Total Brain (ASX:TTBO) ROC %: -64.55% (As of Dec. 2022)


What is Total Brain ROC %?

Total Brain ASX:TTBO ROC % is -64.55% as of Dec. 2022. The stock has 6 warning signs investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Total Brain's annualized return on capital (ROC %) for the quarter that ended in Dec. 2022 was -64.55%.

As of today (2026-06-27), Total Brain's WACC % is 10.34%. Total Brain's ROC % is -40.47% (calculated using TTM income statement data). Total Brain earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Total Brain  (ASX:TTBO) 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, Total Brain's WACC % is 10.34%. Total Brain's ROC % is -40.47% (calculated using TTM income statement data). Total Brain 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.

Total Brain ROC % Related Terms

Total Brain ROC % Historical Data

* Premium members only.

The historical data trend for Total Brain'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.

Total Brain ROC % Chart

Total Brain Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -23.41 -45.48 -45.61 -40.63 -38.25

Total Brain Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 -42.72 -39.47 -20.45 -46.21 -64.55

Total Brain ROC % Calculation

Total Brain's annualized Return on Capital (ROC %) for the fiscal year that ended in Jun. 2022 is calculated as:

ROC % (A: Jun. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Jun. 2021 ) + Invested Capital (A: Jun. 2022 ))/ count )
=-6.635 * ( 1 - 0% )/( (22.929 + 11.767)/ 2 )
=-6.635/17.348
=-38.25 %

where

Invested Capital(A: Jun. 2021 )
=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))
=24.088 - 0.514 - ( 1.427 - max(0, 6.106 - 6.751+1.427))
=22.929

Invested Capital(A: Jun. 2022 )
=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))
=14.692 - 2.212 - ( 0.713 - max(0, 4.44 - 14.692+0.713))
=11.767

Total Brain's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2022 is calculated as:

ROC % (Q: Dec. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2022 ) + Invested Capital (Q: Dec. 2022 ))/ count )
=-7.596 * ( 1 - 0% )/( (11.767 + 0)/ 1 )
=-7.596/11.767
=-64.55 %

where

Invested Capital(Q: Jun. 2022 )
=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))
=14.692 - 2.212 - ( 0.713 - max(0, 4.44 - 14.692+0.713))
=11.767

Invested Capital(Q: Dec. 2022 )
=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))
=7.274 - 0.477 - ( 7.08 - max(0, 0.477 - 7.274+7.08))
=0

Note: The Operating Income data used here is two times the semi-annual (Dec. 2022) 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 -64.55% mean?
Total Brain (ASX:TTBO) has a ROC % of -64.55% as of Dec. 2022. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Total Brain and its competitors.
Is Total Brain's ROC % too high?
Total Brain's current ROC % is -64.55%.
How does Total Brain's ROC % compare to PEARQ and BBLNF?
Total Brain's ROC % of -64.55% can be compared against companies in the Healthcare Providers & Services industry. The industry median ROC % is 3.06. 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 Healthcare Providers & Services company?
The median ROC % among Healthcare Providers & Services companies is 3.06, based on 671 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 Total Brain and its competitors. For the Healthcare Providers & Services industry, the median ROC % is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Total Brain's current ROC % is -64.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Total Brain stock overvalued right now?
Total Brain (ASX:TTBO) has a current ROC % of -64.55%. The current ROC % is -64.55%. 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 Total Brain (ASX:TTBO), the current ROC % is -64.55% as of Dec. 2022. 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.

Total Brain Business Description

Address 15 Belvoir Street, Surry Hills, NSW, AUS, 2010
Total Brain Ltd offers brain performance management platform. The company has build and validate digital tools to access, monitor, screen, and train the brain at the capacity makers level. It operates through one segment namely, development and commercialisation of brain health products.