Draganfly Investments (LSE:DRG) ROCE %: -207.22% (As of Oct. 2017)


What is Draganfly Investments ROCE %?

Draganfly Investments LSE:DRG ROCE % is -207.22% as of Oct. 2017. The stock has 5 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. Draganfly Investments's annualized ROCE % for the quarter that ended in Oct. 2017 was -207.22%.

Draganfly Investments  (LSE:DRG) 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.

Draganfly Investments ROCE % Related Terms

Draganfly Investments ROCE % Historical Data

* Premium members only.

The historical data trend for Draganfly Investments'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.

Draganfly Investments ROCE % Chart

Draganfly Investments Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.05 -16.61 -61.14 -93.02 -197.75

Draganfly Investments Semi-Annual Data
Oct09 Apr10 Oct10 Apr11 Oct11 Apr12 Oct12 Apr13 Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17
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 -66.98 -130.37 -173.44 36.36 -207.22

Draganfly Investments ROCE % Calculation

Draganfly Investments's annualized ROCE % for the fiscal year that ended in Apr. 2017 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Apr. 2017 )  (A: Apr. 2016 )(A: Apr. 2017 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Apr. 2017 )  (A: Apr. 2016 )(A: Apr. 2017 )
=-0.088/( ( (0.065 - 0.019) + (0.068 - 0.025) )/ 2 )
=-0.088/( (0.046+0.043)/ 2 )
=-0.088/0.0445
=-197.75 %

Draganfly Investments's ROCE % of for the quarter that ended in Oct. 2017 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Oct. 2017 )  (Q: Apr. 2017 )(Q: Oct. 2017 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Oct. 2017 )  (Q: Apr. 2017 )(Q: Oct. 2017 )
=-0.402/( ( (0.068 - 0.025) + (0.361 - 0.016) )/ 2 )
=-0.402/( ( 0.043 + 0.345 )/ 2 )
=-0.402/0.194
=-207.22 %

(1) Note: The EBIT data used here is two times the semi-annual (Oct. 2017) 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 -207.22% mean?
Draganfly Investments (LSE:DRG) has a ROCE % of -207.22% as of Oct. 2017.
Is Draganfly Investments' ROCE % too high?
Draganfly Investments' current ROCE % is -207.22%.
How does Draganfly Investments' ROCE % compare to competitors?
Draganfly Investments' ROCE % of -207.22% can be compared against companies in the Asset Management industry. The industry median ROCE % is 4.39. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Asset Management company?
The median ROCE % among Asset Management companies is 4.39, based on 707 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 Asset Management industry, the median ROCE % is 4.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Draganfly Investments's current ROCE % is -207.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Draganfly Investments stock overvalued right now?
Draganfly Investments (LSE:DRG) has a current ROCE % of -207.22%. The current ROCE % is -207.22%. 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 Draganfly Investments (LSE:DRG), the current ROCE % is -207.22% as of Oct. 2017. 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.

Draganfly Investments Business Description

Draganfly Investments Ltd is a part of the financial services sector in the United Kingdom. The key activities of the company include investment trading and holding a small portfolio of investments. The company's objective is that the funding of investment assets is primarily met from shareholders' funds. Draganfly Investments focus on a wide range of economic sector for investment opportunities.