MCIM (Macau Capital Investments) ROIC %: -257.05% (As of Mar. 2002)


What is Macau Capital Investments ROIC %?

Macau Capital Investments MCIM ROIC % is -257.05% as of Mar. 2002.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Macau Capital Investments's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2002 was -257.05%.

As of today (2026-06-28), Macau Capital Investments's WACC % is 0.00%. Macau Capital Investments's ROIC % is 0.00% (calculated using TTM income statement data). Macau Capital Investments earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Macau Capital Investments  (OTCPK:MCIM) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Macau Capital Investments's WACC % is 0.00%. Macau Capital Investments's ROIC % is 0.00% (calculated using TTM income statement data). Macau Capital Investments earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Macau Capital Investments ROIC % Related Terms


Macau Capital Investments ROIC % Historical Data

* Premium members only.

The historical data trend for Macau Capital Investments's ROIC % 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.

Macau Capital Investments ROIC % Chart

Macau Capital Investments Annual Data
Trend Mar95 Mar96 Mar97 Mar98 Mar99 Mar00 Mar01
ROIC %
Get a 7-Day Free Trial -142.25 -179.03 -119.44 -51.96 -181.24

Macau Capital Investments Quarterly Data
Jun97 Sep97 Dec97 Mar98 Jun98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02
ROIC % 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 Premium Member Only Premium Member Only Premium Member Only -402.32 -265.33 -541.20 -232.36 -257.05

MCIM vs CWSS, OCLN, HDII: ROIC % Comparison

For the Waste Management subindustry, Macau Capital Investments's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Macau Capital Investments ROIC % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Macau Capital Investments's ROIC % distribution charts can be found below:

* The bar in red indicates where Macau Capital Investments's ROIC % falls into.



Macau Capital Investments ROIC % Calculation

Macau Capital Investments's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2001 is calculated as:

ROIC % (A: Mar. 2001 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2000 ) + Invested Capital (A: Mar. 2001 ))/ count )
=-1.923 * ( 1 - 0% )/( (1.43 + 0.692)/ 2 )
=-1.923/1.061
=-181.24 %

where

Macau Capital Investments's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2002 is calculated as:

ROIC % (Q: Mar. 2002 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2001 ) + Invested Capital (Q: Mar. 2002 ))/ count )
=-0.82 * ( 1 - 0% )/( (0.341 + 0.297)/ 2 )
=-0.82/0.319
=-257.05 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2002) data. The tax rate is limited to between 0% and 100%.

* 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 ROIC % →
What does a ROIC % of -257.05% mean?
Macau Capital Investments (MCIM) has a ROIC % of -257.05% as of Mar. 2002. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Macau Capital Investments and its competitors.
Is Macau Capital Investments' ROIC % too high?
Macau Capital Investments' current ROIC % is -257.05%.
How does Macau Capital Investments' ROIC % compare to CWSS and OCLN?
Macau Capital Investments' ROIC % of -257.05% can be compared against companies in the Waste Management industry. The industry median ROIC % is 3.51. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Waste Management company?
The median ROIC % among Waste Management companies is 3.51, based on 245 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Macau Capital Investments and its competitors. For the Waste Management industry, the median ROIC % is 3.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macau Capital Investments's current ROIC % is -257.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macau Capital Investments stock overvalued right now?
Macau Capital Investments (MCIM) has a current ROIC % of -257.05%. The current ROIC % is -257.05%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Macau Capital Investments (MCIM), the current ROIC % is -257.05% as of Mar. 2002. 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.

Macau Capital Investments Business Description

Address 1001 Texas Avenue, Suite 1400, Houston, TX, USA, 77002
Macau Capital Investments Inc is a waste management assets holdings company. Through its subsidiaries, it provides solid waste and medical waste removal services to customers in its targeted market.