Angel Biotechnology Holdings (LSE:ABH) ROCE %: -583.96% (As of Sep. 2012)


What is Angel Biotechnology Holdings ROCE %?

Angel Biotechnology Holdings LSE:ABH ROCE % is -583.96% as of Sep. 2012. The stock has 2 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. Angel Biotechnology Holdings's annualized ROCE % for the quarter that ended in Sep. 2012 was -583.96%.

Angel Biotechnology Holdings  (LSE:ABH) 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.

Angel Biotechnology Holdings ROCE % Related Terms

Angel Biotechnology Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for Angel Biotechnology 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.

Angel Biotechnology Holdings ROCE % Chart

Angel Biotechnology Holdings Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec07 Dec08 Dec09 Dec10 Mar12
ROCE %
Get a 7-Day Free Trial Premium Member Only -58.90 0.00 0.00 0.00 -125.72

Angel Biotechnology Holdings Semi-Annual Data
Jun05 Dec05 Jun06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Mar12 Sep12
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 0.00 0.00 -46.91 0.00 -583.96

Angel Biotechnology Holdings ROCE % Calculation

Angel Biotechnology Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2012 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2012 )  (A: Dec. 2010 )(A: Mar. 2012 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2012 )  (A: Dec. 2010 )(A: Mar. 2012 )
=-1.266/( ( (1.568 - 1.493) + (2.699 - 0.76) )/ 2 )
=-1.266/( (0.075+1.939)/ 2 )
=-1.266/1.007
=-125.72 %

Angel Biotechnology Holdings's ROCE % of for the quarter that ended in Sep. 2012 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2012 )  (Q: Mar. 2012 )(Q: Sep. 2012 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2012 )  (Q: Mar. 2012 )(Q: Sep. 2012 )
=-5.714/( ( (2.699 - 0.76) + (2.482 - 2.464) )/ 2 )
=-5.714/( ( 1.939 + 0.018 )/ 2 )
=-5.714/0.9785
=-583.96 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 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 -583.96% mean?
Angel Biotechnology Holdings (LSE:ABH) has a ROCE % of -583.96% as of Sep. 2012.
Is Angel Biotechnology Holdings' ROCE % too high?
Angel Biotechnology Holdings' current ROCE % is -583.96%.
How does Angel Biotechnology Holdings' ROCE % compare to competitors?
Angel Biotechnology Holdings' ROCE % of -583.96% can be compared against companies in the Biotechnology industry. 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 Biotechnology company?
A good ROCE % depends on the Biotechnology industry context. 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. Angel Biotechnology Holdings's current ROCE % is -583.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Angel Biotechnology Holdings stock overvalued right now?
Angel Biotechnology Holdings (LSE:ABH) has a current ROCE % of -583.96%. The current ROCE % is -583.96%. 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 Angel Biotechnology Holdings (LSE:ABH), the current ROCE % is -583.96% as of Sep. 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.