FLES (Auto Parts 4Less Group) ROCE %: 0.00% (As of Oct. 2023)


FLES Auto Parts 4Less Group Inc FLES
12 GF Score
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What is Auto Parts 4Less Group ROCE %?

Auto Parts 4Less Group FLES 12 ROCE % is 0.00% as of Oct. 2023. GuruFocus rates FLES with a GF Score™ of 12/100.

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. Auto Parts 4Less Group's annualized ROCE % for the quarter that ended in Oct. 2023 was 0.00%.

Auto Parts 4Less Group  (OTCPK:FLES) 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.

Auto Parts 4Less Group ROCE % Related Terms

Auto Parts 4Less Group ROCE % Historical Data

* Premium members only.

The historical data trend for Auto Parts 4Less Group'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.

Auto Parts 4Less Group ROCE % Chart

Auto Parts 4Less Group Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Auto Parts 4Less Group Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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
FLES
12GF Score
Auto Parts 4Less Group Inc FLES
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Auto Parts 4Less Group ROCE % Calculation

Auto Parts 4Less Group's annualized ROCE % for the fiscal year that ended in Jan. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jan. 2023 )  (A: Jan. 2022 )(A: Jan. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jan. 2023 )  (A: Jan. 2022 )(A: Jan. 2023 )
=-6.003/( ( (1.029 - 8.89) + (0.408 - 20.769) )/ 2 )
=-6.003/( (-7.861+-20.361)/ 2 )
=-6.003/-14.111
=42.54 %

Auto Parts 4Less Group's ROCE % of for the quarter that ended in Oct. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Oct. 2023 )  (Q: Jul. 2023 )(Q: Oct. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Oct. 2023 )  (Q: Jul. 2023 )(Q: Oct. 2023 )
=-1.144/( ( (0.272 - 26.055) + (0.253 - 27.2) )/ 2 )
=-1.144/( ( -25.783 + -26.947 )/ 2 )
=-1.144/-26.365
=0 %

(1) Note: The EBIT data used here is four times the quarterly (Oct. 2023) 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?
Auto Parts 4Less Group (FLES) has a ROCE % of 0.00% as of Oct. 2023.
Is Auto Parts 4Less Group's ROCE % too high?
Auto Parts 4Less Group's current ROCE % is 0.00%. Overall, Auto Parts 4Less Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Auto Parts 4Less Group's ROCE % compare to REII and MBLY?
Auto Parts 4Less Group's ROCE % of 0.00% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. 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 Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.94, based on 1,319 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 Vehicles & Parts industry, the median ROCE % is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Auto Parts 4Less Group'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 Auto Parts 4Less Group stock overvalued right now?
Auto Parts 4Less Group (FLES) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Auto Parts 4Less Group's overall GF Score™ is 12/100. 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 Auto Parts 4Less Group (FLES), the current ROCE % is 0.00% as of Oct. 2023. 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.

Auto Parts 4Less Group Business Description

Address 106 W. Mayflower, Las Vegas, NV, USA, 89030
Auto Parts 4Less Group Inc is an e-commerce auto parts sales company. It offers parts and accessories that are manufactured, sold, and distributed for cars, light trucks, and other passenger vehicles motorcycles, all-terrain vehicles, utility terrain vehicles, boats, and others.
12GF 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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