Maghreb International Publicite (XTUN:MIP) ROCE % : 0.00% (As of . 20)

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What is Maghreb International Publicite ROCE %?

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. Maghreb International Publicite's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Maghreb International Publicite ROCE % Historical Data

The historical data trend for Maghreb International Publicite'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.

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Maghreb International Publicite ROCE % Chart

Maghreb International Publicite Annual Data

Trend

ROCE %

Maghreb International Publicite Semi-Annual Data

ROCE %

Maghreb International Publicite ROCE % Calculation

Maghreb International Publicite'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Maghreb International Publicite'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.

Maghreb International Publicite (XTUN:MIP) 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.

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Maghreb International Publicite Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Maghreb International Publicite SA (XTUN:MIP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rue 8612, imp, No. 5, Charguia I, TUN, 2035

Website

http://www.mip.com.tn

Maghreb International Publicite SA is engaged in monitor developments in the area of communication and outdoor advertising.

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