Bexil (BXLC) ROCE %: -5.92% (As of Dec. 2011)


BXLC Bexil Corp BXLC
12 GF Score
Price $42.50
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What is Bexil ROCE %?

Bexil BXLC 12 ROCE % is -5.92% as of Dec. 2011. GuruFocus rates BXLC with a GF Score™ of 12/100.

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. Bexil's annualized ROCE % for the quarter that ended in Dec. 2011 was -5.92%.

Bexil  (OTCPK:BXLC) 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.

Bexil ROCE % Related Terms

Bexil ROCE % Historical Data

* Premium members only.

The historical data trend for Bexil'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.

Bexil ROCE % Chart

Bexil Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
ROCE %
Get a 7-Day Free Trial -3.34 -2.64 -3.72 -6.73 -5.92

Bexil Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
ROCE % Get a 7-Day Free Trial -3.34 -2.64 -3.72 -6.73 -5.92
BXLC
12GF Score
Bexil Corp BXLC
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bexil ROCE % Calculation

Bexil's annualized ROCE % for the fiscal year that ended in Dec. 2011 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2011 )  (A: Dec. 2010 )(A: Dec. 2011 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2011 )  (A: Dec. 2010 )(A: Dec. 2011 )
=-2.165/( ( (37.243 - 0.619) + (36.849 - 0.347) )/ 2 )
=-2.165/( (36.624+36.502)/ 2 )
=-2.165/36.563
=-5.92 %

Bexil's ROCE % of for the quarter that ended in Dec. 2011 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2011 )  (Q: Dec. 2010 )(Q: Dec. 2011 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2011 )  (Q: Dec. 2010 )(Q: Dec. 2011 )
=-2.165/( ( (37.243 - 0.619) + (36.849 - 0.347) )/ 2 )
=-2.165/( ( 36.624 + 36.502 )/ 2 )
=-2.165/36.563
=-5.92 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2011) 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 -5.92% mean?
Bexil (BXLC) has a ROCE % of -5.92% as of Dec. 2011.
Is Bexil's ROCE % too high?
Bexil's current ROCE % is -5.92%. Overall, Bexil has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Bexil's ROCE % compare to NOM and TETAA?
Bexil's ROCE % of -5.92% can be compared against companies in the Asset Management industry. The industry median ROCE % is 4.43. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Asset Management company?
The median ROCE % among Asset Management companies is 4.43, based on 708 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 Asset Management industry, the median ROCE % is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bexil's current ROCE % is -5.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bexil stock overvalued right now?
Bexil (BXLC) has a current ROCE % of -5.92%. The current ROCE % is -5.92%. Bexil's overall GF Score™ is 12/100. 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 Bexil (BXLC), the current ROCE % is -5.92% as of Dec. 2011. 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.

Bexil Business Description

Address P.O. Box 4, Walpole, NH, USA, 03608
Bexil Corp is engaged in investment management with an objective to increase book value per share over time for the benefit of its stockholders. The company is engaged through a wholly owned subsidiary in investment management.
12GF Score

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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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