APTY (APT Systems) ROC %: -68.87% (As of Oct. 2018)


What is APT Systems ROC %?

APT Systems APTY ROC % is -68.87% as of Oct. 2018.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. APT Systems's annualized return on capital (ROC %) for the quarter that ended in Oct. 2018 was -68.87%.

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

APT Systems  (OTCPK:APTY) 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, APT Systems's WACC % is 0.00%. APT Systems's ROC % is 0.00% (calculated using TTM income statement data). APT Systems 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.

APT Systems ROC % Related Terms

APT Systems ROC % Historical Data

* Premium members only.

The historical data trend for APT Systems'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.

APT Systems ROC % Chart

APT Systems Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
ROC %
Get a 7-Day Free Trial -155.10 -149.78 -96.26 -130.20 -220.12

APT Systems Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
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 -67.90 -89.10 -52.02 -134.27 -68.87

APT Systems ROC % Calculation

APT Systems's annualized Return on Capital (ROC %) for the fiscal year that ended in Jan. 2018 is calculated as:

ROC % (A: Jan. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Jan. 2017 ) + Invested Capital (A: Jan. 2018 ))/ count )
=-1.258 * ( 1 - 0% )/( (0.473 + 0.67)/ 2 )
=-1.258/0.5715
=-220.12 %

where

Invested Capital(A: Jan. 2017 )
=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))
=0.122 - 0.113 - ( 0.022 - max(0, 0.504 - 0.04+0.022))
=0.473

Invested Capital(A: Jan. 2018 )
=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))
=0.176 - 0.157 - ( 0.062 - max(0, 0.718 - 0.067+0.062))
=0.67

APT Systems's annualized Return on Capital (ROC %) for the quarter that ended in Oct. 2018 is calculated as:

ROC % (Q: Oct. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2018 ) + Invested Capital (Q: Oct. 2018 ))/ count )
=-0.916 * ( 1 - 0% )/( (1.402 + 1.258)/ 2 )
=-0.916/1.33
=-68.87 %

where

Invested Capital(Q: Jul. 2018 )
=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))
=0.191 - 0.424 - ( 0.026 - max(0, 1.686 - 0.051+0.026))
=1.402

Invested Capital(Q: Oct. 2018 )
=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))
=0.217 - 0.498 - ( 0.037 - max(0, 1.626 - 0.087+0.037))
=1.258

Note: The Operating Income data used here is four times the quarterly (Oct. 2018) 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 -68.87% mean?
APT Systems (APTY) has a ROC % of -68.87% as of Oct. 2018. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on APT Systems and its competitors.
Is APT Systems' ROC % too high?
APT Systems' current ROC % is -68.87%.
How does APT Systems' ROC % compare to CLIS and AVOI?
APT Systems' ROC % of -68.87% can be compared against companies in the Software industry. The industry median ROC % is 3.11. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Software company?
The median ROC % among Software companies is 3.11, based on 2,830 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 APT Systems and its competitors. For the Software industry, the median ROC % is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. APT Systems's current ROC % is -68.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APT Systems stock overvalued right now?
APT Systems (APTY) has a current ROC % of -68.87%. The current ROC % is -68.87%. 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 APT Systems (APTY), the current ROC % is -68.87% as of Oct. 2018. 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.

APT Systems Business Description

Address 505 Montgomery Street, 11th Floor, San Francisco, CA, USA, 94111
APT Systems Inc operates as a Fintech company to engage in the creation of financial platforms and financial apps, and imagines new visual solutions for charting the financial markets. It is focused on building a financial ecosystem around the Verifundr escrow system, which is a payment distribution platform that can include smart contracts and a subscription trading service that is backed by a true stablecoin named Spera (SPRA). The company is also developing credentials for verifying and reporting on an accredited investor's status.