GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Simtel Team SA (BSE:SMTL) » Definitions » ROC %

Simtel Team (BSE:SMTL) ROC % : 0.00% (As of . 20)


View and export this data going back to 2021. Start your Free Trial

What is Simtel Team ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Simtel Team's annualized return on capital (ROC %) for the quarter that ended in . 20 was 0.00%.

As of today (2024-12-11), Simtel Team's WACC % is 0.00%. Simtel Team's ROC % is 0.00% (calculated using TTM income statement data). Simtel Team earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Simtel Team ROC % Historical Data

The historical data trend for Simtel Team'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.

* Premium members only.

Simtel Team ROC % Chart

Simtel Team Annual Data
Trend
ROC %

Simtel Team Semi-Annual Data
ROC %

Simtel Team ROC % Calculation

Simtel Team's annualized Return on Capital (ROC %) for the fiscal year that ended in . 20 is calculated as:

ROC % (A: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: . 20 ) + Invested Capital (A: . 20 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

Invested Capital(A: . 20 )
=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))
= - - ( - max(0, - +))
=

Invested Capital(A: . 20 )
=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))
= - - ( - max(0, - +))
=

Simtel Team's annualized Return on Capital (ROC %) for the quarter that ended in . 20 is calculated as:

ROC % (Q: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: . 20 ) + Invested Capital (Q: . 20 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

Invested Capital(Q: . 20 )
=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))
= - - ( - max(0, - +))
=

Invested Capital(Q: . 20 )
=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))
= - - ( - max(0, - +))
=

Note: The Operating Income data used here is one times the annual (. 20) 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.

Simtel Team  (BSE:SMTL) 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, Simtel Team's WACC % is 0.00%. Simtel Team's ROC % is 0.00% (calculated using TTM income statement data). Simtel Team 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.

Simtel Team ROC % Related Terms

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

Simtel Team Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Simtel Team SA (BSE:SMTL) » Definitions » ROC %
Comparable Companies
Traded in Other Exchanges
N/A
Address
Strreet Splaiul Independentei 319 (Sema Parc), Office 410, Sector 6, Bucuresti, ROU, 060044
Website
https://www.simtel.ro
Simtel Team SA is engaged in the business of automation, renewable energy, and telecommunications. It is engaged in automation for the drive, regulation, and control systems, process optimization, and industrial automation that a company needs. Through the renewable energy segment, it is engaged in the design, supply of equipment, and implementation of photovoltaic power plants ensuring corrective and preventive maintenance for them and their related equipment. It is also the main provider of turnkey services for telecom operators in Romania.

Simtel Team Headlines

No Headlines