ESNR (Electronic Sensor Technology) ROCE %: 0.00% (As of Sep. 2009)

What is Electronic Sensor Technology ROCE %?

Electronic Sensor Technology ESNR -99.00% ROCE % is 0.00% as of Sep. 2009.

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. Electronic Sensor Technology's annualized ROCE % for the quarter that ended in Sep. 2009 was 0.00%.

Electronic Sensor Technology (OTCPK:ESNR) 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.

Electronic Sensor Technology ROCE % Related Terms

Electronic Sensor Technology ROCE % Historical Data

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The historical data trend for Electronic Sensor Technology'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.

Electronic Sensor Technology ROCE % Chart

Electronic Sensor Technology Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

ROCE %

0.00

Electronic Sensor Technology Quarterly Data
	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09
ROCE %	Get a 7-Day Free Trial															-88.46	-121.15	-189.29	-471.23	0.00

Electronic Sensor Technology ROCE % Calculation

Electronic Sensor Technology's annualized ROCE % for the fiscal year that ended in Dec. 2008 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2008 )		(A: Dec. 2007 )		(A: Dec. 2008 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2008 )		(A: Dec. 2007 )		(A: Dec. 2008 )
	=	-1.994	/	( ( (1.977 - 5.29)	+	(1.528 - 0.372) )	/ 2 )
	=	-1.994	/	( (-3.313	+	1.156)	/ 2 )
	=	-1.994	/	-1.0785
	=	184.89 %

Electronic Sensor Technology's ROCE % of for the quarter that ended in Sep. 2009 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2009 )		(Q: Jun. 2009 )		(Q: Sep. 2009 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2009 )		(Q: Jun. 2009 )		(Q: Sep. 2009 )
	=	-2.064	/	( ( (1.701 - 1.499)	+	(1.127 - 1.513) )	/ 2 )
	=	-2.064	/	( ( 0.202	+	-0.386 )	/ 2 )
	=	-2.064	/	-0.092
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2009) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 0.00% mean?

Electronic Sensor Technology (ESNR) has a ROCE % of 0.00% as of Sep. 2009.

Is Electronic Sensor Technology's ROCE % too high?

Electronic Sensor Technology's current ROCE % is 0.00%.

How does Electronic Sensor Technology's ROCE % compare to TRWRF and UCLE?

Electronic Sensor Technology's ROCE % of 0.00% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.83. 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 Hardware company?

The median ROCE % among Hardware companies is 5.83, based on 2,444 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 Hardware industry, the median ROCE % is 5.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electronic Sensor Technology'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 Electronic Sensor Technology stock overvalued right now?

Electronic Sensor Technology (ESNR) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. 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 Electronic Sensor Technology (ESNR), the current ROCE % is 0.00% as of Sep. 2009. 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.

Electronic Sensor Technology Business Description

Industry Technology Hardware

Comparable Companies TRWRF UCLE SCND VSUL SMIT FLXT GIGA MKTY KRKNF ELSE SOTK AEMD DYSL TRCK TKOI MEEC ABIL EVSNF LUNA MIND

Address 1125-B Business Center Circle, Newbury Park, CA, USA, 91320

Website http://www.estcal.com

Electronic Sensor Technology Inc has developed and patented a breakthrough chemical vapor analysis process. This process applies gas chromatography calculations and technology toward a wide variety of industries, including Homeland Security, Life Sciences, Chemical and Petrochemical, Food & Beverage and Environmental.