MAXD (Max Sound) ROCE %: 0.00% (As of Jun. 2022)

What is Max Sound ROCE %?

Max Sound MAXD -90.00% ROCE % is 0.00% as of Jun. 2022.

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. Max Sound's annualized ROCE % for the quarter that ended in Jun. 2022 was 0.00%.

Max Sound (OTCPK:MAXD) 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.

Max Sound ROCE % Related Terms

Max Sound ROCE % Historical Data

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The historical data trend for Max Sound'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.

Max Sound ROCE % Chart

Max Sound Annual Data

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ROCE %

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Max Sound Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
ROCE %	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

Max Sound ROCE % Calculation

Max Sound's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	-0.378	/	( ( (0 - 12.653)	+	(0 - 13.768) )	/ 2 )
	=	-0.378	/	( (-12.653	+	-13.768)	/ 2 )
	=	-0.378	/	-13.2105
	=	2.86 %

Max Sound's ROCE % of for the quarter that ended in Jun. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2022 )		(Q: Mar. 2022 )		(Q: Jun. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2022 )		(Q: Mar. 2022 )		(Q: Jun. 2022 )
	=	-0.356	/	( ( (0 - 14.149)	+	(0 - 14.275) )	/ 2 )
	=	-0.356	/	( ( -14.149	+	-14.275 )	/ 2 )
	=	-0.356	/	-14.212
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2022) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 0.00% mean?

Max Sound (MAXD) has a ROCE % of 0.00% as of Jun. 2022.

Is Max Sound's ROCE % too high?

Max Sound's current ROCE % is 0.00%.

How does Max Sound's ROCE % compare to ABQQ and IWSY?

Max Sound's ROCE % of 0.00% can be compared against companies in the Software industry. The industry median ROCE % is 5.18. 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 Software company?

The median ROCE % among Software companies is 5.18, based on 2,710 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 Software industry, the median ROCE % is 5.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Max Sound'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 Max Sound stock overvalued right now?

Max Sound (MAXD) 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 Max Sound (MAXD), the current ROCE % is 0.00% as of Jun. 2022. 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.

Max Sound Business Description

Industry Technology Software

Comparable Companies ABQQ IWSY RETC FSSN ALDS IONI LAIXY LAAB ASFT AVOI CRM INTU XTER:SAP NOW XPAR:DSY UBER TEAM TSX:SHOP WDAY ADSK

Address 3525 Del Mar Heights Road, No. 802, San Diego, CA, USA, 92130

Website https://www.maxd.audio

Max Sound Corp sells, and licenses products and services based on its patent MAX-D HD Audio Technology for sound recording and playback that improves the listener's experience. The MAXD-D HD Audio Technology converts audio files into high definition sound without increasing the file size. Its products and services are provided to various markets including motion picture, music recording, video game, broadcasting, internet video and audio, automobile infotainment systems, and consumer electronics. The company derives its revenue by licensing its MAX-D technology.