ADOMANI (FRA:A9T) ROCE %: -5.51% (As of Mar. 2021)

What is ADOMANI ROCE %?

ADOMANI FRA:A9T ROCE % is -5.51% as of Mar. 2021. The stock has 7 warning signs investors should review.

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. ADOMANI's annualized ROCE % for the quarter that ended in Mar. 2021 was -5.51%.

ADOMANI (FRA:A9T) 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.

ADOMANI ROCE % Related Terms

ADOMANI ROCE % Historical Data

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The historical data trend for ADOMANI'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.

ADOMANI ROCE % Chart

ADOMANI Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

ROCE %

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-1,399.54

0.00

-219.83

-94.19

-98.41

ADOMANI Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
ROCE %	Get a 7-Day Free Trial															-12.98	-200.92	-284.17	-134.10	-5.51

ADOMANI ROCE % Calculation

ADOMANI's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	-3.565	/	( ( (9.285 - 6.198)	+	(5.07 - 0.912) )	/ 2 )
	=	-3.565	/	( (3.087	+	4.158)	/ 2 )
	=	-3.565	/	3.6225
	=	-98.41 %

ADOMANI's ROCE % of for the quarter that ended in Mar. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2021 )		(Q: Dec. 2020 )		(Q: Mar. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2021 )		(Q: Dec. 2020 )		(Q: Mar. 2021 )
	=	-1.476	/	( ( (5.07 - 0.912)	+	(50.974 - 1.57) )	/ 2 )
	=	-1.476	/	( ( 4.158	+	49.404 )	/ 2 )
	=	-1.476	/	26.781
	=	-5.51 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2021) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -5.51% mean?

ADOMANI (FRA:A9T) has a ROCE % of -5.51% as of Mar. 2021.

Is ADOMANI's ROCE % too high?

ADOMANI's current ROCE % is -5.51%.

How does ADOMANI's ROCE % compare to ZXAIY and CTIB?

ADOMANI's ROCE % of -5.51% 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. ADOMANI's current ROCE % is -5.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is ADOMANI stock overvalued right now?

ADOMANI (FRA:A9T) has a current ROCE % of -5.51%. The current ROCE % is -5.51%. 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 ADOMANI (FRA:A9T), the current ROCE % is -5.51% as of Mar. 2021. 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.

ADOMANI Business Description

Industry Consumer Cyclical Vehicles & Parts

Comparable Companies ZXAIY CTIB FNHI STCC LEAT AMTY OMTK PFTI FLES SYPR TSE:6902 TSE:5108 APTV XPAR:ML XKRX:012330 TSX:MG SZSE:002602 ISX:ASII SZSE:002555 SHSE:600741

Address 1215 Graphite Drive, Corona, CA, USA, 92881

Website https://www.adomanielectric.com

Envirotech Vehicles Inc designs zero-emission electric and hybrid drivetrain systems for integration in new school buses and medium to heavy-duty commercial fleet vehicles. The company also designs patented re-power conversion kits to replace conventional drivetrain systems for combustion powered vehicles with zero-emission electric or hybrid drivetrain systems. Its product range includes Cab Over Engine Trucks and Shuttle Bus Fleets.