NEFAZ PTC (MIC:NFAZ) ROCE %: -6.35% (As of Dec. 2023)


MIC:NFAZ NEFAZ PTC MIC:NFAZ
17 GF Score
Price ₽159.00
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What is NEFAZ PTC ROCE %?

NEFAZ PTC MIC:NFAZ -4.79% 17 ROCE % is -6.35% as of Dec. 2023. GuruFocus rates MIC:NFAZ with a GF Score™ of 17/100.

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. NEFAZ PTC's annualized ROCE % for the quarter that ended in Dec. 2023 was -6.35%.

NEFAZ PTC  (MIC:NFAZ) 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.

NEFAZ PTC ROCE % Related Terms

NEFAZ PTC ROCE % Historical Data

* Premium members only.

The historical data trend for NEFAZ PTC'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.

NEFAZ PTC ROCE % Chart

NEFAZ PTC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.42 142.73 120.52 70.49 12.17

NEFAZ PTC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 -7.49 0.00 0.00 20.42 -6.35
MIC:NFAZ
17GF Score
NEFAZ PTC MIC:NFAZ
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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NEFAZ PTC ROCE % Calculation

NEFAZ PTC's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=308.776/( ( (0 - 0) + (19622.058 - 17084.481) )/ 1 )
=308.776/( (0+2537.577)/ 1 )
=308.776/2537.577
=12.17 %

NEFAZ PTC's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-161.54/( ( (25359.507 - 22810.011) + (19622.058 - 17084.481) )/ 2 )
=-161.54/( ( 2549.496 + 2537.577 )/ 2 )
=-161.54/2543.5365
=-6.35 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 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 -6.35% mean?
NEFAZ PTC (MIC:NFAZ) has a ROCE % of -6.35% as of Dec. 2023.
Is NEFAZ PTC's ROCE % too high?
NEFAZ PTC's current ROCE % is -6.35%. Overall, NEFAZ PTC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does NEFAZ PTC's ROCE % compare to TSLA and GM?
NEFAZ PTC's ROCE % of -6.35% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. 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 Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.94, based on 1,319 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 Vehicles & Parts industry, the median ROCE % is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NEFAZ PTC's current ROCE % is -6.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEFAZ PTC stock overvalued right now?
NEFAZ PTC (MIC:NFAZ) has a current ROCE % of -6.35%. The current ROCE % is -6.35%. NEFAZ PTC's overall GF Score™ is 17/100. 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 NEFAZ PTC (MIC:NFAZ), the current ROCE % is -6.35% as of Dec. 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.

NEFAZ PTC Business Description

Address 3 Ul Yanaulskaya, Neftekamsky, RUS, 452680
NEFAZ PTC is engaged in the manufacture of passenger buses, tank-loading equipment, trailers and semi-trailers, and spare parts.
17GF 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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