GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » GrowLife Inc (OTCPK:PHOT) » Definitions » ROIC %

PHOT (GrowLife) ROIC % : -23.69% (As of Jun. 2023)


View and export this data going back to 2004. Start your Free Trial

What is GrowLife ROIC %?

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. GrowLife's annualized return on invested capital (ROIC %) for the quarter that ended in Jun. 2023 was -23.69%.

As of today (2025-07-23), GrowLife's WACC % is 0.00%. GrowLife's ROIC % is 0.00% (calculated using TTM income statement data). GrowLife earns returns that do not match up to its cost of capital. It will destroy value as it grows.


GrowLife ROIC % Historical Data

The historical data trend for GrowLife'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.

* Premium members only.

GrowLife ROIC % Chart

GrowLife Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -59.16 -51.32 -27.40 -16.08 -14.73

GrowLife Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -19.00 -28.49 50.96 -29.52 -23.69

Competitive Comparison of GrowLife's ROIC %

For the Industrial Distribution subindustry, GrowLife'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.


GrowLife's ROIC % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, GrowLife's ROIC % distribution charts can be found below:

* The bar in red indicates where GrowLife's ROIC % falls into.


;
;

GrowLife ROIC % Calculation

GrowLife's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2022 is calculated as:

ROIC % (A: Dec. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2021 ) + Invested Capital (A: Dec. 2022 ))/ count )
=-1.341 * ( 1 - 0% )/( (10.603 + 7.605)/ 2 )
=-1.341/9.104
=-14.73 %

where

GrowLife's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Jun. 2023 is calculated as:

ROIC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=-2.3 * ( 1 - 0% )/( (8.924 + 10.492)/ 2 )
=-2.3/9.708
=-23.69 %

where

Note: The Operating Income data used here is four times the quarterly (Jun. 2023) 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.


GrowLife  (OTCPK:PHOT) 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, GrowLife's WACC % is 0.00%. GrowLife's ROIC % is 0.00% (calculated using TTM income statement data).


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.


GrowLife ROIC % Related Terms

Thank you for viewing the detailed overview of GrowLife's ROIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


GrowLife Business Description

Traded in Other Exchanges
N/A
Address
11335 North East 122nd Way, Suite 105, Kirkland, WA, USA, 98034
GrowLife Inc. is a producer and supplier of gourmet fresh mushrooms, functional mushroom products, and mycological supplies.
Executives
David Dohrmann director, officer: CEO, Interim CFO, President 11335 NE 122ND WAY, SUITE 105, KIRKLAND WA 98034
Michael E Fasci director PO BOX 800, E TAUNTON MA 02718
Thom Kozik director 11335 NE 122ND WAY, SUITE 105, KIRKLAND WA 98034
Katherine Mclain director 5400 CARILLON POINT, KIRKLAND WA 98033
Marco Hegyi director, officer: President C/O GROWLIFE, INC., 11335 NE 122ND WAY, SUITE 105, KIRKLAND WA 98034
Tara Antal director 19950 WEST COUNTRY CLUB DR., 1ST FLOOR, AVENTURA FL 33180
Brad Fretti director 19950 WEST COUNTRY CLUB DR., 1ST FLOOR, AVENTURA FL 33180
Sterling C. Scott director, 10 percent owner, officer: Chief Executive Officer 717 E. GARDENA BLVD., GARDENA CA 90248
Joseph Barnes officer: Sr. V.P. Business Development 500 UNION STREET, SUITE 406, SEATTLE WA 98101
Mark E Scott director C/O VISUALANT INC, 500 UNION STREET, SUITE 420, SEATTLE WA 98101
Alan R Hammer director 3 FAWN DRIVE, LIVINGSTON NJ 07039
Robert E Hunt director, officer: President C/O GROWLIFE, INC., 20301 VENTURA BLVD., SUITE 126, WOODLAND HILLS CA 91364
Eric D Shevin director C/O GROWLIFE, INC., 20301 VENTURA BOULEVARD, SUITE 126, WOODLAND HILLS CA 91364
Anthony J Ciabattoni director 16 LAGUNITA DRIVE, LAGUNA BEACH CA 92651
Jeffrey Giarraputo director 2900 WYANDOT STREET, #102, DENVER CO 80211