JMIH (Jupiter Marine International Holdings) ROCE %: 24.85% (As of Oct. 2007)


What is Jupiter Marine International Holdings ROCE %?

Jupiter Marine International Holdings JMIH ROCE % is 24.85% as of Oct. 2007.

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. Jupiter Marine International Holdings's annualized ROCE % for the quarter that ended in Oct. 2007 was 24.85%.

Jupiter Marine International Holdings  (OTCPK:JMIH) 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.

Jupiter Marine International Holdings ROCE % Related Terms

Jupiter Marine International Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for Jupiter Marine International Holdings'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.

Jupiter Marine International Holdings ROCE % Chart

Jupiter Marine International Holdings Annual Data
Trend Jul01 Jul03 Jul04 Jul05 Jul06 Jul07
ROCE %
Get a 7-Day Free Trial 56.61 53.03 36.11 36.23 -21.61

Jupiter Marine International Holdings Quarterly Data
Jul01 Oct01 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07
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 6.22 -3.96 -11.63 -80.61 24.85

Jupiter Marine International Holdings ROCE % Calculation

Jupiter Marine International Holdings's annualized ROCE % for the fiscal year that ended in Jul. 2007 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jul. 2007 )  (A: Jul. 2006 )(A: Jul. 2007 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jul. 2007 )  (A: Jul. 2006 )(A: Jul. 2007 )
=-0.526/( ( (5.471 - 2.145) + (4.094 - 2.553) )/ 2 )
=-0.526/( (3.326+1.541)/ 2 )
=-0.526/2.4335
=-21.61 %

Jupiter Marine International Holdings's ROCE % of for the quarter that ended in Oct. 2007 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Oct. 2007 )  (Q: Jul. 2007 )(Q: Oct. 2007 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Oct. 2007 )  (Q: Jul. 2007 )(Q: Oct. 2007 )
=0.392/( ( (4.094 - 2.553) + (4.91 - 3.296) )/ 2 )
=0.392/( ( 1.541 + 1.614 )/ 2 )
=0.392/1.5775
=24.85 %

(1) Note: The EBIT data used here is four times the quarterly (Oct. 2007) 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 24.85% mean?
Jupiter Marine International Holdings (JMIH) has a ROCE % of 24.85% as of Oct. 2007.
Is Jupiter Marine International Holdings' ROCE % too high?
Jupiter Marine International Holdings' current ROCE % is 24.85%. The Travel & Leisure industry median ROCE % is 6.08. Jupiter Marine International Holdings' value of 24.85% is 309.1% above this industry median.
How does Jupiter Marine International Holdings' ROCE % compare to GBBT and MLFB?
Jupiter Marine International Holdings' ROCE % of 24.85% can be compared against companies in the Travel & Leisure industry. The industry median ROCE % is 6.08. Jupiter Marine International Holdings' value of 24.85% is 309.1% 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 Travel & Leisure company?
The median ROCE % among Travel & Leisure companies is 6.08, based on 838 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. Jupiter Marine International Holdings's current ROCE % of 24.85% is 309.1% 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 Travel & Leisure industry, the median ROCE % is 6.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jupiter Marine International Holdings's current ROCE % is 24.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jupiter Marine International Holdings stock overvalued right now?
Jupiter Marine International Holdings (JMIH) has a current ROCE % of 24.85%. The current ROCE % is 24.85% and 309.1% above the Travel & Leisure industry median of 6.08. 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 Jupiter Marine International Holdings (JMIH), the current ROCE % is 24.85% as of Oct. 2007. 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.

Jupiter Marine International Holdings Business Description

Address 1103 12th Avenue East, Palmetto, FL, USA, 34221
Jupiter Marine International Holdings Inc designs, manufactures and markets sport fishing boats like Jupiter 26, Jupiter 34, 340LS, 380LS and others. Geographically the business activities are carried out through Palmetto, Florida.