Manroy (LSE:MANA) ROCE %: -49.09% (As of Mar. 2014)


What is Manroy ROCE %?

Manroy LSE:MANA ROCE % is -49.09% as of Mar. 2014. 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. Manroy's annualized ROCE % for the quarter that ended in Mar. 2014 was -49.09%.

Manroy  (LSE:MANA) 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.

Manroy ROCE % Related Terms

Manroy ROCE % Historical Data

* Premium members only.

The historical data trend for Manroy'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.

Manroy ROCE % Chart

Manroy Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13
ROCE %
-4.78 -17.46 22.78 -11.58 -50.06

Manroy Semi-Annual Data
Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14
ROCE % Get a 7-Day Free Trial -11.86 -11.52 -9.72 -86.20 -49.09

Manroy ROCE % Calculation

Manroy's annualized ROCE % for the fiscal year that ended in Sep. 2013 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2013 )  (A: Sep. 2012 )(A: Sep. 2013 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2013 )  (A: Sep. 2012 )(A: Sep. 2013 )
=-6.561/( ( (19.701 - 3.316) + (14.37 - 4.54) )/ 2 )
=-6.561/( (16.385+9.83)/ 2 )
=-6.561/13.1075
=-50.06 %

Manroy's ROCE % of for the quarter that ended in Mar. 2014 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2014 )  (Q: Sep. 2013 )(Q: Mar. 2014 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2014 )  (Q: Sep. 2013 )(Q: Mar. 2014 )
=-4.438/( ( (14.37 - 4.54) + (14.067 - 5.815) )/ 2 )
=-4.438/( ( 9.83 + 8.252 )/ 2 )
=-4.438/9.041
=-49.09 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2014) 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 -49.09% mean?
Manroy (LSE:MANA) has a ROCE % of -49.09% as of Mar. 2014.
Is Manroy's ROCE % too high?
Manroy's current ROCE % is -49.09%.
How does Manroy's ROCE % compare to DRNE and SDEV?
Manroy's ROCE % of -49.09% can be compared against companies in the Aerospace & Defense industry. The industry median ROCE % is 6.29. 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 Aerospace & Defense company?
The median ROCE % among Aerospace & Defense companies is 6.29, based on 350 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 Aerospace & Defense industry, the median ROCE % is 6.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manroy's current ROCE % is -49.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manroy stock overvalued right now?
Manroy (LSE:MANA) has a current ROCE % of -49.09%. The current ROCE % is -49.09%. 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 Manroy (LSE:MANA), the current ROCE % is -49.09% as of Mar. 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.

Manroy Business Description

Manroy PLC designs, manufactures, supplies and supports machine guns, mounts and associated products, including the 12.7mm M2 HMG and the 7.62mm General Purpose Machine Gun, M16, M4 and M5 weapons, Quick Change Barrel kits as well as weapon tripods and mounting systems. Its flagship product is the M2 HMG, which it has supplied to the MoD for approximately 26 years.