Carma (ASX:CMA) ROCE %: -46.51% (As of Dec. 2025)

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ASX:CMA Carma Ltd ASX:CMA
9 GF Score
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What is Carma ROCE %?

Carma ASX:CMA -12.17% 9 ROCE % is -46.51% as of Dec. 2025. GuruFocus rates ASX:CMA with a GF Score™ of 9/100. The stock has 1 warning sign investors should review.

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. Carma's annualized ROCE % for the quarter that ended in Dec. 2025 was -46.51%.

Carma  (ASX:CMA) 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.

Carma ROCE % Related Terms

Carma ROCE % Historical Data

* Premium members only.

The historical data trend for Carma'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.

Carma ROCE % Chart

Carma Annual Data
Trend Jun23 Jun24 Jun25
ROCE %
0.00 0.00 -33.37

Carma Semi-Annual Data
Jun23 Jun24 Jun25 Dec25
ROCE % 0.00 0.00 0.00 -46.51
ASX:CMA
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Carma Ltd ASX:CMA
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Carma ROCE % Calculation

Carma's annualized ROCE % for the fiscal year that ended in Jun. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=-31.8/( ( (0 - 0) + (104.8 - 9.5) )/ 1 )
=-31.8/( (0+95.3)/ 1 )
=-31.8/95.3
=-33.37 %

Carma's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=-40.61/( ( (104.8 - 9.5) + (97.804 - 18.491) )/ 2 )
=-40.61/( ( 95.3 + 79.313 )/ 2 )
=-40.61/87.3065
=-46.51 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) 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 -46.51% mean?
Carma (ASX:CMA) has a ROCE % of -46.51% as of Dec. 2025.
Is Carma's ROCE % too high?
Carma's current ROCE % is -46.51%. Overall, Carma has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Carma's ROCE % compare to CVNA and PAG?
Carma's ROCE % of -46.51% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.93. 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 Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.93, based on 1,316 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 Vehicles & Parts industry, the median ROCE % is 7.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carma's current ROCE % is -46.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carma stock overvalued right now?
Carma (ASX:CMA) has a current ROCE % of -46.51%. The current ROCE % is -46.51%. Carma's overall GF Score™ is 9/100 with 1 warning sign to review. 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 Carma (ASX:CMA), the current ROCE % is -46.51% as of Dec. 2025. 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.

Carma Business Description

Address 219-241 Cleveland Street, Suite 5.03, Strawberry Hills, Sydney, NSW, AUS, 2012
Carma Ltd is an online retailer of quality used cars in Australia. It offers an online platform that makes it easy to view a huge range of quality cars, compare them like-for-like, and pick and reserve a car online. The company offer fair pricing with no haggling, finance arrangements or cash payments, free delivery within Greater Sydney, and a 7-day trial period allowing customers to test the car in everyday life with the option to return it for a full refund if not satisfied.
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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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