Global PVQ SE (HAM:QCE) ROCE %: -167.16% (As of Dec. 2011)


What is Global PVQ SE ROCE %?

Global PVQ SE HAM:QCE ROCE % is -167.16% as of Dec. 2011.

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. Global PVQ SE's annualized ROCE % for the quarter that ended in Dec. 2011 was -167.16%.

Global PVQ SE  (HAM:QCE) 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.

Global PVQ SE ROCE % Related Terms

Global PVQ SE ROCE % Historical Data

* Premium members only.

The historical data trend for Global PVQ SE'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.

Global PVQ SE ROCE % Chart

Global PVQ SE Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
ROCE %
Get a 7-Day Free Trial 15.17 8.57 -17.87 10.15 -61.81

Global PVQ SE Quarterly Data
Dec04 Dec05 Dec06 Dec07 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11
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 14.49 -4.05 -98.77 -16.32 -167.16

Global PVQ SE ROCE % Calculation

Global PVQ SE's annualized ROCE % for the fiscal year that ended in Dec. 2011 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2011 )  (A: Dec. 2010 )(A: Dec. 2011 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2011 )  (A: Dec. 2010 )(A: Dec. 2011 )
=-720/( ( (2179.4 - 475.6) + (1215.8 - 589.7) )/ 2 )
=-720/( (1703.8+626.1)/ 2 )
=-720/1164.95
=-61.81 %

Global PVQ SE's ROCE % of for the quarter that ended in Dec. 2011 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2011 )  (Q: Sep. 2011 )(Q: Dec. 2011 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2011 )  (Q: Sep. 2011 )(Q: Dec. 2011 )
=-1382/( ( (1603.6 - 576.2) + (1215.8 - 589.7) )/ 2 )
=-1382/( ( 1027.4 + 626.1 )/ 2 )
=-1382/826.75
=-167.16 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2011) 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 -167.16% mean?
Global PVQ SE (HAM:QCE) has a ROCE % of -167.16% as of Dec. 2011.
Is Global PVQ SE's ROCE % too high?
Global PVQ SE's current ROCE % is -167.16%.
How does Global PVQ SE's ROCE % compare to BSRC and YGEHY?
Global PVQ SE's ROCE % of -167.16% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 4.81. 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 Semiconductors company?
The median ROCE % among Semiconductors companies is 4.81, based on 1,018 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 Semiconductors industry, the median ROCE % is 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global PVQ SE's current ROCE % is -167.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global PVQ SE stock overvalued right now?
Global PVQ SE (HAM:QCE) has a current ROCE % of -167.16%. The current ROCE % is -167.16%. 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 Global PVQ SE (HAM:QCE), the current ROCE % is -167.16% as of Dec. 2011. 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.

Global PVQ SE Business Description

Address OT Thalheim, Sonnenallee 17-21, Bitterfeld-Wolfen, DEU, 06766
Global PVQ SE is engaged in the production of renewable energies and photovoltaic devices. The business activities of the group are under Products and Systems segments. The Products segment comprises the production and sale of solar cells from monocrystalline and polycrystalline silicon, and production and sale of corresponding modules. The Systems segment comprises the development and installation of photovoltaic systems, including both large-scale systems as well as medium-sized industrial and commercial systems. Geographically, the activities are functioned through the region of Germany.