PXFG (Phoenix Footwear Group) ROCE %: -1.44% (As of Dec. 2023)


PXFG Phoenix Footwear Group Inc PXFG
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What is Phoenix Footwear Group ROCE %?

Phoenix Footwear Group PXFG +0.44% 12 ROCE % is -1.44% as of Dec. 2023. GuruFocus rates PXFG with a GF Score™ of 12/100.

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. Phoenix Footwear Group's annualized ROCE % for the quarter that ended in Dec. 2023 was -1.44%.

Phoenix Footwear Group  (OTCPK:PXFG) 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.

Phoenix Footwear Group ROCE % Related Terms

Phoenix Footwear Group ROCE % Historical Data

* Premium members only.

The historical data trend for Phoenix Footwear Group'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.

Phoenix Footwear Group ROCE % Chart

Phoenix Footwear Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.81 -0.36 88.19 74.73 -1.32

Phoenix Footwear Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 103.69 16.48 2.46 -31.85 -1.44
PXFG
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Phoenix Footwear Group Inc PXFG
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Phoenix Footwear Group ROCE % Calculation

Phoenix Footwear Group's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-0.046/( ( (17.666 - 12.554) + (14.958 - 13.113) )/ 2 )
=-0.046/( (5.112+1.845)/ 2 )
=-0.046/3.4785
=-1.32 %

Phoenix Footwear Group's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-0.028/( ( (15.526 - 13.476) + (14.958 - 13.113) )/ 2 )
=-0.028/( ( 2.05 + 1.845 )/ 2 )
=-0.028/1.9475
=-1.44 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 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 -1.44% mean?
Phoenix Footwear Group (PXFG) has a ROCE % of -1.44% as of Dec. 2023.
Is Phoenix Footwear Group's ROCE % too high?
Phoenix Footwear Group's current ROCE % is -1.44%. Overall, Phoenix Footwear Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Phoenix Footwear Group's ROCE % compare to GIII and JL?
Phoenix Footwear Group's ROCE % of -1.44% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.14. 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 Manufacturing - Apparel & Accessories company?
The median ROCE % among Manufacturing - Apparel & Accessories companies is 6.14, based on 1,041 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 Manufacturing - Apparel & Accessories industry, the median ROCE % is 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phoenix Footwear Group's current ROCE % is -1.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Footwear Group stock overvalued right now?
Phoenix Footwear Group (PXFG) has a current ROCE % of -1.44%. The current ROCE % is -1.44%. Phoenix Footwear Group's overall GF Score™ is 12/100. 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 Phoenix Footwear Group (PXFG), the current ROCE % is -1.44% as of Dec. 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.

Phoenix Footwear Group Business Description

Address 2236 Rutherford Road, Suite 113, Carlsbad, CA, USA, 92008
Phoenix Footwear Group Inc operates in the footwear industry. It is engaged in the manufacturing and distribution of footwear in a range of sizes and widths under the brand's Trotters, SoftWalk, Pendleton, Los Cabos, and Bueno. The company's distribution channels include specialty and independent retail stores, mail order catalogs, uniforms, and internet retailers. It also operates it's own direct-to-consumer internet retail business for all its brands.
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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