ESTRF (Estre Ambiental) ROCE %: 0.00% (As of Jun. 2019)

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What is Estre Ambiental ROCE %?

Estre Ambiental ESTRF -90.00% ROCE % is 0.00% as of Jun. 2019.

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. Estre Ambiental's annualized ROCE % for the quarter that ended in Jun. 2019 was 0.00%.

Estre Ambiental  (OTCPK:ESTRF) 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.

Estre Ambiental ROCE % Related Terms

Estre Ambiental ROCE % Historical Data

* Premium members only.

The historical data trend for Estre Ambiental'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.

Estre Ambiental ROCE % Chart

Estre Ambiental Annual Data
Trend Dec15 Dec16 Dec17 Dec18
ROCE %
0.00 -0.20 9.14 -72.44

Estre Ambiental Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
ROCE % Get a 7-Day Free Trial -16.67 31.49 12.64 -216.00 0.00

Estre Ambiental ROCE % Calculation

Estre Ambiental's annualized ROCE % for the fiscal year that ended in Dec. 2018 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=-144.433/( ( (723.473 - 186.755) + (418.382 - 556.356) )/ 2 )
=-144.433/( (536.718+-137.974)/ 2 )
=-144.433/199.372
=-72.44 %

Estre Ambiental's ROCE % of for the quarter that ended in Jun. 2019 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2019 )  (Q: Dec. 2018 )(Q: Jun. 2019 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2019 )  (Q: Dec. 2018 )(Q: Jun. 2019 )
=9.856/( ( (418.382 - 556.356) + (396.815 - 643.204) )/ 2 )
=9.856/( ( -137.974 + -246.389 )/ 2 )
=9.856/-192.1815
=0 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2019) 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?
Estre Ambiental (ESTRF) has a ROCE % of 0.00% as of Jun. 2019.
Is Estre Ambiental's ROCE % too high?
Estre Ambiental's current ROCE % is 0.00%.
How does Estre Ambiental's ROCE % compare to OCLN and HDII?
Estre Ambiental's ROCE % of 0.00% can be compared against companies in the Waste Management industry. The industry median ROCE % is 6.09. 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 Waste Management company?
The median ROCE % among Waste Management companies is 6.09, based on 234 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 Waste Management industry, the median ROCE % is 6.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Estre Ambiental'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 Estre Ambiental stock overvalued right now?
Estre Ambiental (ESTRF) 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 Estre Ambiental (ESTRF), the current ROCE % is 0.00% as of Jun. 2019. 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.

Estre Ambiental Business Description

Address 4509, Avenida Brigadeiro Faria Lima, 8th Floor,Vila Olimpia, Sao Paulo, SP, BRA, 04538-133
Estre Ambiental Inc waste management company in Brazil which operates in the Southeast, South and Northeast regions of Brazil. It operates its own landfills and is engaged in the final treatment of hazardous wastes, temporary storage of waste, collection and burning of landfill biogas, environmental consulting services, recycling, reverse manufacturing of electrical and electronic devices and waste collection, among others activities. The operations are grouped into four business segments Collection and Cleaning Services; Landfills; Oil and Gas; and Value Recovery. It generates a vast majority of its revenue from the collection and cleaning services segment.