PGID (Peregrine Industries) ROCE %: -24.64% (As of Apr. 2024)

What is Peregrine Industries ROCE %?

Peregrine Industries PGID ROCE % is -24.64% as of Apr. 2024.

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. Peregrine Industries's annualized ROCE % for the quarter that ended in Apr. 2024 was -24.64%.

Peregrine Industries (OTCPK:PGID) 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.

Peregrine Industries ROCE % Related Terms

Peregrine Industries ROCE % Historical Data

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The historical data trend for Peregrine Industries'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.

Peregrine Industries ROCE % Chart

Peregrine Industries Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jul20

Jul21

Jul22

Jul23

ROCE %

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0.00

-93.16

-15.19

-18.94

-26.77

Peregrine Industries Quarterly Data
	Jun19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
ROCE %	Get a 7-Day Free Trial															-51.48	-15.14	-18.23	-15.30	-24.64

Peregrine Industries ROCE % Calculation

Peregrine Industries's annualized ROCE % for the fiscal year that ended in Jul. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	-0.393	/	( ( (1.69 - 0.03)	+	(1.295 - 0.019) )	/ 2 )
	=	-0.393	/	( (1.66	+	1.276)	/ 2 )
	=	-0.393	/	1.468
	=	-26.77 %

Peregrine Industries's ROCE % of for the quarter that ended in Apr. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Apr. 2024 )		(Q: Jan. 2024 )		(Q: Apr. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Apr. 2024 )		(Q: Jan. 2024 )		(Q: Apr. 2024 )
	=	-0.284	/	( ( (1.191 - 0.011)	+	(1.131 - 0.006) )	/ 2 )
	=	-0.284	/	( ( 1.18	+	1.125 )	/ 2 )
	=	-0.284	/	1.1525
	=	-24.64 %

(1) Note: The EBIT data used here is four times the quarterly (Apr. 2024) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -24.64% mean?

Peregrine Industries (PGID) has a ROCE % of -24.64% as of Apr. 2024.

Is Peregrine Industries' ROCE % too high?

Peregrine Industries' current ROCE % is -24.64%.

How does Peregrine Industries' ROCE % compare to SKVI and SNBH?

Peregrine Industries' ROCE % of -24.64% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROCE % is 8.74. 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 8.74, based on 1,937 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 8.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Peregrine Industries's current ROCE % is -24.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Peregrine Industries stock overvalued right now?

Peregrine Industries (PGID) has a current ROCE % of -24.64%. The current ROCE % is -24.64%. 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 Peregrine Industries (PGID), the current ROCE % is -24.64% as of Apr. 2024. 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.

Peregrine Industries Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies SKVI SNBH XAGE TANH BMXC PURE PG XPAR:OR LSE:ULVR CL BOM:500696 KMB LSE:RKT KVUE XTER:HEN3 XTER:BEI CHD EL TSE:4452 OSTO:ESSITY B

Address 4525 West Reno Avenue, Suite A5, Las Vegas, NV, USA, 89118

Website http://www.peregrineindustries.com.au

Peregrine Industries Inc is a shell company.