COLDF (Cardno) ROCE %: -82.99% (As of Jun. 2024)


COLDF Cardno Ltd COLDF
12 GF Score
Price $0.17
View Full Analysis

What is Cardno ROCE %?

Cardno COLDF -14.95% 12 ROCE % is -82.99% as of Jun. 2024. GuruFocus rates COLDF 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. Cardno's annualized ROCE % for the quarter that ended in Jun. 2024 was -82.99%.

Cardno  (OTCPK:COLDF) 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.

Cardno ROCE % Related Terms

Cardno ROCE % Historical Data

* Premium members only.

The historical data trend for Cardno'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.

Cardno ROCE % Chart

Cardno Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.85 11.70 3.76 -0.81 2.67

Cardno Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 Premium Member Only 1.29 -10.34 21.61 60.51 -82.99
COLDF
12GF Score
Cardno Ltd COLDF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cardno ROCE % Calculation

Cardno'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 )
=0.253/( ( (16.546 - 2.585) + (6.197 - 1.212) )/ 2 )
=0.253/( (13.961+4.985)/ 2 )
=0.253/9.473
=2.67 %

Cardno's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=-7.908/( ( (16.118 - 2.046) + (6.197 - 1.212) )/ 2 )
=-7.908/( ( 14.072 + 4.985 )/ 2 )
=-7.908/9.5285
=-82.99 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) 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 -82.99% mean?
Cardno (COLDF) has a ROCE % of -82.99% as of Jun. 2024.
Is Cardno's ROCE % too high?
Cardno's current ROCE % is -82.99%. Overall, Cardno has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Cardno's ROCE % compare to GRHI and CIPI?
Cardno's ROCE % of -82.99% can be compared against companies in the Construction industry. The industry median ROCE % is 8.22. 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 Construction company?
The median ROCE % among Construction companies is 8.22, based on 1,754 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 Construction industry, the median ROCE % is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cardno's current ROCE % is -82.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cardno stock overvalued right now?
Cardno (COLDF) has a current ROCE % of -82.99%. The current ROCE % is -82.99%. Cardno'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 Cardno (COLDF), the current ROCE % is -82.99% as of Jun. 2024. 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.

Cardno Business Description

Address 210 George Street, Level 8, Sydney, NSW, AUS, 2000
Cardno Ltd is an Australian infrastructure, environmental and social development company. The Company's business operating segments are Latin America which includes engineering consulting operations in Latin America and Other which includes Group Head Office. It generates maximum revenue from Latin America segment.
12GF Score

Get the complete analysis for COLDF

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.17
Price