MYLKF (The Planting Hope Co) ROCE %: -1,837.84% (As of Sep. 2023)


What is The Planting Hope Co ROCE %?

The Planting Hope Co MYLKF -99.99% ROCE % is -1,837.84% as of Sep. 2023.

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. The Planting Hope Co's annualized ROCE % for the quarter that ended in Sep. 2023 was -1,837.84%.

The Planting Hope Co  (OTCPK:MYLKF) 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.

The Planting Hope Co ROCE % Related Terms

The Planting Hope Co ROCE % Historical Data

* Premium members only.

The historical data trend for The Planting Hope 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.

The Planting Hope Co ROCE % Chart

The Planting Hope Co Annual Data
Trend Dec21 Dec22
ROCE %
0.00 0.00

The Planting Hope Co Quarterly Data
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 -6,514.90 -3,472.24 -315.79 0.00 -1,837.84

The Planting Hope Co ROCE % Calculation

The Planting Hope 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 )
=-6.274/( ( (7.592 - 11.382) + (9.841 - 7.257) )/ 2 )
=-6.274/( (-3.79+2.584)/ 2 )
=-6.274/-0.603
=1,040.46 %

The Planting Hope 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 )
=-9.52/( ( (0 - 0) + (7.864 - 7.346) )/ 1 )
=-9.52/( ( 0 + 0.518 )/ 1 )
=-9.52/0.518
=-1,837.84 %

(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 -1,837.84% mean?
The Planting Hope Co (MYLKF) has a ROCE % of -1,837.84% as of Sep. 2023.
Is The Planting Hope Co's ROCE % too high?
The Planting Hope Co's current ROCE % is -1,837.84%.
How does The Planting Hope Co's ROCE % compare to KHC and GIS?
The Planting Hope Co's ROCE % of -1,837.84% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROCE % is 8.78. 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 Consumer Packaged Goods company?
The median ROCE % among Consumer Packaged Goods companies is 8.78, based on 1,938 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 Consumer Packaged Goods industry, the median ROCE % is 8.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Planting Hope Co's current ROCE % is -1,837.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Planting Hope Co stock overvalued right now?
The Planting Hope Co (MYLKF) has a current ROCE % of -1,837.84%. The current ROCE % is -1,837.84%. 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 The Planting Hope Co (MYLKF), the current ROCE % is -1,837.84% 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.

The Planting Hope Co Business Description

Address 725 Granville Street, Suite 400, Vancouver, BC, CAN, V7Y 1G5
The Planting Hope Co Inc develops, launches, and scales plant-based, nutritious, and planet-friendly food and beverage brands across the United States and Canada. The company's products fill key unmet needs in the skyrocketing plant-based food and beverage space. It focuses on nutrition, sustainability, and diversity, with an ongoing mission. Its brands include Hope and Sesame sesame milk, a sustainable dairy alternative that is nutritionally comparable to dairy milk; Mozaics real veggie chips, a popped alternative to fried potato chips featuring visible peas and beans as principal ingredients; Veggicopia single-serving plant-based dips cups and snack olives that have extended shelf-life, require no refrigeration and lowers the carbon footprint.