MIXE (Mixie Technologies) ROCE %: 38.56% (As of Mar. 2022)

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What is Mixie Technologies ROCE %?

Mixie Technologies MIXE -5.26% ROCE % is 38.56% as of Mar. 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. Mixie Technologies's annualized ROCE % for the quarter that ended in Mar. 2022 was 38.56%.

Mixie Technologies  (OTCPK:MIXE) 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.

Mixie Technologies ROCE % Related Terms

Mixie Technologies ROCE % Historical Data

* Premium members only.

The historical data trend for Mixie Technologies'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.

Mixie Technologies ROCE % Chart

Mixie Technologies Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21
ROCE %
0.00 0.00 -65.64 -97.77 -196.99

Mixie Technologies Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 -139.73 -247.51 -67.31 -346.71 38.56

Mixie Technologies ROCE % Calculation

Mixie Technologies'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 )
=-8.575/( ( (11.04 - 4.614) + (8.714 - 6.434) )/ 2 )
=-8.575/( (6.426+2.28)/ 2 )
=-8.575/4.353
=-196.99 %

Mixie Technologies's ROCE % of for the quarter that ended in Mar. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=0.928/( ( (8.714 - 6.434) + (8.774 - 6.241) )/ 2 )
=0.928/( ( 2.28 + 2.533 )/ 2 )
=0.928/2.4065
=38.56 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2022) 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 38.56% mean?
Mixie Technologies (MIXE) has a ROCE % of 38.56% as of Mar. 2022.
Is Mixie Technologies' ROCE % too high?
Mixie Technologies' current ROCE % is 38.56%. The Software industry median ROCE % is 5.29. Mixie Technologies' value of 38.56% is 628.9% above this industry median.
How does Mixie Technologies' ROCE % compare to THCT and IGPK?
Mixie Technologies' ROCE % of 38.56% can be compared against companies in the Software industry. The industry median ROCE % is 5.29. Mixie Technologies' value of 38.56% is 628.9% 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 Software company?
The median ROCE % among Software companies is 5.29, based on 2,719 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. Mixie Technologies's current ROCE % of 38.56% is 628.9% 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 Software industry, the median ROCE % is 5.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mixie Technologies's current ROCE % is 38.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mixie Technologies stock overvalued right now?
Mixie Technologies (MIXE) has a current ROCE % of 38.56%. The current ROCE % is 38.56% and 628.9% above the Software industry median of 5.29. 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 Mixie Technologies (MIXE), the current ROCE % is 38.56% as of Mar. 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.

Mixie Technologies Business Description

Address 1500 N. Grant St, Ste R, Denver, CO, USA, 80203
Pure Harvest Corporate Group Inc is currently operating as a business consulting services company. It operates as a technology-focused platform engaged in the acquisition, development, and integration of digital assets and intellectual property. Its current centers on identifying and acquiring scalable technology platforms and related intellectual property that can be developed, commercialized, or licensed across multiple industries. The Company's operations are focused on building an integrated ecosystem of digital solutions, including software platforms, media technologies, and data-driven applications, with an emphasis on long-term value creation through strategic acquisitions and partnerships.