MCZAF (Mad Catz Interactive) ROCE %: -497.43% (As of Dec. 2016)

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What is Mad Catz Interactive ROCE %?

Mad Catz Interactive MCZAF -3.33% ROCE % is -497.43% as of Dec. 2016.

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. Mad Catz Interactive's annualized ROCE % for the quarter that ended in Dec. 2016 was -497.43%.

Mad Catz Interactive  (OTCPK:MCZAF) 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.

Mad Catz Interactive ROCE % Related Terms

Mad Catz Interactive ROCE % Historical Data

* Premium members only.

The historical data trend for Mad Catz Interactive'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.

Mad Catz Interactive ROCE % Chart

Mad Catz Interactive Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.81 -31.26 -43.51 -10.59 -79.03

Mad Catz Interactive Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 Premium Member Only Premium Member Only Premium Member Only 99.63 -367.50 -731.37 1,637.06 -497.43

Mad Catz Interactive ROCE % Calculation

Mad Catz Interactive's annualized ROCE % for the fiscal year that ended in Mar. 2016 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2016 )  (A: Mar. 2015 )(A: Mar. 2016 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2016 )  (A: Mar. 2015 )(A: Mar. 2016 )
=-9.085/( ( (47.492 - 29.676) + (55.003 - 49.829) )/ 2 )
=-9.085/( (17.816+5.174)/ 2 )
=-9.085/11.495
=-79.03 %

Mad Catz Interactive's ROCE % of for the quarter that ended in Dec. 2016 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2016 )  (Q: Sep. 2016 )(Q: Dec. 2016 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2016 )  (Q: Sep. 2016 )(Q: Dec. 2016 )
=-9.568/( ( (40.085 - 37.151) + (41.788 - 40.875) )/ 2 )
=-9.568/( ( 2.934 + 0.913 )/ 2 )
=-9.568/1.9235
=-497.43 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2016) 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 -497.43% mean?
Mad Catz Interactive (MCZAF) has a ROCE % of -497.43% as of Dec. 2016.
Is Mad Catz Interactive's ROCE % too high?
Mad Catz Interactive's current ROCE % is -497.43%.
How does Mad Catz Interactive's ROCE % compare to ECRP?
Mad Catz Interactive's ROCE % of -497.43% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.90. 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 Hardware company?
The median ROCE % among Hardware companies is 5.90, based on 2,451 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 Hardware industry, the median ROCE % is 5.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mad Catz Interactive's current ROCE % is -497.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mad Catz Interactive stock overvalued right now?
Mad Catz Interactive (MCZAF) has a current ROCE % of -497.43%. The current ROCE % is -497.43%. 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 Mad Catz Interactive (MCZAF), the current ROCE % is -497.43% as of Dec. 2016. 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.

Mad Catz Interactive Business Description

Address 181 Bay Street, Suite 4400, Toronto, ON, CAN, M5J 2T3
Mad Catz Interactive Inc is a Canadian company which is engaged in designing, manufacturing, marketing and distributing interactive entertainment products marketed under Mad Catz (gaming), Tritton (audio), and Saitek (simulation) brands. The company's products include headsets, mice, keyboards, controllers, specialty controllers, and other accessories. It caters to gamers and simulation enthusiast across multiple platforms including in-home gaming consoles, handheld gaming consoles, PC (Personal Computers) and Mac computers, smartphones, tablets and other smart devices. The company distributes its products through various retailers around the globe. Mad Catz derives the majority of its revenue from Americas.