PLBLF (Altus Copper) ROCE %: -316.17% (As of Jun. 2023)


What is Altus Copper ROCE %?

Altus Copper PLBLF ROCE % is -316.17% as of Jun. 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. Altus Copper's annualized ROCE % for the quarter that ended in Jun. 2023 was -316.17%.

Altus Copper  (OTCPK:PLBLF) 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.

Altus Copper ROCE % Related Terms

Altus Copper ROCE % Historical Data

* Premium members only.

The historical data trend for Altus Copper'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.

Altus Copper ROCE % Chart

Altus Copper Annual Data
Trend Dec20 Dec21 Dec22
ROCE %
0.00 -461.12 -159.40

Altus Copper Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -147.16 -198.35 -308.27 -199.04 -316.17

Altus Copper ROCE % Calculation

Altus Copper'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 )
=-3.015/( ( (3.834 - 0.557) + (0.71 - 0.204) )/ 2 )
=-3.015/( (3.277+0.506)/ 2 )
=-3.015/1.8915
=-159.40 %

Altus Copper's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=-0.792/( ( (0.448 - 0.118) + (0.282 - 0.111) )/ 2 )
=-0.792/( ( 0.33 + 0.171 )/ 2 )
=-0.792/0.2505
=-316.17 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 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 -316.17% mean?
Altus Copper (PLBLF) has a ROCE % of -316.17% as of Jun. 2023.
Is Altus Copper's ROCE % too high?
Altus Copper's current ROCE % is -316.17%.
How does Altus Copper's ROCE % compare to TTCFQ and BSFC?
Altus Copper's ROCE % of -316.17% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROCE % is 8.75. 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 8.75, based on 1,933 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 8.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altus Copper's current ROCE % is -316.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altus Copper stock overvalued right now?
Altus Copper (PLBLF) has a current ROCE % of -316.17%. The current ROCE % is -316.17%. 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 Altus Copper (PLBLF), the current ROCE % is -316.17% as of Jun. 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.

Altus Copper Business Description

Address 1095 W Pender Street, Suite 750, Vancouver, BC, CAN, V6E 2M6
Altus Copper Corp formerly Plantable Health Inc offers a lifestyle change program that uses the foundations of behavioral psychology, neuroscience, and nutritional science to transform health and wellness and promote healthy weight loss by facilitating, supporting, and empowering customers through the introduction to and adoption of a plant-centric diet. The meal plans offered by the company include The Reboot, The Quickstart and A La Carte.