Hellenic Dynamics (LSE:HELD) ROCE %: -186.73% (As of Sep. 2023)


What is Hellenic Dynamics ROCE %?

Hellenic Dynamics LSE:HELD ROCE % is -186.73% as of Sep. 2023.

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. Hellenic Dynamics's annualized ROCE % for the quarter that ended in Sep. 2023 was -186.73%.

Hellenic Dynamics  (LSE:HELD) 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.

Hellenic Dynamics ROCE % Related Terms

Hellenic Dynamics ROCE % Historical Data

* Premium members only.

The historical data trend for Hellenic Dynamics'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.

Hellenic Dynamics ROCE % Chart

Hellenic Dynamics Annual Data
Trend Dec19 Dec20
ROCE %
-31.40 -71.12

Hellenic Dynamics Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Sep23
ROCE % Get a 7-Day Free Trial 0.00 -192.38 -34.77 -55.74 -186.73

Hellenic Dynamics ROCE % Calculation

Hellenic Dynamics'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 )
=-0.197/( ( (0.567 - 0.223) + (0.951 - 0.741) )/ 2 )
=-0.197/( (0.344+0.21)/ 2 )
=-0.197/0.277
=-71.12 %

Hellenic Dynamics's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2022 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Jun. 2022 )(Q: Sep. 2023 )
=-1.914/( ( (1.184 - 0.643) + (1.93 - 0.905) )/ 2 )
=-1.914/( ( 0.541 + 1.025 )/ 2 )
=-1.914/0.783
=-244.44 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) 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 -186.73% mean?
Hellenic Dynamics (LSE:HELD) has a ROCE % of -186.73% as of Sep. 2023.
Is Hellenic Dynamics' ROCE % too high?
Hellenic Dynamics' current ROCE % is -186.73%.
How does Hellenic Dynamics' ROCE % compare to ZTS and NBIX?
Hellenic Dynamics' ROCE % of -186.73% can be compared against companies in the Drug Manufacturers industry. The industry median ROCE % is 7.00. 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 Drug Manufacturers company?
The median ROCE % among Drug Manufacturers companies is 7.00, based on 958 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 Drug Manufacturers industry, the median ROCE % is 7.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hellenic Dynamics's current ROCE % is -186.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hellenic Dynamics stock overvalued right now?
Hellenic Dynamics (LSE:HELD) has a current ROCE % of -186.73%. The current ROCE % is -186.73%. 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 Hellenic Dynamics (LSE:HELD), the current ROCE % is -186.73% as of Sep. 2023. 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.

Hellenic Dynamics Business Description

Address 3 Soothouse Spring, Suite 18 Stanta Business Centre, St. Albans, Hertfordshire, GBR, SW1A 1RN
Hellenic Dynamics PLC is engaged in the cultivation, and supply of tetrahydrocannabinol (THC) dominant strains of medical cannabis flowers, destined for the growing medical cannabis markets across Europe.