HQGE (HQ Global Education) ROCE %: 33.10% (As of Nov. 2011)

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What is HQ Global Education ROCE %?

HQ Global Education HQGE ROCE % is 33.10% as of Nov. 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. HQ Global Education's annualized ROCE % for the quarter that ended in Nov. 2011 was 33.10%.

HQ Global Education  (OTCPK:HQGE) 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.

HQ Global Education ROCE % Related Terms

HQ Global Education ROCE % Historical Data

* Premium members only.

The historical data trend for HQ Global Education'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.

HQ Global Education ROCE % Chart

HQ Global Education Annual Data
Trend Feb08 Feb09 Aug10
ROCE %
-150.00 -108.33 65.83

HQ Global Education Quarterly Data
Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11
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 49.65 37.40 35.23 10.64 33.10

HQ Global Education ROCE % Calculation

HQ Global Education's annualized ROCE % for the fiscal year that ended in Aug. 2010 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Aug. 2010 )  (A: Feb. 2009 )(A: Aug. 2010 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Aug. 2010 )  (A: Feb. 2009 )(A: Aug. 2010 )
=13.677/( ( (0.018 - 0) + (46.556 - 5.023) )/ 2 )
=13.677/( (0.018+41.533)/ 2 )
=13.677/20.7755
=65.83 %

HQ Global Education's ROCE % of for the quarter that ended in Nov. 2011 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Nov. 2011 )  (Q: Aug. 2011 )(Q: Nov. 2011 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Nov. 2011 )  (Q: Aug. 2011 )(Q: Nov. 2011 )
=22.248/( ( (69.346 - 5.118) + (79.732 - 9.527) )/ 2 )
=22.248/( ( 64.228 + 70.205 )/ 2 )
=22.248/67.2165
=33.10 %

(1) Note: The EBIT data used here is four times the quarterly (Nov. 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 33.10% mean?
HQ Global Education (HQGE) has a ROCE % of 33.10% as of Nov. 2011.
Is HQ Global Education's ROCE % too high?
HQ Global Education's current ROCE % is 33.10%. The Media - Diversified industry median ROCE % is 3.21. HQ Global Education's value of 33.10% is 931.2% above this industry median.
How does HQ Global Education's ROCE % compare to BKIT and BIEI?
HQ Global Education's ROCE % of 33.10% can be compared against companies in the Media - Diversified industry. The industry median ROCE % is 3.21. HQ Global Education's value of 33.10% is 931.2% above 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 Media - Diversified company?
The median ROCE % among Media - Diversified companies is 3.21, based on 978 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. HQ Global Education's current ROCE % of 33.10% is 931.2% above 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 Media - Diversified industry, the median ROCE % is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HQ Global Education's current ROCE % is 33.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HQ Global Education stock overvalued right now?
HQ Global Education (HQGE) has a current ROCE % of 33.10%. The current ROCE % is 33.10% and 931.2% above the Media - Diversified industry median of 3.21. 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 HQ Global Education (HQGE), the current ROCE % is 33.10% as of Nov. 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.

HQ Global Education Business Description

Address 333 City Boulevard West, Suite 1700, Orange, CA, USA, 92868
HQ Global Education Inc is a provider of comprehensive film and TV production services. The company offers a wide array of film and TV production resources for small Indie productions through to full theatrical projects. Its products and services include film and television; producing; financing; and optioning.