UMAX (Umax Group) ROCE %: -60.47% (As of Apr. 2018)


What is Umax Group ROCE %?

Umax Group UMAX -99.50% ROCE % is -60.47% as of Apr. 2018.

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. Umax Group's annualized ROCE % for the quarter that ended in Apr. 2018 was -60.47%.

Umax Group  (OTCPK:UMAX) 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.

Umax Group ROCE % Related Terms

Umax Group ROCE % Historical Data

* Premium members only.

The historical data trend for Umax Group'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.

Umax Group ROCE % Chart

Umax Group Annual Data
Trend Apr12 Apr13 Apr17 Apr18
ROCE %
-57.14 0.00 -75.38 -60.47

Umax Group Semi-Annual Data
Apr12 Apr13 Apr17 Apr18
ROCE % -57.14 0.00 -75.38 -60.47

Umax Group ROCE % Calculation

Umax Group's annualized ROCE % for the fiscal year that ended in Apr. 2018 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Apr. 2018 )  (A: Apr. 2017 )(A: Apr. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Apr. 2018 )  (A: Apr. 2017 )(A: Apr. 2018 )
=-0.091/( ( (0.28 - 0) + (0.021 - 0) )/ 2 )
=-0.091/( (0.28+0.021)/ 2 )
=-0.091/0.1505
=-60.47 %

Umax Group's ROCE % of for the quarter that ended in Apr. 2018 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Apr. 2018 )  (Q: Apr. 2017 )(Q: Apr. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Apr. 2018 )  (Q: Apr. 2017 )(Q: Apr. 2018 )
=-0.091/( ( (0.28 - 0) + (0.021 - 0) )/ 2 )
=-0.091/( ( 0.28 + 0.021 )/ 2 )
=-0.091/0.1505
=-60.47 %

(1) Note: The EBIT data used here is one times the annual (Apr. 2018) 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 -60.47% mean?
Umax Group (UMAX) has a ROCE % of -60.47% as of Apr. 2018.
Is Umax Group's ROCE % too high?
Umax Group's current ROCE % is -60.47%.
How does Umax Group's ROCE % compare to CSSEQ and NFLX?
Umax Group's ROCE % of -60.47% can be compared against companies in the Media - Diversified industry. The industry median ROCE % is 3.10. 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 Media - Diversified company?
The median ROCE % among Media - Diversified companies is 3.10, based on 988 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 Media - Diversified industry, the median ROCE % is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Umax Group's current ROCE % is -60.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Umax Group stock overvalued right now?
Umax Group (UMAX) has a current ROCE % of -60.47%. The current ROCE % is -60.47%. 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 Umax Group (UMAX), the current ROCE % is -60.47% as of Apr. 2018. 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.

Umax Group Business Description

Address 2020 Bay Street, Los Angeles, CA, USA, 90012
Umax Group Corp is a media development company which is concentrated on producing its original content with the intent of selling that content to one of the many streaming companies such as Netflix, Hulu, Showtime, Disney plus etc. and having their own streaming platforms on website and YouTube channels.