TORM (TOR Minerals International) ROCE %: -4.29% (As of Dec. 2017)

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TORM TOR Minerals International Inc TORM
12 GF Score
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What is TOR Minerals International ROCE %?

TOR Minerals International TORM -1.83% 12 ROCE % is -4.29% as of Dec. 2017. GuruFocus rates TORM 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. TOR Minerals International's annualized ROCE % for the quarter that ended in Dec. 2017 was -4.29%.

TOR Minerals International  (OTCPK:TORM) 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.

TOR Minerals International ROCE % Related Terms

TOR Minerals International ROCE % Historical Data

* Premium members only.

The historical data trend for TOR Minerals International'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.

TOR Minerals International ROCE % Chart

TOR Minerals International Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.78 -0.97 -17.02 2.36 -4.29

TOR Minerals International Semi-Annual Data
Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
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 -4.78 -0.97 -17.02 2.36 -4.29
TORM
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TOR Minerals International Inc TORM
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TOR Minerals International ROCE % Calculation

TOR Minerals International's annualized ROCE % for the fiscal year that ended in Dec. 2017 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=-1.338/( ( (35.729 - 4.606) + (36.329 - 5.013) )/ 2 )
=-1.338/( (31.123+31.316)/ 2 )
=-1.338/31.2195
=-4.29 %

TOR Minerals International's ROCE % of for the quarter that ended in Dec. 2017 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2017 )  (Q: Dec. 2016 )(Q: Dec. 2017 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2017 )  (Q: Dec. 2016 )(Q: Dec. 2017 )
=-1.338/( ( (35.729 - 4.606) + (36.329 - 5.013) )/ 2 )
=-1.338/( ( 31.123 + 31.316 )/ 2 )
=-1.338/31.2195
=-4.29 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2017) 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 -4.29% mean?
TOR Minerals International (TORM) has a ROCE % of -4.29% as of Dec. 2017.
Is TOR Minerals International's ROCE % too high?
TOR Minerals International's current ROCE % is -4.29%. Overall, TOR Minerals International has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does TOR Minerals International's ROCE % compare to BGLC and CRKN?
TOR Minerals International's ROCE % of -4.29% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.57. 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 Chemicals company?
The median ROCE % among Chemicals companies is 6.57, based on 1,588 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 Chemicals industry, the median ROCE % is 6.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOR Minerals International's current ROCE % is -4.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOR Minerals International stock overvalued right now?
TOR Minerals International (TORM) has a current ROCE % of -4.29%. The current ROCE % is -4.29%. TOR Minerals International'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 TOR Minerals International (TORM), the current ROCE % is -4.29% as of Dec. 2017. 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.

TOR Minerals International Business Description

Address 711 N. Carancahua Street, Suite 1750, Corpus Christi, TX, USA, 78401
TOR Minerals International Inc is engaged in the manufacture and sale of mineral products for use as pigments and extenders, majorly in the manufacture of paints, industrial coatings plastics, and solid surface applications. It has a business presence in the U.S., Pacific Rim; Canada, Mexico and South/Central America; Europe, Africa and the Middle East countries. Some of its products are Aluprem, Hitox and Tioprem, BARTEX and Haltex, among others.
12GF Score

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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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