ATAR (Avatar Ventures) ROCE %: -6.63% (As of Apr. 2012)


What is Avatar Ventures ROCE %?

Avatar Ventures ATAR -99.00% ROCE % is -6.63% as of Apr. 2012.

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. Avatar Ventures's annualized ROCE % for the quarter that ended in Apr. 2012 was -6.63%.

Avatar Ventures  (OTCPK:ATAR) 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.

Avatar Ventures ROCE % Related Terms

Avatar Ventures ROCE % Historical Data

* Premium members only.

The historical data trend for Avatar Ventures'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.

Avatar Ventures ROCE % Chart

Avatar Ventures Annual Data
Trend Jul08 Jul09 Jul10 Jul11
ROCE %
0.00 0.00 0.00 -188.94

Avatar Ventures Quarterly Data
Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12
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 -7.14 -237.48 -124.59 -94.92 -6.63

Avatar Ventures ROCE % Calculation

Avatar Ventures's annualized ROCE % for the fiscal year that ended in Jul. 2011 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jul. 2011 )  (A: Jul. 2010 )(A: Jul. 2011 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jul. 2011 )  (A: Jul. 2010 )(A: Jul. 2011 )
=-0.222/( ( (0 - 0.022) + (0.288 - 0.031) )/ 2 )
=-0.222/( (-0.022+0.257)/ 2 )
=-0.222/0.1175
=-188.94 %

Avatar Ventures's ROCE % of for the quarter that ended in Apr. 2012 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Apr. 2012 )  (Q: Jan. 2012 )(Q: Apr. 2012 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Apr. 2012 )  (Q: Jan. 2012 )(Q: Apr. 2012 )
=-0.012/( ( (0.242 - 0.06) + (0.241 - 0.061) )/ 2 )
=-0.012/( ( 0.182 + 0.18 )/ 2 )
=-0.012/0.181
=-6.63 %

(1) Note: The EBIT data used here is four times the quarterly (Apr. 2012) 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 -6.63% mean?
Avatar Ventures (ATAR) has a ROCE % of -6.63% as of Apr. 2012.
Is Avatar Ventures' ROCE % too high?
Avatar Ventures' current ROCE % is -6.63%.
How does Avatar Ventures' ROCE % compare to PFTI and OMTK?
Avatar Ventures' ROCE % of -6.63% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. 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 7.94, based on 1,319 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 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avatar Ventures's current ROCE % is -6.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avatar Ventures stock overvalued right now?
Avatar Ventures (ATAR) has a current ROCE % of -6.63%. The current ROCE % is -6.63%. 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 Avatar Ventures (ATAR), the current ROCE % is -6.63% as of Apr. 2012. 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.

Avatar Ventures Business Description

Address 27281 Las Ramblas, Suite 200, Mission Viejo, CA, USA, 92691
Avatar Ventures Corp intends to be a developer of aftermarket electronic accessories for consumer motor vehicles.