Internix (TSE:2657) ROCE %: 2.46% (As of Sep. 2012)


What is Internix ROCE %?

Internix TSE:2657 ROCE % is 2.46% as of Sep. 2012. The stock has 1 warning sign 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. Internix's annualized ROCE % for the quarter that ended in Sep. 2012 was 2.46%.

Internix  (TSE:2657) 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.

Internix ROCE % Related Terms

Internix ROCE % Historical Data

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The historical data trend for Internix'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.

Internix ROCE % Chart

Internix Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12
ROCE %
3.75 -2.23 -0.96 4.14 2.28

Internix Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
ROCE % Get a 7-Day Free Trial 2.77 0.46 1.27 2.68 2.46

Internix ROCE % Calculation

Internix's annualized ROCE % for the fiscal year that ended in Mar. 2012 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2012 )  (A: Mar. 2011 )(A: Mar. 2012 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2012 )  (A: Mar. 2011 )(A: Mar. 2012 )
=234.934/( ( (13921.791 - 3635.329) + (13592.124 - 3244.636) )/ 2 )
=234.934/( (10286.462+10347.488)/ 2 )
=234.934/10316.975
=2.28 %

Internix's ROCE % of for the quarter that ended in Sep. 2012 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2012 )  (Q: Jun. 2012 )(Q: Sep. 2012 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2012 )  (Q: Jun. 2012 )(Q: Sep. 2012 )
=251.12/( ( (14067.255 - 3892.056) + (13663.57 - 3435.533) )/ 2 )
=251.12/( ( 10175.199 + 10228.037 )/ 2 )
=251.12/10201.618
=2.46 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2012) 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 2.46% mean?
Internix (TSE:2657) has a ROCE % of 2.46% as of Sep. 2012.
Is Internix's ROCE % too high?
Internix's current ROCE % is 2.46%. The Semiconductors industry median ROCE % is 4.81. Internix's value of 2.46% is 48.8% below this industry median.
How does Internix's ROCE % compare to competitors?
Internix's ROCE % of 2.46% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 4.81. Internix's value of 2.46% is 48.8% below this benchmark. 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 Semiconductors company?
The median ROCE % among Semiconductors companies is 4.81, based on 1,018 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. Internix's current ROCE % of 2.46% is 48.8% below the industry median. 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 Semiconductors industry, the median ROCE % is 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Internix's current ROCE % is 2.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Internix stock overvalued right now?
Internix (TSE:2657) has a current ROCE % of 2.46%. The current ROCE % is 2.46% and 48.8% below the Semiconductors industry median of 4.81. 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 Internix (TSE:2657), the current ROCE % is 2.46% as of Sep. 2012. 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.