ZDEC (Zenovia Digital Exchange) ROCE %: -1,423.73% (As of Mar. 2015)


What is Zenovia Digital Exchange ROCE %?

Zenovia Digital Exchange ZDEC ROCE % is -1,423.73% as of Mar. 2015.

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. Zenovia Digital Exchange's annualized ROCE % for the quarter that ended in Mar. 2015 was -1,423.73%.

Zenovia Digital Exchange  (OTCPK:ZDEC) 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.

Zenovia Digital Exchange ROCE % Related Terms

Zenovia Digital Exchange ROCE % Historical Data

* Premium members only.

The historical data trend for Zenovia Digital Exchange'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.

Zenovia Digital Exchange ROCE % Chart

Zenovia Digital Exchange Annual Data
Trend Dec12 Dec13 Dec14
ROCE %
0.00 0.00 0.00

Zenovia Digital Exchange Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 -1,423.73

Zenovia Digital Exchange ROCE % Calculation

Zenovia Digital Exchange's annualized ROCE % for the fiscal year that ended in Dec. 2014 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=-0.012/( ( (0.109 - 0.211) + (0.088 - 0.206) )/ 2 )
=-0.012/( (-0.102+-0.118)/ 2 )
=-0.012/-0.11
=10.91 %

Zenovia Digital Exchange's ROCE % of for the quarter that ended in Mar. 2015 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2015 )  (Q: Dec. 2014 )(Q: Mar. 2015 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2015 )  (Q: Dec. 2014 )(Q: Mar. 2015 )
=-0.42/( ( (0.088 - 0.206) + (0.387 - 0.21) )/ 2 )
=-0.42/( ( -0.118 + 0.177 )/ 2 )
=-0.42/0.0295
=-1,423.73 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2015) 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 -1,423.73% mean?
Zenovia Digital Exchange (ZDEC) has a ROCE % of -1,423.73% as of Mar. 2015.
Is Zenovia Digital Exchange's ROCE % too high?
Zenovia Digital Exchange's current ROCE % is -1,423.73%.
How does Zenovia Digital Exchange's ROCE % compare to EPXY and STTH?
Zenovia Digital Exchange's ROCE % of -1,423.73% can be compared against companies in the Software industry. The industry median ROCE % is 5.27. 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 Software company?
The median ROCE % among Software companies is 5.27, based on 2,713 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 Software industry, the median ROCE % is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zenovia Digital Exchange's current ROCE % is -1,423.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenovia Digital Exchange stock overvalued right now?
Zenovia Digital Exchange (ZDEC) has a current ROCE % of -1,423.73%. The current ROCE % is -1,423.73%. 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 Zenovia Digital Exchange (ZDEC), the current ROCE % is -1,423.73% as of Mar. 2015. 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.

Zenovia Digital Exchange Business Description

Address 3141 Fairview Park Drive, Suite 160, Falls Church, VA, USA, 22042
Zenovia Digital Exchange Corp designs and assembles motorsport racing vehicles for its own use and plans to compete in organized racing events. The company generates revenue from the leasing of race truck chassis and its motor coach to motorsports organizations competing in the NASACAR Camping World Truck Series.