PRXM (Proxim Wireless) ROCE %: -56.28% (As of Mar. 2010)


What is Proxim Wireless ROCE %?

Proxim Wireless PRXM ROCE % is -56.28% as of Mar. 2010.

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. Proxim Wireless's annualized ROCE % for the quarter that ended in Mar. 2010 was -56.28%.

Proxim Wireless  (OTCPK:PRXM) 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.

Proxim Wireless ROCE % Related Terms

Proxim Wireless ROCE % Historical Data

* Premium members only.

The historical data trend for Proxim Wireless'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.

Proxim Wireless ROCE % Chart

Proxim Wireless Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.37 -33.60 -45.79 -76.51 -56.68

Proxim Wireless Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Dec09 Mar10
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 -111.99 -31.82 2.19 0.00 -56.28

Proxim Wireless ROCE % Calculation

Proxim Wireless'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 )
=-6.443/( ( (24.337 - 12.272) + (19.857 - 9.186) )/ 2 )
=-6.443/( (12.065+10.671)/ 2 )
=-6.443/11.368
=-56.68 %

Proxim Wireless's ROCE % of for the quarter that ended in Mar. 2010 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2010 )  (Q: Dec. 2009 )(Q: Mar. 2010 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2010 )  (Q: Dec. 2009 )(Q: Mar. 2010 )
=-5.636/( ( (19.857 - 9.186) + (18.291 - 8.934) )/ 2 )
=-5.636/( ( 10.671 + 9.357 )/ 2 )
=-5.636/10.014
=-56.28 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2010) 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 -56.28% mean?
Proxim Wireless (PRXM) has a ROCE % of -56.28% as of Mar. 2010.
Is Proxim Wireless' ROCE % too high?
Proxim Wireless' current ROCE % is -56.28%.
How does Proxim Wireless' ROCE % compare to OSAT and GTXO?
Proxim Wireless' ROCE % of -56.28% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.83. 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 Hardware company?
The median ROCE % among Hardware companies is 5.83, based on 2,445 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 Hardware industry, the median ROCE % is 5.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Proxim Wireless's current ROCE % is -56.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Proxim Wireless stock overvalued right now?
Proxim Wireless (PRXM) has a current ROCE % of -56.28%. The current ROCE % is -56.28%. 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 Proxim Wireless (PRXM), the current ROCE % is -56.28% as of Mar. 2010. 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.

Proxim Wireless Business Description

Address 2114 Ringwood Avenue, San Jose, CA, USA, 95131
Proxim Wireless Corp provides solutions for broadband wireless networks for enterprises, governments, and service providers. Its systems enable a variety of wireless applications, including security and surveillance, VoIP, last-mile access, enterprise LAN, and point-to-point backhaul. The company's product offerings include the Edge 1000 series of wireless broadband solutions; the Stratum series of 5 GHz and 6 GHz fixed wireless solutions for point-to-point and point-to-multipoint connectivity; ORiNOCO AP-9200R, an IP67-rated outdoor access point; ProximVision, a cloud-enabled carrier management system and WLAN controller; and Link calculator and estimator tools. Proxim serves customers through distributors, value-added resellers, system integrators, and original equipment manufacturers.