G6 Materials (FRA:G310) ROCE %: -288.52% (As of Feb. 2024)


What is G6 Materials ROCE %?

G6 Materials FRA:G310 ROCE % is -288.52% as of Feb. 2024.

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. G6 Materials's annualized ROCE % for the quarter that ended in Feb. 2024 was -288.52%.

G6 Materials  (FRA:G310) 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.

G6 Materials ROCE % Related Terms

G6 Materials ROCE % Historical Data

* Premium members only.

The historical data trend for G6 Materials'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.

G6 Materials ROCE % Chart

G6 Materials Annual Data
Trend Jul14 May15 May16 May17 May18 May19 May20 May21 May22 May23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -60.69 -131.94 -44.08 -46.41 -119.14

G6 Materials Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -96.70 -221.59 -215.13 -445.79 -288.52

G6 Materials ROCE % Calculation

G6 Materials's annualized ROCE % for the fiscal year that ended in May. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: May. 2023 )  (A: May. 2022 )(A: May. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: May. 2023 )  (A: May. 2022 )(A: May. 2023 )
=-2.505/( ( (3.559 - 0.248) + (1.326 - 0.432) )/ 2 )
=-2.505/( (3.311+0.894)/ 2 )
=-2.505/2.1025
=-119.14 %

G6 Materials's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Feb. 2024 )  (Q: Nov. 2023 )(Q: Feb. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Feb. 2024 )  (Q: Nov. 2023 )(Q: Feb. 2024 )
=-0.528/( ( (0.769 - 0.604) + (0.894 - 0.693) )/ 2 )
=-0.528/( ( 0.165 + 0.201 )/ 2 )
=-0.528/0.183
=-288.52 %

(1) Note: The EBIT data used here is four times the quarterly (Feb. 2024) 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 -288.52% mean?
G6 Materials (FRA:G310) has a ROCE % of -288.52% as of Feb. 2024.
Is G6 Materials' ROCE % too high?
G6 Materials' current ROCE % is -288.52%.
How does G6 Materials' ROCE % compare to CBNT and PVNNF?
G6 Materials' ROCE % of -288.52% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.48. 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 Chemicals company?
The median ROCE % among Chemicals companies is 6.48, based on 1,586 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 Chemicals industry, the median ROCE % is 6.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. G6 Materials's current ROCE % is -288.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is G6 Materials stock overvalued right now?
G6 Materials (FRA:G310) has a current ROCE % of -288.52%. The current ROCE % is -288.52%. 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 G6 Materials (FRA:G310), the current ROCE % is -288.52% as of Feb. 2024. 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.

G6 Materials Business Description

Address 760 Koehler Avenue, Suite 2, Ronkonkoma, NY, USA, 11779
G6 Materials Corp is a technology company engaged in the development of graphene-based solutions. The company's target industries include but are not limited to aerospace, automotive, healthcare, marine, medical prosthetics and various branches of the military.