MGAG (Mortgage Oil) ROCE %: 139.64% (As of Jun. 2023)


MGAG Mortgage Oil Corp MGAG
12 GF Score
Price $300.00
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What is Mortgage Oil ROCE %?

Mortgage Oil MGAG 12 ROCE % is 139.64% as of Jun. 2023. GuruFocus rates MGAG with a GF Score™ of 12/100.

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. Mortgage Oil's annualized ROCE % for the quarter that ended in Jun. 2023 was 139.64%.

Mortgage Oil  (OTCPK:MGAG) 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.

Mortgage Oil ROCE % Related Terms

Mortgage Oil ROCE % Historical Data

* Premium members only.

The historical data trend for Mortgage Oil'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.

Mortgage Oil ROCE % Chart

Mortgage Oil Annual Data
Trend Dec19 Dec20 Dec21 Dec22
ROCE %
-22.96 5.99 64.55 197.00

Mortgage Oil Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 163.80 0.00 0.00 550.70 139.64
MGAG
12GF Score
Mortgage Oil Corp MGAG
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mortgage Oil ROCE % Calculation

Mortgage Oil's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=0.656/( ( (0.656 - 0.029) + (0.17 - 0.131) )/ 2 )
=0.656/( (0.627+0.039)/ 2 )
=0.656/0.333
=197.00 %

Mortgage Oil's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=0.62/( ( (0.444 - 0.268) + (0.825 - 0.113) )/ 2 )
=0.62/( ( 0.176 + 0.712 )/ 2 )
=0.62/0.444
=139.64 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 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 139.64% mean?
Mortgage Oil (MGAG) has a ROCE % of 139.64% as of Jun. 2023.
Is Mortgage Oil's ROCE % too high?
Mortgage Oil's current ROCE % is 139.64%. The Real Estate industry median ROCE % is 4.66. Mortgage Oil's value of 139.64% is 2896.6% above this industry median. Overall, Mortgage Oil has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Mortgage Oil's ROCE % compare to AOXY and PACQF?
Mortgage Oil's ROCE % of 139.64% can be compared against companies in the Real Estate industry. The industry median ROCE % is 4.66. Mortgage Oil's value of 139.64% is 2896.6% above this benchmark. 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 Real Estate company?
The median ROCE % among Real Estate companies is 4.66, based on 1,755 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. Mortgage Oil's current ROCE % of 139.64% is 2896.6% above the industry median. 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 Real Estate industry, the median ROCE % is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mortgage Oil's current ROCE % is 139.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mortgage Oil stock overvalued right now?
Mortgage Oil (MGAG) has a current ROCE % of 139.64%. The current ROCE % is 139.64% and 2896.6% above the Real Estate industry median of 4.66. Mortgage Oil's overall GF Score™ is 12/100. 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 Mortgage Oil (MGAG), the current ROCE % is 139.64% as of Jun. 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.

Mortgage Oil Business Description

Address 400 South Hope Street, Suite 1100, Los Angeles, CA, USA, 90071
Mortgage Oil Corp invests in limited partnerships and limited liability companies owning multi-family residential apartment complexes and industrial real estate in the United States. The organization also invests in limited liability companies owning private equity investments.
12GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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