TUEMQ (Tuesday Morning) ROCE %: -47.92% (As of Sep. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Tuesday Morning ROCE %?

Tuesday Morning TUEMQ -99.00% ROCE % is -47.92% as of Sep. 2022.

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. Tuesday Morning's annualized ROCE % for the quarter that ended in Sep. 2022 was -47.92%.

Tuesday Morning  (OTCPK:TUEMQ) 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.

Tuesday Morning ROCE % Related Terms

Tuesday Morning ROCE % Historical Data

* Premium members only.

The historical data trend for Tuesday Morning'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.

Tuesday Morning ROCE % Chart

Tuesday Morning Annual Data
Trend Jun19 Jun20 Jun21 Jun22
ROCE %
0.00 -34.83 3.11 -20.77

Tuesday Morning Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -19.53 5.96 -25.92 -44.10 -47.92

Tuesday Morning ROCE % Calculation

Tuesday Morning'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 )
=-51.753/( ( (417.884 - 147.016) + (354.176 - 126.796) )/ 2 )
=-51.753/( (270.868+227.38)/ 2 )
=-51.753/249.124
=-20.77 %

Tuesday Morning's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=-103.948/( ( (354.176 - 126.796) + (340.835 - 134.374) )/ 2 )
=-103.948/( ( 227.38 + 206.461 )/ 2 )
=-103.948/216.9205
=-47.92 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2022) 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 -47.92% mean?
Tuesday Morning (TUEMQ) has a ROCE % of -47.92% as of Sep. 2022.
Is Tuesday Morning's ROCE % too high?
Tuesday Morning's current ROCE % is -47.92%.
How does Tuesday Morning's ROCE % compare to WMT and COST?
Tuesday Morning's ROCE % of -47.92% can be compared against companies in the Retail - Defensive industry. The industry median ROCE % is 9.45. 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 Retail - Defensive company?
The median ROCE % among Retail - Defensive companies is 9.45, based on 306 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 Retail - Defensive industry, the median ROCE % is 9.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tuesday Morning's current ROCE % is -47.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tuesday Morning stock overvalued right now?
Tuesday Morning (TUEMQ) has a current ROCE % of -47.92%. The current ROCE % is -47.92%. 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 Tuesday Morning (TUEMQ), the current ROCE % is -47.92% as of Sep. 2022. 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.

Tuesday Morning Business Description

Address 6250 LBJ Freeway, Dallas, TX, USA, 75240
Tuesday Morning Corp is a retail chain company. It specializes in both domestic and international closeouts of medium to high-end name brand gifts, luxury home textiles, home furnishings, housewares and seasonal decor.