Forte Energy NL (ASX:FTE) ROCE %: 0.00% (As of Dec. 2016)


What is Forte Energy NL ROCE %?

Forte Energy NL ASX:FTE ROCE % is 0.00% as of Dec. 2016. The stock has 6 warning signs 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. Forte Energy NL's annualized ROCE % for the quarter that ended in Dec. 2016 was 0.00%.

Forte Energy NL  (ASX:FTE) 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.

Forte Energy NL ROCE % Related Terms

Forte Energy NL ROCE % Historical Data

* Premium members only.

The historical data trend for Forte Energy NL'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.

Forte Energy NL ROCE % Chart

Forte Energy NL Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.05 -10.90 -13.23 -229.10 0.00

Forte Energy NL Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -15.42 -405.93 0.00 0.00 0.00

Forte Energy NL ROCE % Calculation

Forte Energy NL's annualized ROCE % for the fiscal year that ended in Jun. 2016 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2016 )  (A: Jun. 2015 )(A: Jun. 2016 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2016 )  (A: Jun. 2015 )(A: Jun. 2016 )
=-1.88/( ( (1.093 - 1.358) + (0.047 - 1.285) )/ 2 )
=-1.88/( (-0.265+-1.238)/ 2 )
=-1.88/-0.7515
=250.17 %

Forte Energy NL's ROCE % of for the quarter that ended in Dec. 2016 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2016 )  (Q: Jun. 2016 )(Q: Dec. 2016 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2016 )  (Q: Jun. 2016 )(Q: Dec. 2016 )
=-8.572/( ( (0.047 - 1.285) + (0.58 - 0.268) )/ 2 )
=-8.572/( ( -1.238 + 0.312 )/ 2 )
=-8.572/-0.463
=0 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2016) 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?
Forte Energy NL (ASX:FTE) has a ROCE % of 0.00% as of Dec. 2016.
Is Forte Energy NL's ROCE % too high?
Forte Energy NL's current ROCE % is 0.00%.
How does Forte Energy NL's ROCE % compare to ZIMCF and MCCX?
Forte Energy NL's ROCE % of 0.00% can be compared against companies in the Software industry. The industry median ROCE % is 5.27. 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 Software company?
The median ROCE % among Software companies is 5.27, based on 2,711 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 Software industry, the median ROCE % is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forte Energy NL'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 Forte Energy NL stock overvalued right now?
Forte Energy NL (ASX:FTE) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. 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 Forte Energy NL (ASX:FTE), the current ROCE % is 0.00% as of Dec. 2016. 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.

Forte Energy NL Business Description

BOS Global Holdings Ltd is an Australian software company which focuses on creating enterprise productivity solutions for the global workforce market. Its products include BOS360 Work Patterns, BOSMeet, BOSTime, and BOSAutomate. The BOS360 Work Patterns captures a digital footprint of worker's activity and presents it in a visual and powerful format that offers awareness driving efficiency and productive behavior; the BOSMeet is meeting management software; the BOSTime is automatic time an activity tracker; and the BOSAutomate is a complete document and records management suite which offers document management and electronic records management. The company serves its customer in Australia, Asia, UK, Europe and North America.