Microequities Asset Management Group (ASX:MAM) ROCE % : 58.19% (As of Dec. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Microequities Asset Management Group ROCE %?

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. Microequities Asset Management Group's annualized ROCE % for the quarter that ended in Dec. 2024 was 58.19%.

Microequities Asset Management Group ROCE % Historical Data

The historical data trend for Microequities Asset Management 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.

* Premium members only.

Microequities Asset Management Group ROCE % Chart

Microequities Asset Management Group Annual Data

Trend

Dec17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

Get a 7-Day Free Trial

52.85

126.90

89.48

39.53

36.20

Microequities Asset Management Group Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial									44.34	33.80	41.81	34.15	58.19

Microequities Asset Management Group ROCE % Calculation

Microequities Asset Management Group's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	8.537	/	( ( (21.721 - 1.062)	+	(28.444 - 1.937) )	/ 2 )
	=	8.537	/	( (20.659	+	26.507)	/ 2 )
	=	8.537	/	23.583
	=	36.20 %

Microequities Asset Management Group's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	15.966	/	( ( (28.444 - 1.937)	+	(30.49 - 2.126) )	/ 2 )
	=	15.966	/	( ( 26.507	+	28.364 )	/ 2 )
	=	15.966	/	27.4355
	=	58.19 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2024) EBIT data.

Microequities Asset Management Group (ASX:MAM) 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.

Microequities Asset Management Group ROCE % Related Terms

Thank you for viewing the detailed overview of Microequities Asset Management Group's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Microequities Asset Management Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Microequities Asset Management Group Ltd (ASX:MAM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Farrer Place, Suite 3105, Level 31, Governor Macquarie Tower, Sydney, NSW, AUS, 2000

Website

https://www.microequities.com.au

Microequities Asset Management Group Ltd is an asset management firm. It is a boutique value driven Fund manager specialised in exchange listed industrial microcap and small cap companies.

Microequities Asset Management Group Headlines

No Headlines