Abra Mining & Industrial (PHS:AR) ROCE %: -0.05% (As of Sep. 2020)


What is Abra Mining & Industrial ROCE %?

Abra Mining & Industrial PHS:AR ROCE % is -0.05% as of Sep. 2020.

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. Abra Mining & Industrial's annualized ROCE % for the quarter that ended in Sep. 2020 was -0.05%.

Abra Mining & Industrial  (PHS:AR) 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.

Abra Mining & Industrial ROCE % Related Terms

Abra Mining & Industrial ROCE % Historical Data

* Premium members only.

The historical data trend for Abra Mining & Industrial'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.

Abra Mining & Industrial ROCE % Chart

Abra Mining & Industrial Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.22 -0.16 -0.16 -0.16 -0.16

Abra Mining & Industrial Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 -0.21 -0.11 -0.13 -0.04 -0.05

Abra Mining & Industrial ROCE % Calculation

Abra Mining & Industrial's annualized ROCE % for the fiscal year that ended in Dec. 2019 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2019 )  (A: Dec. 2018 )(A: Dec. 2019 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2019 )  (A: Dec. 2018 )(A: Dec. 2019 )
=-2.803/( ( (1759.562 - 0.858) + (1775.022 - 0.973) )/ 2 )
=-2.803/( (1758.704+1774.049)/ 2 )
=-2.803/1766.3765
=-0.16 %

Abra Mining & Industrial's ROCE % of for the quarter that ended in Sep. 2020 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2020 )  (Q: Jun. 2020 )(Q: Sep. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2020 )  (Q: Jun. 2020 )(Q: Sep. 2020 )
=-0.96/( ( (1777.159 - 0.904) + (1777.863 - 0.868) )/ 2 )
=-0.96/( ( 1776.255 + 1776.995 )/ 2 )
=-0.96/1776.625
=-0.05 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2020) 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 -0.05% mean?
Abra Mining & Industrial (PHS:AR) has a ROCE % of -0.05% as of Sep. 2020.
Is Abra Mining & Industrial's ROCE % too high?
Abra Mining & Industrial's current ROCE % is -0.05%.
How does Abra Mining & Industrial's ROCE % compare to competitors?
Abra Mining & Industrial's ROCE % of -0.05% can be compared against companies in the Metals & Mining industry. 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 Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. 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. Abra Mining & Industrial's current ROCE % is -0.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abra Mining & Industrial stock overvalued right now?
Abra Mining & Industrial (PHS:AR) has a current ROCE % of -0.05%. The current ROCE % is -0.05%. 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 Abra Mining & Industrial (PHS:AR), the current ROCE % is -0.05% as of Sep. 2020. 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.

Abra Mining & Industrial Business Description

Address 103 West Avenue, Jabel Business Center, Brgy. Bungad, Quezon, QUE, PHL, 1104
Abra Mining & Industrial Corp is a Philippines-based mineral exploration company. The principal business activities of the company are exploration, development, exploitation, manufacture and sale of cement and metal concentrate, building materials, and other minerals. In addition, it is also involved in the processing and manufacture of non-metals for industrial and commercial purposes. The firm's projects include Capcapo Copper-Gold, Bucay Iron Sand, Baticang Limestone, Patok Gold- Copper, and SanVig iron sand project.