FSCR (Federal Screw Works) ROCE %: -7.82% (As of Dec. 2004)


What is Federal Screw Works ROCE %?

Federal Screw Works FSCR -0.27% ROCE % is -7.82% as of Dec. 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. Federal Screw Works's annualized ROCE % for the quarter that ended in Dec. 2004 was -7.82%.

Federal Screw Works  (OTCPK:FSCR) 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.

Federal Screw Works ROCE % Related Terms

Federal Screw Works ROCE % Historical Data

* Premium members only.

The historical data trend for Federal Screw Works'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.

Federal Screw Works ROCE % Chart

Federal Screw Works Annual Data
Trend Jun95 Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.82 8.47 5.33 5.82 1.88

Federal Screw Works Quarterly Data
Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04
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 1.14 3.85 2.67 -5.92 -7.82

Federal Screw Works ROCE % Calculation

Federal Screw Works's annualized ROCE % for the fiscal year that ended in Jun. 2004 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2004 )  (A: Jun. 2003 )(A: Jun. 2004 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2004 )  (A: Jun. 2003 )(A: Jun. 2004 )
=1.673/( ( (94.461 - 11.605) + (106.773 - 11.882) )/ 2 )
=1.673/( (82.856+94.891)/ 2 )
=1.673/88.8735
=1.88 %

Federal Screw Works's ROCE % of for the quarter that ended in Dec. 2004 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2004 )  (Q: Sep. 2004 )(Q: Dec. 2004 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2004 )  (Q: Sep. 2004 )(Q: Dec. 2004 )
=-7.7/( ( (106.893 - 9.192) + (107.395 - 8.116) )/ 2 )
=-7.7/( ( 97.701 + 99.279 )/ 2 )
=-7.7/98.49
=-7.82 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 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 -7.82% mean?
Federal Screw Works (FSCR) has a ROCE % of -7.82% as of Dec. 2004.
Is Federal Screw Works' ROCE % too high?
Federal Screw Works' current ROCE % is -7.82%.
How does Federal Screw Works' ROCE % compare to PAOS and PFIN?
Federal Screw Works' ROCE % of -7.82% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.10. 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 Industrial Products company?
The median ROCE % among Industrial Products companies is 7.10, based on 3,032 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 Industrial Products industry, the median ROCE % is 7.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Federal Screw Works's current ROCE % is -7.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal Screw Works stock overvalued right now?
Federal Screw Works (FSCR) has a current ROCE % of -7.82%. The current ROCE % is -7.82%. 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 Federal Screw Works (FSCR), the current ROCE % is -7.82% as of Dec. 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.

Federal Screw Works Business Description

Address 34846 Goddard Road, Romulus, MI, USA, 48174
Federal Screw Works operates as the manufacturer and marketer of industrial component parts. The group offers parts such as locknuts, bolts, piston pins, studs, bushings, shafts, and other machined, cold-formed, hardened, and ground metal parts, which are served by the automobile industry. Its component is used in the products of cold-formed and machined pins and products, close tolerance machined products, engineered nut products, cold-formed tooling, and complex cold-formed products. Geographically all the operations function through the United States.