SHP Celex a.d (XBLB:CELX-R-A) ROCE %: -4.34% (As of Dec. 2013)


What is SHP Celex a.d ROCE %?

SHP Celex a.d XBLB:CELX-R-A ROCE % is -4.34% as of Dec. 2013.

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. SHP Celex a.d's annualized ROCE % for the quarter that ended in Dec. 2013 was -4.34%.

SHP Celex a.d  (XBLB:CELX-R-A) 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.

SHP Celex a.d ROCE % Related Terms

SHP Celex a.d ROCE % Historical Data

* Premium members only.

The historical data trend for SHP Celex a.d'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.

SHP Celex a.d ROCE % Chart

SHP Celex a.d Annual Data
Trend Dec12 Dec13
ROCE %
-14.72 -4.34

SHP Celex a.d Semi-Annual Data
Dec12 Dec13
ROCE % -14.72 -4.34

SHP Celex a.d ROCE % Calculation

SHP Celex a.d'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 )
=-1.111/( ( (60.108 - 33.177) + (56.141 - 31.902) )/ 2 )
=-1.111/( (26.931+24.239)/ 2 )
=-1.111/25.585
=-4.34 %

SHP Celex a.d's ROCE % of for the quarter that ended in Dec. 2013 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2013 )  (Q: Dec. 2012 )(Q: Dec. 2013 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2013 )  (Q: Dec. 2012 )(Q: Dec. 2013 )
=-1.111/( ( (60.108 - 33.177) + (56.141 - 31.902) )/ 2 )
=-1.111/( ( 26.931 + 24.239 )/ 2 )
=-1.111/25.585
=-4.34 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2013) 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 -4.34% mean?
SHP Celex a.d (XBLB:CELX-R-A) has a ROCE % of -4.34% as of Dec. 2013.
Is SHP Celex a.d's ROCE % too high?
SHP Celex a.d's current ROCE % is -4.34%.
How does SHP Celex a.d's ROCE % compare to RBCL and PNAT?
SHP Celex a.d's ROCE % of -4.34% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROCE % is 8.78. 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 Consumer Packaged Goods company?
The median ROCE % among Consumer Packaged Goods companies is 8.78, based on 1,938 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 Consumer Packaged Goods industry, the median ROCE % is 8.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SHP Celex a.d's current ROCE % is -4.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SHP Celex a.d stock overvalued right now?
SHP Celex a.d (XBLB:CELX-R-A) has a current ROCE % of -4.34%. The current ROCE % is -4.34%. 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 SHP Celex a.d (XBLB:CELX-R-A), the current ROCE % is -4.34% as of Dec. 2013. 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.

SHP Celex a.d Business Description

Address Veljka Mladjenoviaea bb, Banja Luka, BIH, 78102
SHP Celex a.d. operates in the industry of household and personal products. The company is engaged in manufacturing of hygienic papers in Central and South Eastern Europe. The products of the company include toilet paper, kitchen towels, handkerchiefs, facial tissues, and napkins.