GEGP (Gold Enterprise Group) ROCE %: 0.00% (As of Jan. 2018)

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What is Gold Enterprise Group ROCE %?

Gold Enterprise Group GEGP -90.00% ROCE % is 0.00% as of Jan. 2018.

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. Gold Enterprise Group's annualized ROCE % for the quarter that ended in Jan. 2018 was 0.00%.

Gold Enterprise Group  (OTCPK:GEGP) 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.

Gold Enterprise Group ROCE % Related Terms

Gold Enterprise Group ROCE % Historical Data

* Premium members only.

The historical data trend for Gold Enterprise Group'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.

Gold Enterprise Group ROCE % Chart

Gold Enterprise Group Annual Data
Trend Jan02 Jan03 Jan04 Jan16 Jan17 Jan18
ROCE %
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Gold Enterprise Group Quarterly Data
Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Jul03 Oct03 Jan04 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18
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 0.00 0.00 0.00 0.00 0.00

Gold Enterprise Group ROCE % Calculation

Gold Enterprise Group's annualized ROCE % for the fiscal year that ended in Jan. 2018 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jan. 2018 )  (A: Jan. 2017 )(A: Jan. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jan. 2018 )  (A: Jan. 2017 )(A: Jan. 2018 )
=-0.041/( ( (0 - 0.128) + (0.002 - 0.127) )/ 2 )
=-0.041/( (-0.128+-0.125)/ 2 )
=-0.041/-0.1265
=32.41 %

Gold Enterprise Group's ROCE % of for the quarter that ended in Jan. 2018 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jan. 2018 )  (Q: Oct. 2017 )(Q: Jan. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jan. 2018 )  (Q: Oct. 2017 )(Q: Jan. 2018 )
=-0.088/( ( (0.019 - 0.122) + (0.002 - 0.127) )/ 2 )
=-0.088/( ( -0.103 + -0.125 )/ 2 )
=-0.088/-0.114
=0 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 2018) 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?
Gold Enterprise Group (GEGP) has a ROCE % of 0.00% as of Jan. 2018.
Is Gold Enterprise Group's ROCE % too high?
Gold Enterprise Group's current ROCE % is 0.00%.
How does Gold Enterprise Group's ROCE % compare to NTN and RLJE?
Gold Enterprise Group's ROCE % of 0.00% can be compared against companies in the Medical Distribution industry. The industry median ROCE % is 8.97. 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 Medical Distribution company?
The median ROCE % among Medical Distribution companies is 8.97, based on 119 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 Medical Distribution industry, the median ROCE % is 8.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gold Enterprise Group'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 Gold Enterprise Group stock overvalued right now?
Gold Enterprise Group (GEGP) 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 Gold Enterprise Group (GEGP), the current ROCE % is 0.00% as of Jan. 2018. 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.

Gold Enterprise Group Business Description

Address 2412 Irwin Street, Melbourne, FL, USA, 32901
Gold Enterprise Group Inc, formerly Gold Entertainment Group Inc is engaged in the Distribution of orthopedic products. Its products include medical devices.