FRPC (First Republic of America) ROCE %: 1.22% (As of Mar. 2004)


What is First Republic of America ROCE %?

First Republic of America FRPC ROCE % is 1.22% as of Mar. 2004.

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. First Republic of America's annualized ROCE % for the quarter that ended in Mar. 2004 was 1.22%.

First Republic of America  (OTCPK:FRPC) 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.

First Republic of America ROCE % Related Terms

First Republic of America ROCE % Historical Data

* Premium members only.

The historical data trend for First Republic of America'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.

First Republic of America ROCE % Chart

First Republic of America Annual Data
Trend Jun01 Jun02 Jun03
ROCE %
16.55 -1.29 -1.50

First Republic of America Quarterly Data
Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.54 -3.36 1.60 -29.05 1.22

First Republic of America ROCE % Calculation

First Republic of America's annualized ROCE % for the fiscal year that ended in Jun. 2003 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2003 )  (A: Jun. 2002 )(A: Jun. 2003 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2003 )  (A: Jun. 2002 )(A: Jun. 2003 )
=-1.364/( ( (98.982 - 6.113) + (100.374 - 11.88) )/ 2 )
=-1.364/( (92.869+88.494)/ 2 )
=-1.364/90.6815
=-1.50 %

First Republic of America's ROCE % of for the quarter that ended in Mar. 2004 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2004 )  (Q: Dec. 2003 )(Q: Mar. 2004 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2004 )  (Q: Dec. 2003 )(Q: Mar. 2004 )
=0.956/( ( (95.116 - 13.51) + (93.948 - 19.312) )/ 2 )
=0.956/( ( 81.606 + 74.636 )/ 2 )
=0.956/78.121
=1.22 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2004) 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 1.22% mean?
First Republic of America (FRPC) has a ROCE % of 1.22% as of Mar. 2004.
Is First Republic of America's ROCE % too high?
First Republic of America's current ROCE % is 1.22%. The Business Services industry median ROCE % is 8.88. First Republic of America's value of 1.22% is 86.3% below this industry median.
How does First Republic of America's ROCE % compare to competitors?
First Republic of America's ROCE % of 1.22% can be compared against companies in the Business Services industry. The industry median ROCE % is 8.88. First Republic of America's value of 1.22% is 86.3% below this benchmark. 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 Business Services company?
The median ROCE % among Business Services companies is 8.88, based on 1,070 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. First Republic of America's current ROCE % of 1.22% is 86.3% below the industry median. 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 Business Services industry, the median ROCE % is 8.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Republic of America's current ROCE % is 1.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Republic of America stock overvalued right now?
First Republic of America (FRPC) has a current ROCE % of 1.22%. The current ROCE % is 1.22% and 86.3% below the Business Services industry median of 8.88. 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 First Republic of America (FRPC), the current ROCE % is 1.22% as of Mar. 2004. 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.