CHPMW (CHP Merger) ROCE %: -0.89% (As of Dec. 2021)


What is CHP Merger ROCE %?

CHP Merger CHPMW ROCE % is -0.89% as of Dec. 2021. The stock has 2 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. CHP Merger's annualized ROCE % for the quarter that ended in Dec. 2021 was -0.89%.

CHP Merger  (NAS:CHPMW) 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.

CHP Merger ROCE % Related Terms

CHP Merger ROCE % Historical Data

* Premium members only.

The historical data trend for CHP Merger'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.

CHP Merger ROCE % Chart

CHP Merger Annual Data
Trend Dec19 Dec20 Dec21
ROCE %
0.00 -0.22 -1.48

CHP Merger Semi-Annual Data
Jul19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.07 -0.10 -0.20 -0.18 -0.89

CHP Merger ROCE % Calculation

CHP Merger's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=-3.605/( ( (302.934 - 0.335) + (188.792 - 4.253) )/ 2 )
=-3.605/( (302.599+184.539)/ 2 )
=-3.605/243.569
=-1.48 %

CHP Merger's ROCE % of for the quarter that ended in Dec. 2021 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2021 )  (Q: Sep. 2021 )(Q: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2021 )  (Q: Sep. 2021 )(Q: Dec. 2021 )
=-2.172/( ( (302.075 - 0.851) + (188.792 - 4.253) )/ 2 )
=-2.172/( ( 301.224 + 184.539 )/ 2 )
=-2.172/242.8815
=-0.89 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2021) 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 -0.89% mean?
CHP Merger (CHPMW) has a ROCE % of -0.89% as of Dec. 2021.
Is CHP Merger's ROCE % too high?
CHP Merger's current ROCE % is -0.89%.
How does CHP Merger's ROCE % compare to CREC and TGAA?
CHP Merger's ROCE % of -0.89% can be compared against companies in the Diversified Financial Services industry. 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 Diversified Financial Services company?
A good ROCE % depends on the Diversified Financial Services industry context. 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. CHP Merger's current ROCE % is -0.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CHP Merger stock overvalued right now?
CHP Merger (CHPMW) has a current ROCE % of -0.89%. The current ROCE % is -0.89%. 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 CHP Merger (CHPMW), the current ROCE % is -0.89% as of Dec. 2021. 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.

CHP Merger Business Description

Address 25 Deforest Avenue, Suite 108, Summit, NJ, USA, 07901
CHP Merger Corp is a blank check company.