EMAX (Ecomax) ROCE %: 0.00% (As of Mar. 2024)


EMAX Ecomax Inc EMAX
7 GF Score
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What is Ecomax ROCE %?

Ecomax EMAX 7 ROCE % is 0.00% as of Mar. 2024. GuruFocus rates EMAX with a GF Score™ of 7/100.

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. Ecomax's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.00%.

Ecomax  (OTCPK:EMAX) 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.

Ecomax ROCE % Related Terms

Ecomax ROCE % Historical Data

* Premium members only.

The historical data trend for Ecomax'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.

Ecomax ROCE % Chart

Ecomax Annual Data
Trend Dec96 Dec97 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROCE %
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Ecomax Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.00 0.00 0.00 0.00 0.00
EMAX
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Ecomax Inc EMAX
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Ecomax ROCE % Calculation

Ecomax's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=-0.068/( ( (0 - 0.208) + (0.169 - 0.466) )/ 2 )
=-0.068/( (-0.208+-0.297)/ 2 )
=-0.068/-0.2525
=26.93 %

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

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-0.048/( ( (0.095 - 0.416) + (0.074 - 0.414) )/ 2 )
=-0.048/( ( -0.321 + -0.34 )/ 2 )
=-0.048/-0.3305
=0 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 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 0.00% mean?
Ecomax (EMAX) has a ROCE % of 0.00% as of Mar. 2024.
Is Ecomax's ROCE % too high?
Ecomax's current ROCE % is 0.00%. Overall, Ecomax has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Ecomax's ROCE % compare to MTLK and NIMU?
Ecomax's ROCE % of 0.00% 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. Ecomax'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 Ecomax stock overvalued right now?
Ecomax (EMAX) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Ecomax's overall GF Score™ is 7/100. 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 Ecomax (EMAX), the current ROCE % is 0.00% as of Mar. 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.

Ecomax Business Description

Address 630 Fifth Avenue, Suite 2338, New York, NY, USA, 10020
Ecomax Inc is seeking new business opportunities.
7GF 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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