Memstar Technology (SGX:5MS) ROCE %: 0.00% (As of Dec. 2019)

What is Memstar Technology ROCE %?

Memstar Technology SGX:5MS ROCE % is 0.00% as of Dec. 2019. The stock has 5 warning signs investors should review.

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. Memstar Technology's annualized ROCE % for the quarter that ended in Dec. 2019 was 0.00%.

Memstar Technology (SGX:5MS) 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.

Memstar Technology ROCE % Related Terms

Memstar Technology ROCE % Historical Data

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The historical data trend for Memstar Technology'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.

Memstar Technology ROCE % Chart

Memstar Technology Annual Data

Trend

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

ROCE %

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-0.99

-28.68

-61.66

0.00

Memstar Technology Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Sep19	Dec19
ROCE %	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

Memstar Technology ROCE % Calculation

Memstar Technology's annualized ROCE % for the fiscal year that ended in Jun. 2018 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2018 )		(A: Jun. 2017 )		(A: Jun. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2018 )		(A: Jun. 2017 )		(A: Jun. 2018 )
	=	-0.204	/	( ( (0.157 - 1.411)	+	(0.085 - 1.543) )	/ 2 )
	=	-0.204	/	( (-1.254	+	-1.458)	/ 2 )
	=	-0.204	/	-1.356
	=	15.04 %

Memstar Technology's ROCE % of for the quarter that ended in Dec. 2019 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2019 )		(Q: Sep. 2019 )		(Q: Dec. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2019 )		(Q: Sep. 2019 )		(Q: Dec. 2019 )
	=	-0.128	/	( ( (0.119 - 1.971)	+	(0.4 - 2.284) )	/ 2 )
	=	-0.128	/	( ( -1.852	+	-1.884 )	/ 2 )
	=	-0.128	/	-1.868
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2019) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 0.00% mean?

Memstar Technology (SGX:5MS) has a ROCE % of 0.00% as of Dec. 2019.

Is Memstar Technology's ROCE % too high?

Memstar Technology's current ROCE % is 0.00%.

How does Memstar Technology's ROCE % compare to competitors?

Memstar Technology's ROCE % of 0.00% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.08. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for an Industrial Products company?

The median ROCE % among Industrial Products companies is 7.08, based on 3,026 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 Industrial Products industry, the median ROCE % is 7.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Memstar Technology's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Memstar Technology stock overvalued right now?

Memstar Technology (SGX:5MS) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. 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 Memstar Technology (SGX:5MS), the current ROCE % is 0.00% as of Dec. 2019. 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.

Memstar Technology Business Description

Industry Industrials Industrial Products

Comparable Companies SGX:LS9 SGX:BLR SGX:BHK SGX:CEE

Address 11 Kian Teck Drive, Singapore, SGP, 628828

Website http://www.memstar.com.sg

Memstar Technology Ltd is engaged in research, manufacturing, and application development of polyvinylidene fluoride (PVDF) hollow fiber membrane technology. The company products include Hollow Fiber - UF and MBR; Reverse Osmosis (RO) and Direct Competitor Replacements.