VMRI (Valmie Resources) ROCE %: -405.29% (As of Feb. 2017)


What is Valmie Resources ROCE %?

Valmie Resources VMRI -99.00% ROCE % is -405.29% as of Feb. 2017.

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. Valmie Resources's annualized ROCE % for the quarter that ended in Feb. 2017 was -405.29%.

Valmie Resources  (OTCPK:VMRI) 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.

Valmie Resources ROCE % Related Terms

Valmie Resources ROCE % Historical Data

* Premium members only.

The historical data trend for Valmie Resources'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.

Valmie Resources ROCE % Chart

Valmie Resources Annual Data
Trend Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
ROCE %
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 -859.65

Valmie Resources Quarterly Data
May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17
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 0.00 0.00 -463.59 -1,274.67 -405.29

Valmie Resources ROCE % Calculation

Valmie Resources's annualized ROCE % for the fiscal year that ended in Nov. 2016 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Nov. 2016 )  (A: Nov. 2015 )(A: Nov. 2016 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Nov. 2016 )  (A: Nov. 2015 )(A: Nov. 2016 )
=-0.98/( ( (0.056 - 0.079) + (0.437 - 0.186) )/ 2 )
=-0.98/( (-0.023+0.251)/ 2 )
=-0.98/0.114
=-859.65 %

Valmie Resources's ROCE % of for the quarter that ended in Feb. 2017 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Feb. 2017 )  (Q: Nov. 2016 )(Q: Feb. 2017 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Feb. 2017 )  (Q: Nov. 2016 )(Q: Feb. 2017 )
=-1.072/( ( (0.437 - 0.186) + (0.507 - 0.229) )/ 2 )
=-1.072/( ( 0.251 + 0.278 )/ 2 )
=-1.072/0.2645
=-405.29 %

(1) Note: The EBIT data used here is four times the quarterly (Feb. 2017) 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 -405.29% mean?
Valmie Resources (VMRI) has a ROCE % of -405.29% as of Feb. 2017.
Is Valmie Resources' ROCE % too high?
Valmie Resources' current ROCE % is -405.29%.
How does Valmie Resources' ROCE % compare to CRTG and SFIV?
Valmie Resources' ROCE % of -405.29% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.83. 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 Hardware company?
The median ROCE % among Hardware companies is 5.83, based on 2,445 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 Hardware industry, the median ROCE % is 5.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Valmie Resources's current ROCE % is -405.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valmie Resources stock overvalued right now?
Valmie Resources (VMRI) has a current ROCE % of -405.29%. The current ROCE % is -405.29%. 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 Valmie Resources (VMRI), the current ROCE % is -405.29% as of Feb. 2017. 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.

Valmie Resources Business Description

Address 1001 S Dairy Ashford Road, Suite 100, Houston, TX, USA, 77077
Valmie Resources Inc is engaged in the commercialization of products and services in the technology industry. The company focuses on unmanned aerial vehicle software, hardware and cloud services for commercial applications.