IndygoTech Minerals (WAR:IDG) ROCE %: 0.06% (As of Jun. 2021)


WAR:IDG IndygoTech Minerals SA WAR:IDG
4 GF Score
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What is IndygoTech Minerals ROCE %?

IndygoTech Minerals WAR:IDG 4 ROCE % is 0.06% as of Jun. 2021. GuruFocus rates WAR:IDG with a GF Score™ of 4/100.

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. IndygoTech Minerals's annualized ROCE % for the quarter that ended in Jun. 2021 was 0.06%.

IndygoTech Minerals  (WAR:IDG) 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.

IndygoTech Minerals ROCE % Related Terms

IndygoTech Minerals ROCE % Historical Data

* Premium members only.

The historical data trend for IndygoTech Minerals'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.

IndygoTech Minerals ROCE % Chart

IndygoTech Minerals Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -66.66 -82.43 1.17 -0.53 0.72

IndygoTech Minerals Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Dec18 Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 -0.13 -0.07 3.14 -0.06 0.06
WAR:IDG
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IndygoTech Minerals SA WAR:IDG
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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IndygoTech Minerals ROCE % Calculation

IndygoTech Minerals's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=0.089/( ( (14.231 - 1.908) + (14.227 - 1.842) )/ 2 )
=0.089/( (12.323+12.385)/ 2 )
=0.089/12.354
=0.72 %

IndygoTech Minerals's ROCE % of for the quarter that ended in Jun. 2021 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2021 )  (Q: Mar. 2021 )(Q: Jun. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2021 )  (Q: Mar. 2021 )(Q: Jun. 2021 )
=0.008/( ( (14.634 - 2.253) + (14.227 - 1.842) )/ 2 )
=0.008/( ( 12.381 + 12.385 )/ 2 )
=0.008/12.383
=0.06 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2021) 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 0.06% mean?
IndygoTech Minerals (WAR:IDG) has a ROCE % of 0.06% as of Jun. 2021.
Is IndygoTech Minerals' ROCE % too high?
IndygoTech Minerals' current ROCE % is 0.06%. The Asset Management industry median ROCE % is 4.46. IndygoTech Minerals' value of 0.06% is 98.7% below this industry median. Overall, IndygoTech Minerals has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does IndygoTech Minerals' ROCE % compare to competitors?
IndygoTech Minerals' ROCE % of 0.06% can be compared against companies in the Asset Management industry. The industry median ROCE % is 4.46. IndygoTech Minerals' value of 0.06% is 98.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Asset Management company?
The median ROCE % among Asset Management companies is 4.46, based on 707 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. IndygoTech Minerals's current ROCE % of 0.06% is 98.7% below the industry median. 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 Asset Management industry, the median ROCE % is 4.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IndygoTech Minerals's current ROCE % is 0.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IndygoTech Minerals stock overvalued right now?
IndygoTech Minerals (WAR:IDG) has a current ROCE % of 0.06%. The current ROCE % is 0.06% and 98.7% below the Asset Management industry median of 4.46. IndygoTech Minerals' overall GF Score™ is 4/100. 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 IndygoTech Minerals (WAR:IDG), the current ROCE % is 0.06% as of Jun. 2021. 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.

IndygoTech Minerals Business Description

Address ulica Piekna 11 lok. 17, Warszawa, POL, 00-547
IndygoTech Minerals SA is a venture capital firm specializing in making investments in high-tech and high growth companies operating across all sectors but prioritizes technology and e-commerce. The company also invests in the alternative stock market.
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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