NWMH (National Waste Management Holdings) ROCE %: -7.10% (As of Mar. 2017)


What is National Waste Management Holdings ROCE %?

National Waste Management Holdings NWMH ROCE % is -7.10% as of Mar. 2017.

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. National Waste Management Holdings's annualized ROCE % for the quarter that ended in Mar. 2017 was -7.10%.

National Waste Management Holdings  (OTCPK:NWMH) 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.

National Waste Management Holdings ROCE % Related Terms

National Waste Management Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for National Waste Management Holdings'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.

National Waste Management Holdings ROCE % Chart

National Waste Management Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16
ROCE %
0.00 32.91 21.13 -2.60 -4.70

National Waste Management Holdings Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 -1.24 -0.40 1.10 -18.49 -7.10

National Waste Management Holdings ROCE % Calculation

National Waste Management Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2016 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=-0.431/( ( (10.676 - 1.564) + (10.324 - 1.108) )/ 2 )
=-0.431/( (9.112+9.216)/ 2 )
=-0.431/9.164
=-4.70 %

National Waste Management Holdings's ROCE % of for the quarter that ended in Mar. 2017 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2017 )  (Q: Dec. 2016 )(Q: Mar. 2017 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2017 )  (Q: Dec. 2016 )(Q: Mar. 2017 )
=-0.656/( ( (10.324 - 1.108) + (10.497 - 1.232) )/ 2 )
=-0.656/( ( 9.216 + 9.265 )/ 2 )
=-0.656/9.2405
=-7.10 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2017) 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 -7.10% mean?
National Waste Management Holdings (NWMH) has a ROCE % of -7.10% as of Mar. 2017.
Is National Waste Management Holdings' ROCE % too high?
National Waste Management Holdings' current ROCE % is -7.10%.
How does National Waste Management Holdings' ROCE % compare to ECMT and QPWR?
National Waste Management Holdings' ROCE % of -7.10% can be compared against companies in the Waste Management industry. The industry median ROCE % is 5.89. 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 Waste Management company?
The median ROCE % among Waste Management companies is 5.89, based on 238 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 Waste Management industry, the median ROCE % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Waste Management Holdings's current ROCE % is -7.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Waste Management Holdings stock overvalued right now?
National Waste Management Holdings (NWMH) has a current ROCE % of -7.10%. The current ROCE % is -7.10%. 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 National Waste Management Holdings (NWMH), the current ROCE % is -7.10% as of Mar. 2017. 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.

National Waste Management Holdings Business Description

Address 5920 North Florida Avenue, Hernando, FL, USA, 34442
National Waste Management Holdings Inc is a solid waste management company. Its service offerings include construction and demolition landfill services, transfer station services, as well as roll-off dumpster services and mulch products for sale, including topsoil. It primarily serves municipal, institutional, commercial and industrial customers.