 - 4.595) )/ 2 )
=1.064/( ( 8.35 + 8.481 )/ 2 )
=1.064/8.4155
=12.64 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2023) 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 12.64% mean?
AmeraMex International (AMMX) has a ROCE % of 12.64% as of Mar. 2023.
Is AmeraMex International's ROCE % too high?
AmeraMex International's current ROCE % is 12.64%. The Farm & Heavy Construction Machinery industry median ROCE % is 9.18. AmeraMex International's value of 12.64% is 37.7% above this industry median. Overall, AmeraMex International has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does AmeraMex International's ROCE % compare to PTRAQ and CEAD?
AmeraMex International's ROCE % of 12.64% can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median ROCE % is 9.18. AmeraMex International's value of 12.64% is 37.7% above this benchmark. 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 Farm & Heavy Construction Machinery company?
The median ROCE % among Farm & Heavy Construction Machinery companies is 9.18, based on 205 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. AmeraMex International's current ROCE % of 12.64% is 37.7% above the industry median. 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 Farm & Heavy Construction Machinery industry, the median ROCE % is 9.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AmeraMex International's current ROCE % is 12.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AmeraMex International stock overvalued right now?
AmeraMex International (AMMX) has a current ROCE % of 12.64%. The current ROCE % is 12.64% and 37.7% above the Farm & Heavy Construction Machinery industry median of 9.18. AmeraMex International's overall GF Score™ is 12/100. 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 AmeraMex International (AMMX), the current ROCE % is 12.64% as of Mar. 2023. 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.

AmeraMex International Business Description

Address 3930 Esplanade, Chico, CA, USA, 95973
AmeraMex International Inc is a dealer of new and refurbished heavy equipment. It sells, leases, and rents heavy equipment to companies within multiple industries, including construction, shipping, logistics, mining, commercial farming, logging, forestry conservation, and lumber. The company's key product line is specialized container handling equipment for the loading and unloading of container ships and dry dock areas.
12GF Score

Get the complete analysis for AMMX

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

$0.17
Price