Elmar AD (XMAE:ELMA) ROCE %: 0.00% (As of . 20)


XMAE:ELMA Elmar AD XMAE:ELMA
21 GF Score
Price MKD50.00
! 1 Warning Sign
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What is Elmar AD ROCE %?

Elmar AD XMAE:ELMA 21 ROCE % is 0.00% as of . 20. GuruFocus rates XMAE:ELMA with a GF Score™ of 21/100. The stock has 1 warning sign investors should review.

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. Elmar AD's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Elmar AD  (XMAE:ELMA) 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.

Elmar AD ROCE % Related Terms

Elmar AD ROCE % Historical Data

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The historical data trend for Elmar AD'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.

Elmar AD ROCE % Chart

Elmar AD Annual Data
Trend
ROCE %

Elmar AD Semi-Annual Data
ROCE %
XMAE:ELMA
21GF Score
Elmar AD XMAE:ELMA
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Elmar AD ROCE % Calculation

Elmar AD's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

Elmar AD's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( ( ( - ) + ( - ) )/ )
=/( ( + )/ )
=/
= %

(1) Note: The EBIT data used here is one times the annual (. 20) 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 0.00% mean?
Elmar AD (XMAE:ELMA) has a ROCE % of 0.00% as of . 20.
Is Elmar AD's ROCE % too high?
Elmar AD's current ROCE % is 0.00%. Overall, Elmar AD has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Elmar AD's ROCE % compare to ?
Elmar AD's ROCE % is 0.00%. 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 company?
A good ROCE % depends on the industry context. 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. Elmar AD's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elmar AD stock overvalued right now?
Elmar AD (XMAE:ELMA) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Elmar AD's overall GF Score™ is 21/100 with 1 warning sign to review. 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 Elmar AD (XMAE:ELMA), the current ROCE % is 0.00% as of . 20. 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.

Elmar AD Business Description

Industry
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21GF Score

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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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