PPJE (PPJ Healthcare Enterprises) ROCE %: 5.95% (As of Dec. 2009)


What is PPJ Healthcare Enterprises ROCE %?

PPJ Healthcare Enterprises PPJE -98.00% ROCE % is 5.95% as of Dec. 2009.

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. PPJ Healthcare Enterprises's annualized ROCE % for the quarter that ended in Dec. 2009 was 5.95%.

PPJ Healthcare Enterprises  (OTCPK:PPJE) 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.

PPJ Healthcare Enterprises ROCE % Related Terms

PPJ Healthcare Enterprises ROCE % Historical Data

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The historical data trend for PPJ Healthcare Enterprises'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.

PPJ Healthcare Enterprises ROCE % Chart

PPJ Healthcare Enterprises Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
ROCE %
Get a 7-Day Free Trial 0.00 0.00 -337.45 0.00 5.95

PPJ Healthcare Enterprises Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
ROCE % Get a 7-Day Free Trial 0.00 0.00 -337.45 0.00 5.95

PPJ Healthcare Enterprises ROCE % Calculation

PPJ Healthcare Enterprises's annualized ROCE % for the fiscal year that ended in Dec. 2009 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2009 )  (A: Dec. 2008 )(A: Dec. 2009 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2009 )  (A: Dec. 2008 )(A: Dec. 2009 )
=0.124/( ( (4.754 - 3.18) + (5.443 - 2.848) )/ 2 )
=0.124/( (1.574+2.595)/ 2 )
=0.124/2.0845
=5.95 %

PPJ Healthcare Enterprises's ROCE % of for the quarter that ended in Dec. 2009 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2009 )  (Q: Dec. 2008 )(Q: Dec. 2009 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2009 )  (Q: Dec. 2008 )(Q: Dec. 2009 )
=0.124/( ( (4.754 - 3.18) + (5.443 - 2.848) )/ 2 )
=0.124/( ( 1.574 + 2.595 )/ 2 )
=0.124/2.0845
=5.95 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2009) 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 5.95% mean?
PPJ Healthcare Enterprises (PPJE) has a ROCE % of 5.95% as of Dec. 2009.
Is PPJ Healthcare Enterprises' ROCE % too high?
PPJ Healthcare Enterprises' current ROCE % is 5.95%. The Healthcare Providers & Services industry median ROCE % is 6.41. PPJ Healthcare Enterprises' value of 5.95% is 7.2% below this industry median.
How does PPJ Healthcare Enterprises' ROCE % compare to LOGQ and MDFI?
PPJ Healthcare Enterprises' ROCE % of 5.95% can be compared against companies in the Healthcare Providers & Services industry. The industry median ROCE % is 6.41. PPJ Healthcare Enterprises' value of 5.95% is 7.2% below this benchmark. 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 Healthcare Providers & Services company?
The median ROCE % among Healthcare Providers & Services companies is 6.41, based on 648 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. PPJ Healthcare Enterprises's current ROCE % of 5.95% is 7.2% below the industry median. 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 Healthcare Providers & Services industry, the median ROCE % is 6.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PPJ Healthcare Enterprises's current ROCE % is 5.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PPJ Healthcare Enterprises stock overvalued right now?
PPJ Healthcare Enterprises (PPJE) has a current ROCE % of 5.95%. The current ROCE % is 5.95% and 7.2% below the Healthcare Providers & Services industry median of 6.41. 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 PPJ Healthcare Enterprises (PPJE), the current ROCE % is 5.95% as of Dec. 2009. 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.

PPJ Healthcare Enterprises Business Description

Address 402 Jackson Street, Suite 2340, Tampa, FL, USA, 33602
PPJ Healthcare Enterprises Inc engages in joint venturing with doctors in setting up new practices, marketing, and management of pain management practices and blood culture labs. The company also engages in the development and testing of medical marijuana, medical cannabis products, and medical billing specialties in anesthesiology. The projects of the company include automated biller, medical billing service, pain management center, and Lab testing.