AACS (American Commerce Solutions) ROC %: -11.09% (As of Feb. 2016)


What is American Commerce Solutions ROC %?

American Commerce Solutions AACS -99.00% ROC % is -11.09% as of Feb. 2016.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. American Commerce Solutions's annualized return on capital (ROC %) for the quarter that ended in Feb. 2016 was -11.09%.

As of today (2026-06-26), American Commerce Solutions's WACC % is 0.00%. American Commerce Solutions's ROC % is 0.00% (calculated using TTM income statement data). American Commerce Solutions earns returns that do not match up to its cost of capital. It will destroy value as it grows.

American Commerce Solutions  (OTCPK:AACS) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. 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 ROC % 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, American Commerce Solutions's WACC % is 0.00%. American Commerce Solutions's ROC % is 0.00% (calculated using TTM income statement data). American Commerce Solutions 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 %, ROC % 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.

American Commerce Solutions ROC % Related Terms

American Commerce Solutions ROC % Historical Data

* Premium members only.

The historical data trend for American Commerce Solutions's ROC % 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.

American Commerce Solutions ROC % Chart

American Commerce Solutions Annual Data
Trend Feb07 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.03 -2.84 -1.24 -3.71 -5.96

American Commerce Solutions Quarterly Data
May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16
ROC % 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 -3.17 -3.32 -3.79 -5.58 -11.09

American Commerce Solutions ROC % Calculation

American Commerce Solutions's annualized Return on Capital (ROC %) for the fiscal year that ended in Feb. 2016 is calculated as:

ROC % (A: Feb. 2016 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Feb. 2015 ) + Invested Capital (A: Feb. 2016 ))/ count )
=-0.255 * ( 1 - 0% )/( (4.333 + 4.23)/ 2 )
=-0.255/4.2815
=-5.96 %

where

Invested Capital(A: Feb. 2015 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4.843 - 0.465 - ( 0.045 - max(0, 0.713 - 2.265+0.045))
=4.333

Invested Capital(A: Feb. 2016 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4.759 - 0.493 - ( 0.036 - max(0, 1.145 - 2.313+0.036))
=4.23

American Commerce Solutions's annualized Return on Capital (ROC %) for the quarter that ended in Feb. 2016 is calculated as:

ROC % (Q: Feb. 2016 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2015 ) + Invested Capital (Q: Feb. 2016 ))/ count )
=-0.472 * ( 1 - 0% )/( (4.284 + 4.23)/ 2 )
=-0.472/4.257
=-11.09 %

where

Invested Capital(Q: Nov. 2015 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4.772 - 0.468 - ( 0.02 - max(0, 1.128 - 2.268+0.02))
=4.284

Invested Capital(Q: Feb. 2016 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4.759 - 0.493 - ( 0.036 - max(0, 1.145 - 2.313+0.036))
=4.23

Note: The Operating Income data used here is four times the quarterly (Feb. 2016) 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 ROC % →
What does a ROC % of -11.09% mean?
American Commerce Solutions (AACS) has a ROC % of -11.09% as of Feb. 2016. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on American Commerce Solutions and its competitors.
Is American Commerce Solutions' ROC % too high?
American Commerce Solutions' current ROC % is -11.09%.
How does American Commerce Solutions' ROC % compare to TGTMF and EVTN?
American Commerce Solutions' ROC % of -11.09% can be compared against companies in the Industrial Products industry. The industry median ROC % is 5.23. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for an Industrial Products company?
The median ROC % among Industrial Products companies is 5.23, based on 3,040 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % 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 ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on American Commerce Solutions and its competitors. For the Industrial Products industry, the median ROC % is 5.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Commerce Solutions's current ROC % is -11.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Commerce Solutions stock overvalued right now?
American Commerce Solutions (AACS) has a current ROC % of -11.09%. The current ROC % is -11.09%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For American Commerce Solutions (AACS), the current ROC % is -11.09% as of Feb. 2016. 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.

American Commerce Solutions Business Description

Address 1502 North Taylor Road, Brandon, FL, USA, 33510
American Commerce Solutions Inc is a multi-industry holding company with a wholly owned subsidiary. The company is engaged in the machining and fabrication of parts used in heavy industry, and parts sales and service for heavy construction equipment.