LMPX (LMP Automotive Holdings) ROCE %: 19.94% (As of Sep. 2021)


LMPX LMP Automotive Holdings Inc LMPX
18 GF Score
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What is LMP Automotive Holdings ROCE %?

LMP Automotive Holdings LMPX 18 ROCE % is 19.94% as of Sep. 2021. GuruFocus rates LMPX with a GF Score™ of 18/100.

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. LMP Automotive Holdings's annualized ROCE % for the quarter that ended in Sep. 2021 was 19.94%.

LMP Automotive Holdings  (OTCPK:LMPX) 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.

LMP Automotive Holdings ROCE % Related Terms

LMP Automotive Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for LMP Automotive 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.

LMP Automotive Holdings ROCE % Chart

LMP Automotive Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20
ROCE %
-55.63 -105.13 -30.27 -18.68

LMP Automotive Holdings Quarterly Data
Dec17 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 -7.29 -29.62 -5.47 1.67 19.94
LMPX
18GF Score
LMP Automotive Holdings Inc LMPX
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LMP Automotive Holdings ROCE % Calculation

LMP Automotive Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=-4.484/( ( (19.908 - 3.266) + (34.413 - 3.055) )/ 2 )
=-4.484/( (16.642+31.358)/ 2 )
=-4.484/24
=-18.68 %

LMP Automotive Holdings's ROCE % of for the quarter that ended in Sep. 2021 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2021 )  (Q: Jun. 2021 )(Q: Sep. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2021 )  (Q: Jun. 2021 )(Q: Sep. 2021 )
=29.328/( ( (222.813 - 76.678) + (214.236 - 66.139) )/ 2 )
=29.328/( ( 146.135 + 148.097 )/ 2 )
=29.328/147.116
=19.94 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2021) 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 19.94% mean?
LMP Automotive Holdings (LMPX) has a ROCE % of 19.94% as of Sep. 2021.
Is LMP Automotive Holdings' ROCE % too high?
LMP Automotive Holdings' current ROCE % is 19.94%. The Vehicles & Parts industry median ROCE % is 7.94. LMP Automotive Holdings' value of 19.94% is 151.1% above this industry median. Overall, LMP Automotive Holdings has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does LMP Automotive Holdings' ROCE % compare to LOTZ and JZXN?
LMP Automotive Holdings' ROCE % of 19.94% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. LMP Automotive Holdings' value of 19.94% is 151.1% 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 Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.94, based on 1,318 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. LMP Automotive Holdings's current ROCE % of 19.94% is 151.1% 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 Vehicles & Parts industry, the median ROCE % is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LMP Automotive Holdings's current ROCE % is 19.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LMP Automotive Holdings stock overvalued right now?
LMP Automotive Holdings (LMPX) has a current ROCE % of 19.94%. The current ROCE % is 19.94% and 151.1% above the Vehicles & Parts industry median of 7.94. LMP Automotive Holdings' overall GF Score™ is 18/100. 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 LMP Automotive Holdings (LMPX), the current ROCE % is 19.94% as of Sep. 2021. 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.

LMP Automotive Holdings Business Description

Address 500 East Broward Boulevard, Suite 1900, Fort Lauderdale, FL, USA, 33394
LMP Automotive Holdings Inc is an e-commerce and facilities-based retail platform for consumers who desire to buy, sell, rent, subscribe for or finance pre-owned and new automobiles. Its business model is described as Buy, Rent or Subscribe, Sell and Repeat. The company offer sales of pre-owned automobiles, and rentals and subscriptions for both pre-owned and new automobiles.
18GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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