Blue Shark Power System (XPAR:MLBSP) ROCE %: 4.16% (As of Dec. 2017)


What is Blue Shark Power System ROCE %?

Blue Shark Power System XPAR:MLBSP ROCE % is 4.16% as of Dec. 2017.

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. Blue Shark Power System's annualized ROCE % for the quarter that ended in Dec. 2017 was 4.16%.

Blue Shark Power System  (XPAR:MLBSP) 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.

Blue Shark Power System ROCE % Related Terms

Blue Shark Power System ROCE % Historical Data

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The historical data trend for Blue Shark Power System'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.

Blue Shark Power System ROCE % Chart

Blue Shark Power System Annual Data
Trend Dec15 Dec16 Dec17
ROCE %
-11.26 -11.04 4.16

Blue Shark Power System Semi-Annual Data
Dec15 Dec16 Dec17
ROCE % -11.26 -11.04 4.16

Blue Shark Power System ROCE % Calculation

Blue Shark Power System's annualized ROCE % for the fiscal year that ended in Dec. 2017 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=0.035/( ( (0.838 - 0.014) + (0.891 - 0.032) )/ 2 )
=0.035/( (0.824+0.859)/ 2 )
=0.035/0.8415
=4.16 %

Blue Shark Power System's ROCE % of for the quarter that ended in Dec. 2017 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2017 )  (Q: Dec. 2016 )(Q: Dec. 2017 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2017 )  (Q: Dec. 2016 )(Q: Dec. 2017 )
=0.035/( ( (0.838 - 0.014) + (0.891 - 0.032) )/ 2 )
=0.035/( ( 0.824 + 0.859 )/ 2 )
=0.035/0.8415
=4.16 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2017) 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 4.16% mean?
Blue Shark Power System (XPAR:MLBSP) has a ROCE % of 4.16% as of Dec. 2017.
Is Blue Shark Power System's ROCE % too high?
Blue Shark Power System's current ROCE % is 4.16%. The Utilities - Independent Power Producers industry median ROCE % is 4.79. Blue Shark Power System's value of 4.16% is 13.2% below this industry median.
How does Blue Shark Power System's ROCE % compare to ?
Blue Shark Power System's ROCE % of 4.16% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median ROCE % is 4.79. Blue Shark Power System's value of 4.16% is 13.2% 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 an Utilities - Independent Power Producers company?
The median ROCE % among Utilities - Independent Power Producers companies is 4.79, based on 437 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. Blue Shark Power System's current ROCE % of 4.16% is 13.2% 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 Utilities - Independent Power Producers industry, the median ROCE % is 4.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Shark Power System's current ROCE % is 4.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Shark Power System stock overvalued right now?
Blue Shark Power System (XPAR:MLBSP) has a current ROCE % of 4.16%. The current ROCE % is 4.16% and 13.2% below the Utilities - Independent Power Producers industry median of 4.79. 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 Blue Shark Power System (XPAR:MLBSP), the current ROCE % is 4.16% as of Dec. 2017. 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.

Blue Shark Power System Business Description

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Address 5 Allee de Tourny, Bordeaux, FRA, FR-33000
Blue Shark Power System SA is a hydro kinetic turbine designed to produce clean energy exploiting slow-moving flows of water, as large river, tidal or water currents. The company is able to harvest energy with rated power of approximatey 250-1000 kW according to the speed of the water current on a choosing site.