MGHL (Morgan Group Holding Co) ROCE %: -70.60% (As of Sep. 2023)


MGHL Morgan Group Holding Co MGHL
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What is Morgan Group Holding Co ROCE %?

Morgan Group Holding Co MGHL 12 ROCE % is -70.60% as of Sep. 2023. GuruFocus rates MGHL 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. Morgan Group Holding Co's annualized ROCE % for the quarter that ended in Sep. 2023 was -70.60%.

Morgan Group Holding Co  (OTCPK:MGHL) 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.

Morgan Group Holding Co ROCE % Related Terms

Morgan Group Holding Co ROCE % Historical Data

* Premium members only.

The historical data trend for Morgan Group Holding Co'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.

Morgan Group Holding Co ROCE % Chart

Morgan Group Holding Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -77.33 -77.97 -30.68 -41.08 -36.70

Morgan Group Holding Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -33.70 -9.82 -56.64 -93.80 -70.60
MGHL
12GF Score
Morgan Group Holding Co MGHL
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Morgan Group Holding Co ROCE % Calculation

Morgan Group Holding Co'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 )
=-0.94/( ( (4.324 - 1.288) + (3.418 - 1.331) )/ 2 )
=-0.94/( (3.036+2.087)/ 2 )
=-0.94/2.5615
=-36.70 %

Morgan Group Holding Co's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=-0.928/( ( (2.517 - 1.087) + (1.965 - 0.766) )/ 2 )
=-0.928/( ( 1.43 + 1.199 )/ 2 )
=-0.928/1.3145
=-70.60 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 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 -70.60% mean?
Morgan Group Holding Co (MGHL) has a ROCE % of -70.60% as of Sep. 2023.
Is Morgan Group Holding Co's ROCE % too high?
Morgan Group Holding Co's current ROCE % is -70.60%. Overall, Morgan Group Holding Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Morgan Group Holding Co's ROCE % compare to CCTL and VTXB?
Morgan Group Holding Co's ROCE % of -70.60% can be compared against companies in the Capital Markets industry. The industry median ROCE % is 5.58. 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 Capital Markets company?
The median ROCE % among Capital Markets companies is 5.58, based on 690 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 Capital Markets industry, the median ROCE % is 5.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morgan Group Holding Co's current ROCE % is -70.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morgan Group Holding Co stock overvalued right now?
Morgan Group Holding Co (MGHL) has a current ROCE % of -70.60%. The current ROCE % is -70.60%. Morgan Group Holding Co'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 Morgan Group Holding Co (MGHL), the current ROCE % is -70.60% as of Sep. 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.

Morgan Group Holding Co Business Description

Address 401 Theodore Fremd Avenue, Rye, NY, USA, 10580
Morgan Group Holding Co through its wholly own subsidiary operates in institutional research and securities brokerage business. It provides underwriting and institutional research services. The firm derives revenue from institutional research services, underwriting fees and selling concessions. The company operates in one business segment, which generates brokerage commission revenues from securities transactions executed on an agency basis on behalf of institutional clients and mutual funds, private wealth management clients, and retail customers of affiliated companies.
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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