WDKA (Panache Beverage) ROCE %: 7.35% (As of Jun. 2014)


What is Panache Beverage ROCE %?

Panache Beverage WDKA ROCE % is 7.35% as of Jun. 2014.

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. Panache Beverage's annualized ROCE % for the quarter that ended in Jun. 2014 was 7.35%.

Panache Beverage  (OTCPK:WDKA) 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.

Panache Beverage ROCE % Related Terms

Panache Beverage ROCE % Historical Data

* Premium members only.

The historical data trend for Panache Beverage'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.

Panache Beverage ROCE % Chart

Panache Beverage Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
ROCE %
Get a 7-Day Free Trial -35.87 -727.69 0.00 0.00 -252.10

Panache Beverage Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 -179.11 -128.64 -120.52 -150.68 7.35

Panache Beverage ROCE % Calculation

Panache Beverage's annualized ROCE % for the fiscal year that ended in Dec. 2013 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2013 )  (A: Dec. 2012 )(A: Dec. 2013 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2013 )  (A: Dec. 2012 )(A: Dec. 2013 )
=-4.597/( ( (2.904 - 3.601) + (7.18 - 2.836) )/ 2 )
=-4.597/( (-0.697+4.344)/ 2 )
=-4.597/1.8235
=-252.10 %

Panache Beverage's ROCE % of for the quarter that ended in Jun. 2014 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2014 )  (Q: Mar. 2014 )(Q: Jun. 2014 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2014 )  (Q: Mar. 2014 )(Q: Jun. 2014 )
=0.236/( ( (6.051 - 3.153) + (5.735 - 2.209) )/ 2 )
=0.236/( ( 2.898 + 3.526 )/ 2 )
=0.236/3.212
=7.35 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2014) 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 7.35% mean?
Panache Beverage (WDKA) has a ROCE % of 7.35% as of Jun. 2014.
Is Panache Beverage's ROCE % too high?
Panache Beverage's current ROCE % is 7.35%. The Beverages - Alcoholic industry median ROCE % is 7.68. Panache Beverage's value of 7.35% is 4.2% below this industry median.
How does Panache Beverage's ROCE % compare to CMHZ and BORNY?
Panache Beverage's ROCE % of 7.35% can be compared against companies in the Beverages - Alcoholic industry. The industry median ROCE % is 7.68. Panache Beverage's value of 7.35% is 4.2% 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 a Beverages - Alcoholic company?
The median ROCE % among Beverages - Alcoholic companies is 7.68, based on 208 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. Panache Beverage's current ROCE % of 7.35% is 4.2% 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 Beverages - Alcoholic industry, the median ROCE % is 7.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panache Beverage's current ROCE % is 7.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panache Beverage stock overvalued right now?
Panache Beverage (WDKA) has a current ROCE % of 7.35%. The current ROCE % is 7.35% and 4.2% below the Beverages - Alcoholic industry median of 7.68. 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 Panache Beverage (WDKA), the current ROCE % is 7.35% as of Jun. 2014. 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.

Panache Beverage Business Description

Address 150 Fifth Avenue, 3rd Floor, New York, NY, USA, 10011
Panache Beverage Inc operates in the beverages industry in the United States. The company is engaged in the manufacturing of vodka.