Metrodome Group (LSE:3369) ROCE %: -70.18% (As of Dec. 2012)


What is Metrodome Group ROCE %?

Metrodome Group LSE:3369 -9.09% ROCE % is -70.18% as of Dec. 2012. The stock has 7 warning signs investors should review.

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. Metrodome Group's annualized ROCE % for the quarter that ended in Dec. 2012 was -70.18%.

Metrodome Group  (LSE:3369) 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.

Metrodome Group ROCE % Related Terms

Metrodome Group ROCE % Historical Data

* Premium members only.

The historical data trend for Metrodome Group'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.

Metrodome Group ROCE % Chart

Metrodome Group Annual Data
Trend Mar03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -27.14 9.04 -16.28 -914.07 0.00

Metrodome Group Semi-Annual Data
Mar03 Sep03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12
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 -19.37 1.55 -4,658.35 0.00 -70.18

Metrodome Group ROCE % Calculation

Metrodome Group's annualized ROCE % for the fiscal year that ended in Dec. 2012 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2012 )  (A: Dec. 2011 )(A: Dec. 2012 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2012 )  (A: Dec. 2011 )(A: Dec. 2012 )
=-0.72/( ( (16.317 - 19.61) + (10.047 - 9.373) )/ 2 )
=-0.72/( (-3.293+0.674)/ 2 )
=-0.72/-1.3095
=54.98 %

Metrodome Group's ROCE % of for the quarter that ended in Dec. 2012 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2012 )  (Q: Jun. 2012 )(Q: Dec. 2012 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2012 )  (Q: Jun. 2012 )(Q: Dec. 2012 )
=-1.08/( ( (10.996 - 8.592) + (10.047 - 9.373) )/ 2 )
=-1.08/( ( 2.404 + 0.674 )/ 2 )
=-1.08/1.539
=-70.18 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2012) 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 -70.18% mean?
Metrodome Group (LSE:3369) has a ROCE % of -70.18% as of Dec. 2012.
Is Metrodome Group's ROCE % too high?
Metrodome Group's current ROCE % is -70.18%.
How does Metrodome Group's ROCE % compare to competitors?
Metrodome Group's ROCE % of -70.18% can be compared against companies in the Media - Diversified industry. The industry median ROCE % is 3.10. 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 3.10, based on 988 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 Media - Diversified industry, the median ROCE % is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metrodome Group's current ROCE % is -70.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metrodome Group stock overvalued right now?
Metrodome Group (LSE:3369) has a current ROCE % of -70.18%. The current ROCE % is -70.18%. 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 Metrodome Group (LSE:3369), the current ROCE % is -70.18% as of Dec. 2012. 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.