J. W. Mays (J. W. Mays) ROCE % : -0.30% (As of Jan. 2024)

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What is J. W. Mays 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. J. W. Mays's annualized ROCE % for the quarter that ended in Jan. 2024 was -0.30%.

J. W. Mays ROCE % Historical Data

The historical data trend for J. W. Mays'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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J. W. Mays ROCE % Chart

J. W. Mays Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

ROCE %

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3.58

-1.30

0.53

-0.81

0.10

J. W. Mays Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															0.58	-0.06	-0.75	-0.93	-0.30

J. W. Mays ROCE % Calculation

J. W. Mays's annualized ROCE % for the fiscal year that ended in Jul. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	0.086	/	( ( (94.011 - 3.373)	+	(91.915 - 2.724) )	/ 2 )
	=	0.086	/	( (90.638	+	89.191)	/ 2 )
	=	0.086	/	89.9145
	=	0.10 %

J. W. Mays's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	-0.264	/	( ( (90.98 - 2.642)	+	(90.583 - 2.952) )	/ 2 )
	=	-0.264	/	( ( 88.338	+	87.631 )	/ 2 )
	=	-0.264	/	87.9845
	=	-0.30 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

J. W. Mays (NAS:MAYS) 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.

J. W. Mays ROCE % Related Terms

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J. W. Mays (J. W. Mays) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » J. W. Mays Inc (NAS:MAYS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Bond Street, Brooklyn, NY, USA, 11201-5805

Website

https://www.jwmays.com

J. W. Mays Inc is a real estate company. It is engaged in the leasing of real estate and operates a number of commercial real estate properties in New York. The company leases its properties to retail, restaurant, commercial, and other tenants. Its properties are located in Brooklyn, Circleville, Fishkill, Jamaica, Levittown, and Massapequa.

Executives

Gailoyd Enterprises Corp.	10 percent owner	961 ROUTE 52, CARMEL NY 10512
Steven Gurney-goldman	director	C/O SOL GOLDMAN INVESTMENTS, LLC, 1185 SIXTH AVENUE - 10TH FLOOR, NEW YORK NY 10036
Jane H Goldman	10 percent owner	ESTATE OF SOL GOLDMAN, 640 FIFTH ST THIRD FLOOR, NEW YORK NY 10019
Louisa Little	10 percent owner	ESTATE OF SOL GOLDMAN, 640 FIFTH AVE THIRD FLOOR, NEW YORK NY 10019
Allan H. Goldman	10 percent owner	640 FIFTH AVE, NEW YORK NY 10019
Lillian Goldman Marital Trust	10 percent owner	640 FIFTH AVE, NEW YORK NY 10019
Lloyd J Shulman	director, officer: Chairman, CEO, President	C/O J.W. MAYS, 9 BOND STREET, BROOKLYN NY 11201

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