EVKG (Ever-Glory International Group) ROC %: -10.69% (As of Sep. 2022)

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EVKG Ever-Glory International Group Inc EVKG
16 GF Score
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What is Ever-Glory International Group ROC %?

Ever-Glory International Group EVKG 16 ROC % is -10.69% as of Sep. 2022. GuruFocus rates EVKG with a GF Score™ of 16/100.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Ever-Glory International Group's annualized return on capital (ROC %) for the quarter that ended in Sep. 2022 was -10.69%.

As of today (2026-08-17), Ever-Glory International Group's WACC % is 0.00%. Ever-Glory International Group's ROC % is 0.00% (calculated using TTM income statement data). Ever-Glory International Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Ever-Glory International Group  (OTCPK:EVKG) 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, Ever-Glory International Group's WACC % is 0.00%. Ever-Glory International Group's ROC % is 0.00% (calculated using TTM income statement data). Ever-Glory International Group 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.


Ever-Glory International Group ROC % Related Terms


Ever-Glory International Group ROC % Historical Data

* Premium members only.

The historical data trend for Ever-Glory International Group'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.

Ever-Glory International Group ROC % Chart

Ever-Glory International Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.03 12.68 0.85 1.75 0.00

Ever-Glory International Group Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -0.72 10.14 -6.22 4.75 -10.69
EVKG
16GF Score
Ever-Glory International Group Inc EVKG
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ever-Glory International Group ROC % Calculation

Ever-Glory International Group's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2021 is calculated as:

ROC % (A: Dec. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2020 ) + Invested Capital (A: Dec. 2021 ))/ count )
=0.625 * ( 1 - 100% )/( (184.936 + 209.96)/ 2 )
=0/197.448
=0.00 %

where

Ever-Glory International Group's annualized Return on Capital (ROC %) for the quarter that ended in Sep. 2022 is calculated as:

ROC % (Q: Sep. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2022 ) + Invested Capital (Q: Sep. 2022 ))/ count )
=-23.432 * ( 1 - 12% )/( (200.33 + 185.274)/ 2 )
=-20.62016/192.802
=-10.69 %

where

Invested Capital(Q: Sep. 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))
=298.556 - 78.916 - ( 34.366 - max(0, 173.814 - 215.438+34.366))
=185.274

Note: The Operating Income data used here is four times the quarterly (Sep. 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 -10.69% mean?
Ever-Glory International Group (EVKG) has a ROC % of -10.69% as of Sep. 2022. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Ever-Glory International Group and its competitors.
Is Ever-Glory International Group's ROC % too high?
Ever-Glory International Group's current ROC % is -10.69%. Overall, Ever-Glory International Group has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Ever-Glory International Group's ROC % compare to SSNT and PCYG?
Ever-Glory International Group's ROC % of -10.69% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROC % is 3.12. 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 Manufacturing - Apparel & Accessories company?
The median ROC % among Manufacturing - Apparel & Accessories companies is 3.12, based on 1,044 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 Ever-Glory International Group and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC % is 3.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ever-Glory International Group's current ROC % is -10.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ever-Glory International Group stock overvalued right now?
Ever-Glory International Group (EVKG) has a current ROC % of -10.69%. The current ROC % is -10.69%. Ever-Glory International Group's overall GF Score™ is 16/100. 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 Ever-Glory International Group (EVKG), the current ROC % is -10.69% as of Sep. 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.

Ever-Glory International Group Business Description

Address Ever-Glory Commercial Center, 509 Chengxin Road, Jiangning Development Zone, Jiangsu Province, Nanjing, CHN, 211102
Ever-Glory International Group Inc retails branded fashion apparel and operates as an apparel supply chain solution provider. The company offers apparel to a woman under its various brands such as La go go, Velwin, Sea To Sky, and Idole with over 936 retail locations in China. The firm also offers apparel supply chain solutions aiming at middle-to-high end casual wear, outerwear, and sportswear brands. It manufactures apparel products in the People's Republic of China (PRC). It derives majority of its revenues from its business in Mainland China and has operations spread across HK China, UK, Europe, United States and Japan.
16GF Score

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ROC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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