EOFBF (Ecofibre) ROCE %: -69.54% (As of Dec. 2024)

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EOFBF Ecofibre Ltd EOFBF
16 GF Score
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What is Ecofibre ROCE %?

Ecofibre EOFBF -90.00% 16 ROCE % is -69.54% as of Dec. 2024. GuruFocus rates EOFBF with a GF Score™ of 16/100.

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. Ecofibre's annualized ROCE % for the quarter that ended in Dec. 2024 was -69.54%.

Ecofibre  (OTCPK:EOFBF) 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.

Ecofibre ROCE % Related Terms

Ecofibre ROCE % Historical Data

* Premium members only.

The historical data trend for Ecofibre'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.

Ecofibre ROCE % Chart

Ecofibre Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROCE %
Get a 7-Day Free Trial 18.01 -5.93 -11.26 -19.78 -50.16

Ecofibre Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -31.93 -5.48 -107.79 12.07 -69.54
EOFBF
16GF Score
Ecofibre Ltd EOFBF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ecofibre ROCE % Calculation

Ecofibre'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 )
=-26.939/( ( (80.33 - 6.426) + (47.309 - 13.795) )/ 2 )
=-26.939/( (73.904+33.514)/ 2 )
=-26.939/53.709
=-50.16 %

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

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=-20.854/( ( (47.309 - 13.795) + (36.758 - 10.298) )/ 2 )
=-20.854/( ( 33.514 + 26.46 )/ 2 )
=-20.854/29.987
=-69.54 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 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 -69.54% mean?
Ecofibre (EOFBF) has a ROCE % of -69.54% as of Dec. 2024.
Is Ecofibre's ROCE % too high?
Ecofibre's current ROCE % is -69.54%. Overall, Ecofibre has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Ecofibre's ROCE % compare to LIFD and FLHLF?
Ecofibre's ROCE % of -69.54% can be compared against companies in the Drug Manufacturers industry. The industry median ROCE % is 7.04. 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 Drug Manufacturers company?
The median ROCE % among Drug Manufacturers companies is 7.04, based on 962 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 Drug Manufacturers industry, the median ROCE % is 7.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ecofibre's current ROCE % is -69.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecofibre stock overvalued right now?
Ecofibre (EOFBF) has a current ROCE % of -69.54%. The current ROCE % is -69.54%. Ecofibre's overall GF Score™ is 16/100. 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 Ecofibre (EOFBF), the current ROCE % is -69.54% as of Dec. 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.

Ecofibre Business Description

Address 680 George Street, Level 12, Sydney, NSW, AUS, 2000
Ecofibre Ltd is a provider of hemp products in the United States and Australia. It is engaged in six segments based on differences in products and services provided: Ecofibre Advanced Technologies, Ananda Health, Ecofibre Genetics, Corporate, EOF Bio and Ananda Food. It derives maximum revenue from Ecofibre Advanced Technologies segment. Ecofibre Advanced Technologies involves Advanced manufacturing business with specialist capabilities in performance yarn extrusion, polymer compounding and textiles manufactured in the United States.
16GF 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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