ECPN (El Capitan Precious Metals) ROC %: -104.97% (As of Sep. 2017)


What is El Capitan Precious Metals ROC %?

El Capitan Precious Metals ECPN ROC % is -104.97% as of Sep. 2017.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. El Capitan Precious Metals's annualized return on capital (ROC %) for the quarter that ended in Sep. 2017 was -104.97%.

As of today (2026-06-25), El Capitan Precious Metals's WACC % is 0.00%. El Capitan Precious Metals's ROC % is 0.00% (calculated using TTM income statement data). El Capitan Precious Metals earns returns that do not match up to its cost of capital. It will destroy value as it grows.

El Capitan Precious Metals  (OTCPK:ECPN) 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, El Capitan Precious Metals's WACC % is 0.00%. El Capitan Precious Metals's ROC % is 0.00% (calculated using TTM income statement data). El Capitan Precious Metals 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.

El Capitan Precious Metals ROC % Related Terms

El Capitan Precious Metals ROC % Historical Data

* Premium members only.

The historical data trend for El Capitan Precious Metals'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.

El Capitan Precious Metals ROC % Chart

El Capitan Precious Metals Annual Data
Trend Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -90.57 -115.39 -67.55 -88.10 -89.51

El Capitan Precious Metals Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 -228.82 -77.15 -67.75 -64.10 -104.97

El Capitan Precious Metals ROC % Calculation

El Capitan Precious Metals's annualized Return on Capital (ROC %) for the fiscal year that ended in Sep. 2017 is calculated as:

ROC % (A: Sep. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Sep. 2016 ) + Invested Capital (A: Sep. 2017 ))/ count )
=-2.453 * ( 1 - 0% )/( (3.428 + 2.053)/ 2 )
=-2.453/2.7405
=-89.51 %

where

Invested Capital(A: Sep. 2016 )
=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))
=3.224 - 1.131 - ( 0.297 - max(0, 2.019 - 0.684+0.297))
=3.428

Invested Capital(A: Sep. 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))
=1.214 - 0.432 - ( 0.08 - max(0, 1.553 - 0.282+0.08))
=2.053

El Capitan Precious Metals's annualized Return on Capital (ROC %) for the quarter that ended in Sep. 2017 is calculated as:

ROC % (Q: Sep. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2017 ) + Invested Capital (Q: Sep. 2017 ))/ count )
=-2.828 * ( 1 - 0% )/( (3.335 + 2.053)/ 2 )
=-2.828/2.694
=-104.97 %

where

Invested Capital(Q: Jun. 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))
=3.454 - 0.552 - ( 0.057 - max(0, 1.355 - 0.922+0.057))
=3.335

Invested Capital(Q: Sep. 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))
=1.214 - 0.432 - ( 0.08 - max(0, 1.553 - 0.282+0.08))
=2.053

Note: The Operating Income data used here is four times the quarterly (Sep. 2017) 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 -104.97% mean?
El Capitan Precious Metals (ECPN) has a ROC % of -104.97% as of Sep. 2017. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on El Capitan Precious Metals and its competitors.
Is El Capitan Precious Metals' ROC % too high?
El Capitan Precious Metals' current ROC % is -104.97%.
How does El Capitan Precious Metals' ROC % compare to MAGE?
El Capitan Precious Metals' ROC % of -104.97% can be compared against companies in the Metals & Mining industry. 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 Metals & Mining company?
A good ROC % depends on the Metals & Mining industry context. 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 El Capitan Precious Metals and its competitors. El Capitan Precious Metals's current ROC % is -104.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is El Capitan Precious Metals stock overvalued right now?
El Capitan Precious Metals (ECPN) has a current ROC % of -104.97%. The current ROC % is -104.97%. 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 El Capitan Precious Metals (ECPN), the current ROC % is -104.97% as of Sep. 2017. 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.

El Capitan Precious Metals Business Description

Address 5871 Honeysuckle Road, Prescott, AZ, USA, 86305
El Capitan Precious Metals Inc is an exploration stage mining company. It explores for precious metals and other minerals. The company owns an interest in El Capitan Ltd which holds an interest in the El Capitan property located in New Mexico. Its objective is to market and sell the El Capitan Property to a mining company or enter a joint venture arrangement with a mining company to conduct mining operations. The El Capitan property consists of more than 350 Bureau of Land Management lode claims and four patented claims.