INTO (Initio) ROCE %: 5.59% (As of Jan. 2003)


What is Initio ROCE %?

Initio INTO ROCE % is 5.59% as of Jan. 2003.

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. Initio's annualized ROCE % for the quarter that ended in Jan. 2003 was 5.59%.

Initio  (OTCPK:INTO) 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.

Initio ROCE % Related Terms

Initio ROCE % Historical Data

* Premium members only.

The historical data trend for Initio'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.

Initio ROCE % Chart

Initio Annual Data
Trend Apr94 Apr95 Apr96 Apr97 Apr98 Apr99 Apr00 Apr01
ROCE %
Get a 7-Day Free Trial -4.84 -2.65 -1.13 11.45 15.19

Initio Quarterly Data
Apr98 Jul98 Oct98 Jan99 Apr99 Jul99 Oct99 Jan00 Apr00 Jul00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03
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 6.63 5.51 7.12 6.96 5.59

Initio ROCE % Calculation

Initio's annualized ROCE % for the fiscal year that ended in Apr. 2001 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Apr. 2001 )  (A: Apr. 2000 )(A: Apr. 2001 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Apr. 2001 )  (A: Apr. 2000 )(A: Apr. 2001 )
=1.268/( ( (9.739 - 0) + (6.96 - 0) )/ 2 )
=1.268/( (9.739+6.96)/ 2 )
=1.268/8.3495
=15.19 %

Initio's ROCE % of for the quarter that ended in Jan. 2003 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jan. 2003 )  (Q: Oct. 2002 )(Q: Jan. 2003 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jan. 2003 )  (Q: Oct. 2002 )(Q: Jan. 2003 )
=0.272/( ( (4.904 - 0) + (4.835 - 0) )/ 2 )
=0.272/( ( 4.904 + 4.835 )/ 2 )
=0.272/4.8695
=5.59 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 2003) 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 5.59% mean?
Initio (INTO) has a ROCE % of 5.59% as of Jan. 2003.
Is Initio's ROCE % too high?
Initio's current ROCE % is 5.59%. The Business Services industry median ROCE % is 8.88. Initio's value of 5.59% is 37% below this industry median.
How does Initio's ROCE % compare to DCAC and STWC?
Initio's ROCE % of 5.59% can be compared against companies in the Business Services industry. The industry median ROCE % is 8.88. Initio's value of 5.59% is 37% 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. Initio's current ROCE % of 5.59% is 37% 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. Initio's current ROCE % is 5.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Initio stock overvalued right now?
Initio (INTO) has a current ROCE % of 5.59%. The current ROCE % is 5.59% and 37% 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 Initio (INTO), the current ROCE % is 5.59% as of Jan. 2003. 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.

Initio Business Description

Address 350 West Passaic Street, Suite No. 2, Rochelle Park, NJ, USA, 07662
Initio Inc is engaged in the provision of management and consulting services. It is also engaged in investing and trading shares of publicly owned securities.