CELX (Celexpress) ROC %: -71.74% (As of Dec. 2004)

What is Celexpress ROC %?

Celexpress CELX -99.00% ROC % is -71.74% as of Dec. 2004.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Celexpress's annualized return on capital (ROC %) for the quarter that ended in Dec. 2004 was -71.74%.

As of today (2026-06-24), Celexpress's WACC % is 0.00%. Celexpress's ROC % is 0.00% (calculated using TTM income statement data). Celexpress earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Celexpress (OTCPK:CELX) 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, Celexpress's WACC % is 0.00%. Celexpress's ROC % is 0.00% (calculated using TTM income statement data). Celexpress 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.

Celexpress ROC % Related Terms

Celexpress ROC % Historical Data

* Premium members only.

The historical data trend for Celexpress'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.

Celexpress ROC % Chart

Celexpress Annual Data

Trend

Dec99

Mar01

Mar02

Mar03

Mar04

ROC %

-18.92

-238.42

-69.65

-94.37

-69.82

Celexpress Quarterly Data
	Dec99	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04
ROC %	Get a 7-Day Free Trial															-87.08	-107.89	-100.46	-102.60	-71.74

Celexpress ROC % Calculation

Celexpress's annualized Return on Capital (ROC %) for the fiscal year that ended in Mar. 2004 is calculated as:

	ROC % (A: Mar. 2004 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Mar. 2003 )	+	Invested Capital (A: Mar. 2004 ))	/ count )
=	-14.228 * ( 1 - 0% )	/	( (28.64	+	12.118)	/ 2 )
=	-14.228	/	20.379
=	-69.82 %

where

	Invested Capital		(A: Mar. 2003 )
=	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	))
=	12.775	-	3.617	-	( 1.205	-	max(0, 22.436	-	2.954	+	1.205	))
=	28.64

	Invested Capital		(A: Mar. 2004 )
=	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	))
=	14.727	-	3.92	-	( 0.389	-	max(0, 3.92	-	2.609	+	0.389	))
=	12.118

Celexpress's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2004 is calculated as:

	ROC % (Q: Dec. 2004 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2004 )	+	Invested Capital (Q: Dec. 2004 ))	/ count )
=	-9.652 * ( 1 - 0% )	/	( (12.484	+	14.426)	/ 2 )
=	-9.652	/	13.455
=	-71.74 %

where

	Invested Capital		(Q: Sep. 2004 )
=	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	))
=	14.387	-	3.254	-	( 0.845	-	max(0, 4.754	-	3.403	+	0.845	))
=	12.484

	Invested Capital		(Q: Dec. 2004 )
=	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	))
=	14.61	-	2.398	-	( 2.802	-	max(0, 7.398	-	5.184	+	2.802	))
=	14.426

Note: The Operating Income data used here is four times the quarterly (Dec. 2004) data. The tax rate is limited to between 0% and 100%.

Frequently Asked Questions Learn more about ROC % →

What does a ROC % of -71.74% mean?

Celexpress (CELX) has a ROC % of -71.74% as of Dec. 2004. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Celexpress and its competitors.

Is Celexpress' ROC % too high?

Celexpress' current ROC % is -71.74%.

How does Celexpress' ROC % compare to VPLM and FSNN?

Celexpress' ROC % of -71.74% can be compared against companies in the Telecommunication Services industry. The industry median ROC % is 4.54. 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 Telecommunication Services company?

The median ROC % among Telecommunication Services companies is 4.54, based on 366 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 Celexpress and its competitors. For the Telecommunication Services industry, the median ROC % is 4.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Celexpress's current ROC % is -71.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Celexpress stock overvalued right now?

Celexpress (CELX) has a current ROC % of -71.74%. The current ROC % is -71.74%. 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 Celexpress (CELX), the current ROC % is -71.74% as of Dec. 2004. 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.

Celexpress Business Description

Industry Communication Services Telecommunication Services

Comparable Companies VPLM FSNN NULM SYTE OTEL BVWN NXGH SITO TELLF CLRI GLOW CCOP NIHD VLTC TEUM SLXXF KONE WPCS MTSL UTSI

Address 100 North Biscayne Boulevard, Suite 1200, Miami, FL, USA, 33132

Celexpress Inc provides telecommunication services. The company through its subsidiaries offers international commercial and wholesale telephony services.