ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. EVO Transportation & Energy Services's annualized return on capital (ROC %) for the quarter that ended in Dec. 2022 was 6.84%.
As of today (2026-06-25), EVO Transportation & Energy Services's WACC % is 0.00%. EVO Transportation & Energy Services's ROC % is 0.00% (calculated using TTM income statement data).
EVO Transportation & Energy Services earns returns that do not match up to its cost of capital. It will destroy value as it grows.
EVO Transportation & Energy Services (OTCPK:EVOA) 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, EVO Transportation & Energy Services's WACC % is 0.00%. EVO Transportation & Energy Services's ROC % is 0.00% (calculated using TTM income statement data).
EVO Transportation & Energy Services 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.
EVO Transportation & Energy Services ROC % Related Terms
EVO Transportation & Energy Services ROC % Historical 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.
Note:
The Operating Income data used here is four times the quarterly (Dec. 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.
EVO Transportation & Energy Services (EVOA) has a ROC % of 6.84% as of Dec. 2022. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on EVO Transportation & Energy Services and its competitors.
Is EVO Transportation & Energy Services' ROC % too high?
EVO Transportation & Energy Services' current ROC % is 6.84%. The Transportation industry median ROC % is 4.69. EVO Transportation & Energy Services' value of 6.84% is 45.8% above this industry median. Overall, EVO Transportation & Energy Services has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does EVO Transportation & Energy Services' ROC % compare to ATYG and CLTS?
EVO Transportation & Energy Services' ROC % of 6.84% can be compared against companies in the Transportation industry. The industry median ROC % is 4.69. EVO Transportation & Energy Services' value of 6.84% is 45.8% above this benchmark. 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 Transportation company?
The median ROC % among Transportation companies is 4.69, based on 994 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. EVO Transportation & Energy Services's current ROC % of 6.84% is 45.8% above the industry median. 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 EVO Transportation & Energy Services and its competitors. For the Transportation industry, the median ROC % is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EVO Transportation & Energy Services's current ROC % is 6.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EVO Transportation & Energy Services stock overvalued right now?
EVO Transportation & Energy Services (EVOA) has a current ROC % of 6.84%. The current ROC % is 6.84% and 45.8% above the Transportation industry median of 4.69. EVO Transportation & Energy Services' overall GF Score™ is 12/100. 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 EVO Transportation & Energy Services (EVOA), the current ROC % is 6.84% as of Dec. 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.
EVO Transportation & Energy Services Business Description
EVO Transportation & Energy Services Inc is a holding company based in Peoria, Arizona. The company along with its subsidiaries is engaged in the business of acquiring, building, and operating public and private CNG fueling stations. The company's operating segments include Trucking and CNG Fueling Stations. Trucking is comprised of domestic freight trucking and surface transportation services. It generates maximum revenue from the Trucking segment.
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