WNMLA (Winmill) ROCE %: -1.63% (As of Sep. 2023)

What is Winmill ROCE %?

Winmill WNMLA 53 ROCE % is -1.63% as of Sep. 2023. GuruFocus rates WNMLA with a GF Score™ of 53/100.

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. Winmill's annualized ROCE % for the quarter that ended in Sep. 2023 was -1.63%.

Winmill (OTCPK:WNMLA) 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.

Winmill ROCE % Related Terms

Winmill ROCE % Historical Data

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The historical data trend for Winmill'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.

Winmill ROCE % Chart

Winmill Annual Data

Trend

Dec97

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

ROCE %

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2.76

15.29

1.07

37.35

4.54

Winmill Quarterly Data
	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Dec04	Dec05	Dec06	Sep22	Sep23
ROCE %	Get a 7-Day Free Trial															0.00	0.00	0.00	-1.37	-1.63

53GF Score

Winmill & Co Inc WNMLA

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Winmill ROCE % Calculation

Winmill's annualized ROCE % for the fiscal year that ended in Dec. 2006 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2006 )		(A: Dec. 2005 )		(A: Dec. 2006 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2006 )		(A: Dec. 2005 )		(A: Dec. 2006 )
	=	0.567	/	( ( (13.842 - 1.738)	+	(13.593 - 0.735) )	/ 2 )
	=	0.567	/	( (12.104	+	12.858)	/ 2 )
	=	0.567	/	12.481
	=	4.54 %

Winmill's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Sep. 2022 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Sep. 2022 )		(Q: Sep. 2023 )
	=	-0.164	/	( ( (0 - 0)	+	(10.184 - 0.147) )	/ 1 )
	=	-0.164	/	( ( 0	+	10.037 )	/ 1 )
	=	-0.164	/	10.037
	=	-1.63 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -1.63% mean?

Winmill (WNMLA) has a ROCE % of -1.63% as of Sep. 2023.

Is Winmill's ROCE % too high?

Winmill's current ROCE % is -1.63%. Overall, Winmill has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.

How does Winmill's ROCE % compare to DEFG and MVNT?

Winmill's ROCE % of -1.63% can be compared against companies in the Asset Management industry. The industry median ROCE % is 4.39. 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 4.39, based on 709 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 Asset Management industry, the median ROCE % is 4.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Winmill's current ROCE % is -1.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Winmill stock overvalued right now?

Winmill (WNMLA) has a current ROCE % of -1.63%. The current ROCE % is -1.63%. Winmill's overall GF Score™ is 53/100. 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 Winmill (WNMLA), the current ROCE % is -1.63% as of Sep. 2023. 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.

Winmill Business Description

Industry Financial Services Asset Management

Comparable Companies DEFG MVNT ILUS BNCM FXBY BMNM BENF PWM LGCP NNRI BLK KKR BX OSTO:INVE A TSX:BN APO BK AMP LSE:III OSTO:EQT

Address P.O. Box 4, Walpole, NH, USA, 03608

Website https://www.winmillco.com

Winmill & Co Inc through its subsidiaries provides investment management and distribution for the two mutual funds in the Midas Funds family and investment management for the closed end fund Foxby Corp. The objective of the Company is to increase book value per share over time for the benefit of its stockholders.

53GF Score

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