FRMB (Forum Mobile) ROCE %: -1,809.67% (As of Jun. 2006)


What is Forum Mobile ROCE %?

Forum Mobile FRMB -99.00% ROCE % is -1,809.67% as of Jun. 2006.

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. Forum Mobile's annualized ROCE % for the quarter that ended in Jun. 2006 was -1,809.67%.

Forum Mobile  (OTCPK:FRMB) 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.

Forum Mobile ROCE % Related Terms

Forum Mobile ROCE % Historical Data

* Premium members only.

The historical data trend for Forum Mobile'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.

Forum Mobile ROCE % Chart

Forum Mobile Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
ROCE %
Get a 7-Day Free Trial -558.75 0.00 0.00 0.00 -173.78

Forum Mobile Quarterly Data
Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06
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 11.96 -24.12 -330.44 -36.57 -1,809.67

Forum Mobile ROCE % Calculation

Forum Mobile's annualized ROCE % for the fiscal year that ended in Dec. 2005 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2005 )  (A: Dec. 2004 )(A: Dec. 2005 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2005 )  (A: Dec. 2004 )(A: Dec. 2005 )
=-6.383/( ( (0.362 - 2.918) + (25.252 - 15.35) )/ 2 )
=-6.383/( (-2.556+9.902)/ 2 )
=-6.383/3.673
=-173.78 %

Forum Mobile's ROCE % of for the quarter that ended in Jun. 2006 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2006 )  (Q: Mar. 2006 )(Q: Jun. 2006 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2006 )  (Q: Mar. 2006 )(Q: Jun. 2006 )
=-31.624/( ( (23.136 - 14.227) + (13.502 - 18.916) )/ 2 )
=-31.624/( ( 8.909 + -5.414 )/ 2 )
=-31.624/1.7475
=-1,809.67 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2006) 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 -1,809.67% mean?
Forum Mobile (FRMB) has a ROCE % of -1,809.67% as of Jun. 2006.
Is Forum Mobile's ROCE % too high?
Forum Mobile's current ROCE % is -1,809.67%.
How does Forum Mobile's ROCE % compare to DIRV and FULO?
Forum Mobile's ROCE % of -1,809.67% can be compared against companies in the Telecommunication Services industry. The industry median ROCE % is 7.72. 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 Telecommunication Services company?
The median ROCE % among Telecommunication Services companies is 7.72, based on 356 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 Telecommunication Services industry, the median ROCE % is 7.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forum Mobile's current ROCE % is -1,809.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forum Mobile stock overvalued right now?
Forum Mobile (FRMB) has a current ROCE % of -1,809.67%. The current ROCE % is -1,809.67%. 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 Forum Mobile (FRMB), the current ROCE % is -1,809.67% as of Jun. 2006. 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.

Forum Mobile Business Description

Address 26 Broadway, 21st Floor, New York, NY, USA, 10004
Forum Mobile Inc is a global Mobile Virtual Network Enabler (MVNE) based in the USA. It specializes in MVNE, Mobile Services, Telecom, and cloud services. The company is active in a variety of complementary fields such as private banking, business development, and consulting, and provides hosting and trading platforms. Geographically the business activities are operated through the United States.