THBD (Third Bench) ROCE %: 0.00% (As of May. 2024)


What is Third Bench ROCE %?

Third Bench THBD ROCE % is 0.00% as of May. 2024.

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. Third Bench's annualized ROCE % for the quarter that ended in May. 2024 was 0.00%.

Third Bench  (OTCPK:THBD) 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.

Third Bench ROCE % Related Terms

Third Bench ROCE % Historical Data

* Premium members only.

The historical data trend for Third Bench'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.

Third Bench ROCE % Chart

Third Bench Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15
ROCE %
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Third Bench Quarterly Data
Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Aug14 Aug15 May22 May23 May24
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

Third Bench ROCE % Calculation

Third Bench's annualized ROCE % for the fiscal year that ended in Aug. 2015 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Aug. 2015 )  (A: Aug. 2014 )(A: Aug. 2015 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Aug. 2015 )  (A: Aug. 2014 )(A: Aug. 2015 )
=0.017/( ( (0.006 - 0.906) + (0.001 - 1.222) )/ 2 )
=0.017/( (-0.9+-1.221)/ 2 )
=0.017/-1.0605
=-1.60 %

Third Bench's ROCE % of for the quarter that ended in May. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: May. 2024 )  (Q: May. 2023 )(Q: May. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: May. 2024 )  (Q: May. 2023 )(Q: May. 2024 )
=-5.668/( ( (8.495 - 9.377) + (6.119 - 9.563) )/ 2 )
=-5.668/( ( -0.882 + -3.444 )/ 2 )
=-5.668/-2.163
=0 %

(1) Note: The EBIT data used here is four times the quarterly (May. 2024) 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?
Third Bench (THBD) has a ROCE % of 0.00% as of May. 2024.
Is Third Bench's ROCE % too high?
Third Bench's current ROCE % is 0.00%.
How does Third Bench's ROCE % compare to SGI and SN?
Third Bench's ROCE % of 0.00% can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median ROCE % is 5.73. 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 Furnishings, Fixtures & Appliances company?
The median ROCE % among Furnishings, Fixtures & Appliances companies is 5.73, based on 430 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 Furnishings, Fixtures & Appliances industry, the median ROCE % is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Third Bench'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 Third Bench stock overvalued right now?
Third Bench (THBD) 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 Third Bench (THBD), the current ROCE % is 0.00% as of May. 2024. 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.

Third Bench Business Description

Address 710 North Post Oak, Suite 206, Houston, TX, USA, 77024
Third Bench Inc is a holding company. The company, along with its subsidiaries, offers products in categories: Residential Cabinets and countertops and commercial millwork throughout the Western U.S. for customers from California to Texas. It also provides installation services as a part of its vertical offering. Additionally, the company provides its products and services through its architectural millwork and retail facilities, located in Albuquerque and Las Cruces, New Mexico and Tucson, Arizona.