MBD (ASX:MBD) ROCE % : -75.46% (As of Jun. 2014)

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What is MBD 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. MBD's annualized ROCE % for the quarter that ended in Jun. 2014 was -75.46%.

MBD ROCE % Historical Data

The historical data trend for MBD'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.

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MBD ROCE % Chart

MBD Annual Data

Trend

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

ROCE %

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14.21

17.29

7.08

-69.29

-75.46

MBD Semi-Annual Data
	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14
ROCE %	Get a 7-Day Free Trial			14.21	17.29	7.08	-69.29	-75.46

MBD ROCE % Calculation

MBD's annualized ROCE % for the fiscal year that ended in Jun. 2014 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2014 )		(A: Jun. 2013 )		(A: Jun. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2014 )		(A: Jun. 2013 )		(A: Jun. 2014 )
	=	-3.371	/	( ( (23.086 - 14.461)	+	(15.521 - 15.212) )	/ 2 )
	=	-3.371	/	( (8.625	+	0.309)	/ 2 )
	=	-3.371	/	4.467
	=	-75.46 %

MBD's ROCE % of for the quarter that ended in Jun. 2014 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2014 )		(Q: Jun. 2013 )		(Q: Jun. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2014 )		(Q: Jun. 2013 )		(Q: Jun. 2014 )
	=	-3.371	/	( ( (23.086 - 14.461)	+	(15.521 - 15.212) )	/ 2 )
	=	-3.371	/	( ( 8.625	+	0.309 )	/ 2 )
	=	-3.371	/	4.467
	=	-75.46 %

(1) Note: The EBIT data used here is one times the annual (Jun. 2014) EBIT data.

MBD (ASX:MBD) 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.

MBD ROCE % Related Terms

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MBD (ASX:MBD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » MBD Corporation Ltd (ASX:MBD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.marbletrend.com.au

MBD Corporation LtdÂ manufactures, imports, and wholesale products to residential and commercial construction sectors in Australia. It operates through Bathroom Products, Concrete & Building Supplies, and Corporate segments. The Company offers bathroom products, including shower bases, shower systems, vanities, free standing and acrylic baths, toilets, vitreous china bowls, and accessories. It also supplies sand, rock, aggregate, cement, concrete, and other building materials to the building trade industry; and manufactures and sells concrete products to the concreting, building, and civil construction markets for use in commercial, residential, and civil construction. MBD Corporation Limited sells its products through retailers.

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