Maistro (LSE:MAIS) ROCE % : -155.93% (As of Dec. 2018)

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What is Maistro ROCE %?

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. Maistro's annualized ROCE % for the quarter that ended in Dec. 2018 was -155.93%.

Maistro ROCE % Historical Data

The historical data trend for Maistro'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.

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Maistro ROCE % Chart

Maistro Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

ROCE %

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-72.19

-71.91

-71.93

-68.60

-111.24

Maistro Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18
ROCE %	Get a 7-Day Free Trial										-71.93	-106.78	-62.74	-99.42	-155.93

Maistro ROCE % Calculation

Maistro's annualized ROCE % for the fiscal year that ended in Dec. 2018 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	-3.064	/	( ( (4.387 - 0.924)	+	(3.161 - 1.115) )	/ 2 )
	=	-3.064	/	( (3.463	+	2.046)	/ 2 )
	=	-3.064	/	2.7545
	=	-111.24 %

Maistro's ROCE % of for the quarter that ended in Dec. 2018 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2018 )		(Q: Jun. 2018 )		(Q: Dec. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2018 )		(Q: Jun. 2018 )		(Q: Dec. 2018 )
	=	-3.312	/	( ( (2.978 - 0.776)	+	(3.161 - 1.115) )	/ 2 )
	=	-3.312	/	( ( 2.202	+	2.046 )	/ 2 )
	=	-3.312	/	2.124
	=	-155.93 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2018) EBIT data.

Maistro (LSE:MAIS) 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.

Maistro ROCE % Related Terms

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Maistro (LSE:MAIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Maistro PLC (LSE:MAIS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Babbage Way, 1A, Grow On Building, Science Park, Clyst Honiton, Exeter, Devon, GBR, EX5 2FN

Website

https://www.maistro.com

Maistro PLC operates an enterprise services platform that helps organizations eliminated the waste and inefficiency inherent in traditional purchasing of business services. It provides cloud-based software and managed services to create an end to end solution that includes sourcing, supplier short listing, contract and project management through to payment processing and reporting. The firm has the provision of services segment. It derives revenue from Buyer plans, Buyer premium services, Buyer market intelligence tools, Service provider subscriptions and Project revenue. The company operates mainly in UK and US.

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