Enfield Exploration (FRA:EE0) ROCE %: 0.00% (As of Jul. 2016)


What is Enfield Exploration ROCE %?

Enfield Exploration FRA:EE0 ROCE % is 0.00% as of Jul. 2016. The stock has 2 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. Enfield Exploration's annualized ROCE % for the quarter that ended in Jul. 2016 was 0.00%.

Enfield Exploration  (FRA:EE0) 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.

Enfield Exploration ROCE % Related Terms

Enfield Exploration ROCE % Historical Data

* Premium members only.

The historical data trend for Enfield Exploration'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.

Enfield Exploration ROCE % Chart

Enfield Exploration Annual Data
Trend Oct13 Oct14 Oct15
ROCE %
0.00 -744.19 0.00

Enfield Exploration Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Enfield Exploration ROCE % Calculation

Enfield Exploration's annualized ROCE % for the fiscal year that ended in Oct. 2015 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Oct. 2015 )  (A: Oct. 2014 )(A: Oct. 2015 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Oct. 2015 )  (A: Oct. 2014 )(A: Oct. 2015 )
=-0.082/( ( (0.006 - 0.053) + (0.005 - 0.133) )/ 2 )
=-0.082/( (-0.047+-0.128)/ 2 )
=-0.082/-0.0875
=93.71 %

Enfield Exploration's ROCE % of for the quarter that ended in Jul. 2016 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jul. 2016 )  (Q: Apr. 2016 )(Q: Jul. 2016 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jul. 2016 )  (Q: Apr. 2016 )(Q: Jul. 2016 )
=-0.008/( ( (0.005 - 0.144) + (0.006 - 0.148) )/ 2 )
=-0.008/( ( -0.139 + -0.142 )/ 2 )
=-0.008/-0.1405
=0 %

(1) Note: The EBIT data used here is four times the quarterly (Jul. 2016) 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?
Enfield Exploration (FRA:EE0) has a ROCE % of 0.00% as of Jul. 2016.
Is Enfield Exploration's ROCE % too high?
Enfield Exploration's current ROCE % is 0.00%.
How does Enfield Exploration's ROCE % compare to EUENF and ATLS?
Enfield Exploration's ROCE % of 0.00% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Oil & Gas company?
The median ROCE % among Oil & Gas companies is 6.79, based on 977 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 Oil & Gas industry, the median ROCE % is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enfield Exploration'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 Enfield Exploration stock overvalued right now?
Enfield Exploration (FRA:EE0) 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 Enfield Exploration (FRA:EE0), the current ROCE % is 0.00% as of Jul. 2016. 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.

Enfield Exploration Business Description

Industry EnergyOil & Gas
Enfield Exploration Corp was incorporated on November 1, 2013. The Company is engaged in the acquisition, exploration and development of mineral resources with the current focus being nickel resources in Whitehorse, Yukon Territory.