GCC Global Capital (TSXV:GCCC.H) ROCE %: -22.28% (As of Mar. 2023)


What is GCC Global Capital ROCE %?

GCC Global Capital TSXV:GCCC.H ROCE % is -22.28% as of Mar. 2023.

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. GCC Global Capital's annualized ROCE % for the quarter that ended in Mar. 2023 was -22.28%.

GCC Global Capital  (TSXV:GCCC.H) 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.

GCC Global Capital ROCE % Related Terms

GCC Global Capital ROCE % Historical Data

* Premium members only.

The historical data trend for GCC Global Capital'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.

GCC Global Capital ROCE % Chart

GCC Global Capital Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -41.93 -55.94 -88.00 -90.43 -34.22

GCC Global Capital Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -21.55 -61.20 -22.83 -26.47 -22.28

GCC Global Capital ROCE % Calculation

GCC Global Capital's annualized ROCE % for the fiscal year that ended in Jun. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2022 )  (A: Jun. 2021 )(A: Jun. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2022 )  (A: Jun. 2021 )(A: Jun. 2022 )
=-0.303/( ( (0.989 - 0.051) + (0.87 - 0.037) )/ 2 )
=-0.303/( (0.938+0.833)/ 2 )
=-0.303/0.8855
=-34.22 %

GCC Global Capital's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=-0.184/( ( (0.887 - 0.048) + (0.886 - 0.073) )/ 2 )
=-0.184/( ( 0.839 + 0.813 )/ 2 )
=-0.184/0.826
=-22.28 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2023) 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 -22.28% mean?
GCC Global Capital (TSXV:GCCC.H) has a ROCE % of -22.28% as of Mar. 2023.
Is GCC Global Capital's ROCE % too high?
GCC Global Capital's current ROCE % is -22.28%.
How does GCC Global Capital's ROCE % compare to HON and MMM?
GCC Global Capital's ROCE % of -22.28% can be compared against companies in the Conglomerates industry. The industry median ROCE % is 6.94. 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 Conglomerates company?
The median ROCE % among Conglomerates companies is 6.94, based on 558 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 Conglomerates industry, the median ROCE % is 6.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GCC Global Capital's current ROCE % is -22.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GCC Global Capital stock overvalued right now?
GCC Global Capital (TSXV:GCCC.H) has a current ROCE % of -22.28%. The current ROCE % is -22.28%. 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 GCC Global Capital (TSXV:GCCC.H), the current ROCE % is -22.28% as of Mar. 2023. 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.

GCC Global Capital Business Description

Address 2225-4871 Shell Road, Richmond, BC, CAN, V6X 3Z6
GCC Global Capital Corp is focused on real estate, natural resources sector and high-tech industries.