DPXCF (Delphx Capital Markets) ROC %: -605,283,789,918,594,688.00% (As of Mar. 2026)


What is Delphx Capital Markets ROC %?

Delphx Capital Markets DPXCF -11.79% ROC % is -605,283,789,918,594,688.00% as of Mar. 2026. The stock has 1 warning sign 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 %. Delphx Capital Markets's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was -605,283,789,918,594,688.00%.

As of today (2026-06-25), Delphx Capital Markets's WACC % is -10.35%. Delphx Capital Markets's ROC % is 0.00% (calculated using TTM income statement data). Delphx Capital Markets generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


Delphx Capital Markets  (OTCPK:DPXCF) 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, Delphx Capital Markets's WACC % is -10.35%. Delphx Capital Markets's ROC % is 0.00% (calculated using TTM income statement data). Delphx Capital Markets generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


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.


Delphx Capital Markets ROC % Related Terms


Delphx Capital Markets ROC % Historical Data

* Premium members only.

The historical data trend for Delphx Capital Markets'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.

Delphx Capital Markets ROC % Chart

Delphx Capital Markets Annual Data
Trend Jan17 Jan18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
Get a 7-Day Free Trial Premium Member Only -627.46 -1,645.89 0.00 0.00 0.00

Delphx Capital Markets Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 -605,283,789,918,594,688.00

Delphx Capital Markets ROC % Calculation

Delphx Capital Markets's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=-1.366 * ( 1 - 0% )/( (0 + 0)/ 1 )
=-1.366/0
= %

where

Delphx Capital Markets's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-1.344 * ( 1 - 0% )/( (0 + 2.2204460492503E-16)/ 1 )
=-1.344/2.2204460492503E-16
=-605,283,789,918,594,688.00 %

where

Invested Capital(Q: Mar. 2026 )
=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))
=0.179 - 1.759 - ( 0.118 - max(0, 1.759 - 0.179+0.118))
=2.2204460492503E-16

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) 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 -605,283,789,918,594,688.00% mean?
Delphx Capital Markets (DPXCF) has a ROC % of -605,283,789,918,594,688.00% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Delphx Capital Markets and its competitors.
Is Delphx Capital Markets' ROC % too high?
Delphx Capital Markets' current ROC % is -605,283,789,918,594,688.00%.
How does Delphx Capital Markets' ROC % compare to MS and GS?
Delphx Capital Markets' ROC % of -605,283,789,918,594,688.00% can be compared against companies in the Capital Markets industry. The industry median ROC % is 1.23. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Capital Markets company?
The median ROC % among Capital Markets companies is 1.23, based on 694 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 Delphx Capital Markets and its competitors. For the Capital Markets industry, the median ROC % is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delphx Capital Markets's current ROC % is -605,283,789,918,594,688.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delphx Capital Markets stock overvalued right now?
Delphx Capital Markets (DPXCF) has a current ROC % of -605,283,789,918,594,688.00%. The current ROC % is -605,283,789,918,594,688.00%. 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 Delphx Capital Markets (DPXCF), the current ROC % is -605,283,789,918,594,688.00% as of Mar. 2026. 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.

Delphx Capital Markets Business Description

Other Exchanges DELX:Canada
Address 15 Prince Arthur Avenue, Toronto, ON, CAN, M5R 1B2
Delphx Capital Markets Inc is a Canada-based company. Its principal business activity is to develop and operate a world-wide facility for the transparent offering, purchase, sale, collection, and storage of certain fixed-income securities and derivatives, and to manage data, research, analytics, and valuations of such instruments. The company operates in Canada and the United States.