STACF (Portex Minerals) ROCE %: 0.00% (As of Jun. 2016)


What is Portex Minerals ROCE %?

Portex Minerals STACF ROCE % is 0.00% as of Jun. 2016.

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. Portex Minerals's annualized ROCE % for the quarter that ended in Jun. 2016 was 0.00%.

Portex Minerals  (OTCPK:STACF) 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.

Portex Minerals ROCE % Related Terms

Portex Minerals ROCE % Historical Data

* Premium members only.

The historical data trend for Portex Minerals'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.

Portex Minerals ROCE % Chart

Portex Minerals Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
ROCE %
Get a 7-Day Free Trial Premium Member Only -218.46 -277.43 -369.28 -2,106.69 0.00

Portex Minerals Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 0.00 0.00 0.00 0.00 0.00

Portex Minerals ROCE % Calculation

Portex Minerals's annualized ROCE % for the fiscal year that ended in Sep. 2015 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2015 )  (A: Sep. 2014 )(A: Sep. 2015 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2015 )  (A: Sep. 2014 )(A: Sep. 2015 )
=-1.129/( ( (2.103 - 1.801) + (0.126 - 1.681) )/ 2 )
=-1.129/( (0.302+-1.555)/ 2 )
=-1.129/-0.6265
=180.21 %

Portex Minerals's ROCE % of for the quarter that ended in Jun. 2016 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2016 )  (Q: Mar. 2016 )(Q: Jun. 2016 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2016 )  (Q: Mar. 2016 )(Q: Jun. 2016 )
=0/( ( (0.032 - 0.392) + (0.033 - 0.403) )/ 2 )
=0/( ( -0.36 + -0.37 )/ 2 )
=0/-0.365
=0 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2016) 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 0.00% mean?
Portex Minerals (STACF) has a ROCE % of 0.00% as of Jun. 2016.
Is Portex Minerals' ROCE % too high?
Portex Minerals' current ROCE % is 0.00%.
How does Portex Minerals' ROCE % compare to competitors?
Portex Minerals' ROCE % of 0.00% 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. Portex Minerals'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 Portex Minerals stock overvalued right now?
Portex Minerals (STACF) 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 Portex Minerals (STACF), the current ROCE % is 0.00% as of Jun. 2016. 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.

Portex Minerals Business Description

Address 2 Bloor Street West, Suite 2000, Toronto, ON, CAN, M4W 3E2
Portex Minerals Inc is a mineral exploration and development company focused on the acquisition and development of mining projects in Europe and other low-risk jurisdictions.