PLLVF (Palladon Ventures) ROCE %: -10.28% (As of Nov. 2014)


What is Palladon Ventures ROCE %?

Palladon Ventures PLLVF ROCE % is -10.28% as of Nov. 2014.

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. Palladon Ventures's annualized ROCE % for the quarter that ended in Nov. 2014 was -10.28%.

Palladon Ventures  (OTCPK:PLLVF) 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.

Palladon Ventures ROCE % Related Terms

Palladon Ventures ROCE % Historical Data

* Premium members only.

The historical data trend for Palladon Ventures'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.

Palladon Ventures ROCE % Chart

Palladon Ventures Annual Data
Trend Feb05 Feb06 Feb07 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -155.50 -3.57 -2.09 -0.73 -0.70

Palladon Ventures Quarterly Data
Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14
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 -0.56 -0.94 -0.51 -1.34 -10.28

Palladon Ventures ROCE % Calculation

Palladon Ventures's annualized ROCE % for the fiscal year that ended in Feb. 2014 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Feb. 2014 )  (A: Feb. 2013 )(A: Feb. 2014 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Feb. 2014 )  (A: Feb. 2013 )(A: Feb. 2014 )
=-0.278/( ( (40.986 - 0.669) + (39.961 - 0.627) )/ 2 )
=-0.278/( (40.317+39.334)/ 2 )
=-0.278/39.8255
=-0.70 %

Palladon Ventures's ROCE % of for the quarter that ended in Nov. 2014 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Nov. 2014 )  (Q: Aug. 2014 )(Q: Nov. 2014 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Nov. 2014 )  (Q: Aug. 2014 )(Q: Nov. 2014 )
=-0.204/( ( (2.801 - 0.751) + (2.659 - 0.742) )/ 2 )
=-0.204/( ( 2.05 + 1.917 )/ 2 )
=-0.204/1.9835
=-10.28 %

(1) Note: The EBIT data used here is four times the quarterly (Nov. 2014) 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 -10.28% mean?
Palladon Ventures (PLLVF) has a ROCE % of -10.28% as of Nov. 2014.
Is Palladon Ventures' ROCE % too high?
Palladon Ventures' current ROCE % is -10.28%.
How does Palladon Ventures' ROCE % compare to DWSGF and AUXRF?
Palladon Ventures' ROCE % of -10.28% 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. Palladon Ventures's current ROCE % is -10.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Palladon Ventures stock overvalued right now?
Palladon Ventures (PLLVF) has a current ROCE % of -10.28%. The current ROCE % is -10.28%. 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 Palladon Ventures (PLLVF), the current ROCE % is -10.28% as of Nov. 2014. 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.

Palladon Ventures Business Description

Address Praesideo Management, 1590 West Park Circle, Suite 100, Pleasant View, UT, USA, 84404-6922
Palladon Ventures Ltd, through its subsidiary, is engaged in the business of mining iron ore and producing iron concentrate from a mine located in southwest Utah, United States.