African Copper (LSE:ACU) ROCE %: 0.00% (As of Sep. 2014)

What is African Copper ROCE %?

African Copper LSE:ACU +10.00% ROCE % is 0.00% as of Sep. 2014. The stock has 4 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. African Copper's annualized ROCE % for the quarter that ended in Sep. 2014 was 0.00%.

African Copper (LSE:ACU) 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.

African Copper ROCE % Related Terms

African Copper ROCE % Historical Data

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The historical data trend for African Copper'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.

African Copper ROCE % Chart

African Copper Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Mar11

Mar12

Mar13

Mar14

ROCE %

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558.36

-4.23

-76.82

0.00

African Copper Semi-Annual Data
	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14
ROCE %	Get a 7-Day Free Trial														-91.39	0.00	0.00	0.00	0.00

African Copper ROCE % Calculation

African Copper's annualized ROCE % for the fiscal year that ended in Mar. 2014 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2014 )		(A: Mar. 2013 )		(A: Mar. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2014 )		(A: Mar. 2013 )		(A: Mar. 2014 )
	=	-15.166	/	( ( (59.142 - 68.279)	+	(41.368 - 69.074) )	/ 2 )
	=	-15.166	/	( (-9.137	+	-27.706)	/ 2 )
	=	-15.166	/	-18.4215
	=	82.33 %

African Copper's ROCE % of for the quarter that ended in Sep. 2014 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2014 )		(Q: Mar. 2014 )		(Q: Sep. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2014 )		(Q: Mar. 2014 )		(Q: Sep. 2014 )
	=	-4.958	/	( ( (41.368 - 69.074)	+	(47.298 - 74.312) )	/ 2 )
	=	-4.958	/	( ( -27.706	+	-27.014 )	/ 2 )
	=	-4.958	/	-27.36
	=	0 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2014) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 0.00% mean?

African Copper (LSE:ACU) has a ROCE % of 0.00% as of Sep. 2014.

Is African Copper's ROCE % too high?

African Copper's current ROCE % is 0.00%.

How does African Copper's ROCE % compare to competitors?

African Copper's ROCE % of 0.00% can be compared against companies in the Metals & Mining 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 Metals & Mining company?

A good ROCE % depends on the Metals & Mining 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. African Copper's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is African Copper stock overvalued right now?

African Copper (LSE:ACU) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. 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 African Copper (LSE:ACU), the current ROCE % is 0.00% as of Sep. 2014. 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.

African Copper Business Description

Industry Basic Materials Metals & Mining

Comparable Companies LTS:0MB2 LSE:ATYM LTS:0K7F LTS:0RQ9 LTS:0P6E LTS:0O8D

Website http://www.africancopper.com

African Copper PLC was incorporated on February 11, 2004 in England and Wales. The Company is engaged in the exploration for, development and mining of, copper deposits in the Republic of Botswana. Its main activity is that of a holding company. Its main project is the copper producing open pit Mowana mine. The Company's wholly-owned subsidiary Messina holds the Dukwe Project comprising exploration licence PL 33/2005, with an area of 139.6 km2. The Dukwe Project with its associated licences encompasses the Mowana Mine and all current estimated mineral resources and reserves associated with the mine; together with north and south extensions of mineralization that lie outside of the Mowana Mine licence area. It also owns the rights to the adjacent Thakadu-Makala deposits and holds permits in exploration properties at the Matsitama Project which is contiguous to the southern boundary of the Mowana Mine.