Fortune Shoes (DHA:FORTUNE) ROCE %: 0.00% (As of . 20)


DHA:FORTUNE Fortune Shoes Ltd DHA:FORTUNE
28 GF Score
Price BDT17.80
View Full Analysis

What is Fortune Shoes ROCE %?

Fortune Shoes DHA:FORTUNE +3.49% 28 ROCE % is 0.00% as of . 20. GuruFocus rates DHA:FORTUNE with a GF Score™ of 28/100.

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. Fortune Shoes's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Fortune Shoes  (DHA:FORTUNE) 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.

Fortune Shoes ROCE % Related Terms

Fortune Shoes ROCE % Historical Data

* Premium members only.

The historical data trend for Fortune Shoes'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.

Fortune Shoes ROCE % Chart

Fortune Shoes Annual Data
Trend
ROCE %

Fortune Shoes Semi-Annual Data
ROCE %
DHA:FORTUNE
28GF Score
Fortune Shoes Ltd DHA:FORTUNE
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fortune Shoes ROCE % Calculation

Fortune Shoes's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

Fortune Shoes's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( ( ( - ) + ( - ) )/ )
=/( ( + )/ )
=/
= %

(1) Note: The EBIT data used here is one times the annual (. 20) 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 0.00% mean?
Fortune Shoes (DHA:FORTUNE) has a ROCE % of 0.00% as of . 20.
Is Fortune Shoes' ROCE % too high?
Fortune Shoes' current ROCE % is 0.00%. Overall, Fortune Shoes has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Fortune Shoes' ROCE % compare to competitors?
Fortune Shoes' ROCE % of 0.00% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.14. 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 Manufacturing - Apparel & Accessories company?
The median ROCE % among Manufacturing - Apparel & Accessories companies is 6.14, based on 1,040 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 Manufacturing - Apparel & Accessories industry, the median ROCE % is 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortune Shoes's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortune Shoes stock overvalued right now?
Fortune Shoes (DHA:FORTUNE) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Fortune Shoes' overall GF Score™ is 28/100. 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 Fortune Shoes (DHA:FORTUNE), the current ROCE % is 0.00% as of . 20. 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.

Fortune Shoes Business Description

Address Road No. 08, Plot No. 34 & 36, Block E, Suite C-3, Moon Island, Gulshan-1, Niketon, Dhaka, BGD, 1212
Fortune Shoes Ltd is engaged in manufacturing and exporting leather shoes and footwear.
28GF Score

Get the complete analysis for DHA:FORTUNE

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

BDT17.80
Price