MERLIN GROUP Spolka Akcyjna (WAR:MRG) ROCE %: -31.24% (As of Sep. 2022)

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WAR:MRG MERLIN GROUP Spolka Akcyjna WAR:MRG
38 GF Score
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What is MERLIN GROUP Spolka Akcyjna ROCE %?

MERLIN GROUP Spolka Akcyjna WAR:MRG 38 ROCE % is -31.24% as of Sep. 2022. GuruFocus rates WAR:MRG with a GF Score™ of 38/100.

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. MERLIN GROUP Spolka Akcyjna's annualized ROCE % for the quarter that ended in Sep. 2022 was -31.24%.

MERLIN GROUP Spolka Akcyjna  (WAR:MRG) 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.

MERLIN GROUP Spolka Akcyjna ROCE % Related Terms

MERLIN GROUP Spolka Akcyjna ROCE % Historical Data

* Premium members only.

The historical data trend for MERLIN GROUP Spolka Akcyjna'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.

MERLIN GROUP Spolka Akcyjna ROCE % Chart

MERLIN GROUP Spolka Akcyjna 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 -83.13 -17.47 -36.72 -114.47 -64.93

MERLIN GROUP Spolka Akcyjna Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22
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 -1.10 -22.23 -18.53 -19.50 -31.24
WAR:MRG
38GF Score
MERLIN GROUP Spolka Akcyjna WAR:MRG
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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MERLIN GROUP Spolka Akcyjna ROCE % Calculation

MERLIN GROUP Spolka Akcyjna'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 )
=-9.365/( ( (46.318 - 48.426) + (40.563 - 9.61) )/ 2 )
=-9.365/( (-2.108+30.953)/ 2 )
=-9.365/14.4225
=-64.93 %

MERLIN GROUP Spolka Akcyjna'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 )
=-3.364/( ( (39.48 - 11.597) + (4.876 - 11.22) )/ 2 )
=-3.364/( ( 27.883 + -6.344 )/ 2 )
=-3.364/10.7695
=-31.24 %

(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 -31.24% mean?
MERLIN GROUP Spolka Akcyjna (WAR:MRG) has a ROCE % of -31.24% as of Sep. 2022.
Is MERLIN GROUP Spolka Akcyjna's ROCE % too high?
MERLIN GROUP Spolka Akcyjna's current ROCE % is -31.24%. Overall, MERLIN GROUP Spolka Akcyjna has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does MERLIN GROUP Spolka Akcyjna's ROCE % compare to OMC and IPG?
MERLIN GROUP Spolka Akcyjna's ROCE % of -31.24% can be compared against companies in the Media - Diversified industry. The industry median ROCE % is 3.12. 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 3.12, based on 977 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 3.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MERLIN GROUP Spolka Akcyjna's current ROCE % is -31.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MERLIN GROUP Spolka Akcyjna stock overvalued right now?
MERLIN GROUP Spolka Akcyjna (WAR:MRG) has a current ROCE % of -31.24%. The current ROCE % is -31.24%. MERLIN GROUP Spolka Akcyjna's overall GF Score™ is 38/100. 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 MERLIN GROUP Spolka Akcyjna (WAR:MRG), the current ROCE % is -31.24% 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.

MERLIN GROUP Spolka Akcyjna Business Description

Address Ulica Modlinska 310/312, Warsaw, POL, 03-152
MERLIN GROUP Spolka Akcyjna is an advertising and marketing company. The company provides professional marketing activities through promotional activities on the internet.
38GF Score

Get the complete analysis for WAR:MRG

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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