AJA Health and Wellness (TSXV:AJA) ROCE %: -1,794.90% (As of Sep. 2024)


What is AJA Health and Wellness ROCE %?

AJA Health and Wellness TSXV:AJA ROCE % is -1,794.90% as of Sep. 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. AJA Health and Wellness's annualized ROCE % for the quarter that ended in Sep. 2024 was -1,794.90%.

AJA Health and Wellness  (TSXV:AJA) 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.

AJA Health and Wellness ROCE % Related Terms

AJA Health and Wellness ROCE % Historical Data

* Premium members only.

The historical data trend for AJA Health and Wellness'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.

AJA Health and Wellness ROCE % Chart

AJA Health and Wellness Annual Data
Trend Dec22
ROCE %
0.00

AJA Health and Wellness Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROCE % Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 -1,794.90

AJA Health and Wellness ROCE % Calculation

AJA Health and Wellness's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: . 20 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: . 20 )(A: Dec. 2022 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

AJA Health and Wellness's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=-10.204/( ( (0.606 - 2.088) + (3.204 - 0.585) )/ 2 )
=-10.204/( ( -1.482 + 2.619 )/ 2 )
=-10.204/0.5685
=-1,794.90 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 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 -1,794.90% mean?
AJA Health and Wellness (TSXV:AJA) has a ROCE % of -1,794.90% as of Sep. 2024.
Is AJA Health and Wellness' ROCE % too high?
AJA Health and Wellness' current ROCE % is -1,794.90%.
How does AJA Health and Wellness' ROCE % compare to VEEV and GEHC?
AJA Health and Wellness' ROCE % of -1,794.90% can be compared against companies in the Healthcare Providers & Services industry. The industry median ROCE % is 6.41. 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 Healthcare Providers & Services company?
The median ROCE % among Healthcare Providers & Services companies is 6.41, based on 643 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 Healthcare Providers & Services industry, the median ROCE % is 6.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AJA Health and Wellness's current ROCE % is -1,794.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AJA Health and Wellness stock overvalued right now?
AJA Health and Wellness (TSXV:AJA) has a current ROCE % of -1,794.90%. The current ROCE % is -1,794.90%. 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 AJA Health and Wellness (TSXV:AJA), the current ROCE % is -1,794.90% as of Sep. 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.

AJA Health and Wellness Business Description

Address 1199 West Pender Street, Suite 680, Vancouver, BC, CAN, V6E 2R1
AJA Health and Wellness Inc is engaged in operating a telemedicine platform and full-service travel clinics, offering health insurance options, employee benefit packages, and natural skincare and pain relief products.