Hydrogen Utopia International (FRA:D60) ROC % : -61.91% (As of Jun. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Hydrogen Utopia International ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Hydrogen Utopia International's annualized return on capital (ROC %) for the quarter that ended in Jun. 2024 was -61.91%.

As of today (2024-12-12), Hydrogen Utopia International's WACC % is 10.05%. Hydrogen Utopia International's ROC % is -54.82% (calculated using TTM income statement data). Hydrogen Utopia International earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Hydrogen Utopia International ROC % Historical Data

The historical data trend for Hydrogen Utopia International'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.

* Premium members only.

Hydrogen Utopia International ROC % Chart

Hydrogen Utopia International Annual Data

Trend

Dec21

Dec22

Dec23

ROC %

-84.74

-82.50

Hydrogen Utopia International Semi-Annual Data
	Jun21	Jun22	Dec22	Jun23	Dec23	Jun24
ROC %	Get a 7-Day Free Trial			-123.75	-142.04	-109.07	-54.12	-61.91

Hydrogen Utopia International ROC % Calculation

Hydrogen Utopia International's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2023 is calculated as:

	ROC % (A: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Dec. 2022 )	+	Invested Capital (A: Dec. 2023 ))	/ count )
=	-1.577 * ( 1 - 8.06% )	/	( (1.841	+	1.674)	/ 2 )
=	-1.4498938	/	1.7575
=	-82.50 %

where

	Invested Capital		(A: Dec. 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	))
=	4.637	-	0.022	-	( 3.443	-	max(0, 0.781	-	3.555	+	3.443	))
=	1.841

	Invested Capital		(A: Dec. 2023 )
=	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	))
=	3.115	-	0.203	-	( 1.494	-	max(0, 0.959	-	2.197	+	1.494	))
=	1.674

Hydrogen Utopia International's annualized Return on Capital (ROC %) for the quarter that ended in Jun. 2024 is calculated as:

	ROC % (Q: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	-1.192 * ( 1 - 0% )	/	( (1.674	+	2.177)	/ 2 )
=	-1.192	/	1.9255
=	-61.91 %

where

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	3.115	-	0.203	-	( 1.494	-	max(0, 0.959	-	2.197	+	1.494	))
=	1.674

	Invested Capital		(Q: Jun. 2024 )
=	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	))
=	2.58	-	0.121	-	( 0.282	-	max(0, 0.845	-	1.644	+	0.282	))
=	2.177

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

Hydrogen Utopia International (FRA:D60) 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, Hydrogen Utopia International's WACC % is 10.05%. Hydrogen Utopia International's ROC % is -54.82% (calculated using TTM income statement data). Hydrogen Utopia International 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.

Hydrogen Utopia International ROC % Related Terms

Thank you for viewing the detailed overview of Hydrogen Utopia International's ROC % provided by GuruFocus.com. Please click on the following links to see related term pages.

Hydrogen Utopia International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Hydrogen Utopia International PLC (FRA:D60) » Definitions » ROC %

Comparable Companies

Traded in Other Exchanges

HUIPF:USA HUI:UK

Address

105-108 Old Broad Street, 3rd Floor, Pinners Hall, London, GBR, EC2N 1ER

Website

https://www.hydrogenutopia.eu

Hydrogen Utopia International PLC develops non-recyclable waste plastics for hydrogen technology. It uses non-recyclable mixed waste plastic as feedstock and turns it into syngas from which new products and energy can be produced.

Hydrogen Utopia International Headlines

No Headlines