FSCR (Federal Screw Works) ROC %: -5.05% (As of Dec. 2004)


What is Federal Screw Works ROC %?

Federal Screw Works FSCR -0.27% ROC % is -5.05% as of Dec. 2004.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Federal Screw Works's annualized return on capital (ROC %) for the quarter that ended in Dec. 2004 was -5.05%.

As of today (2026-06-24), Federal Screw Works's WACC % is 0.00%. Federal Screw Works's ROC % is 0.00% (calculated using TTM income statement data). Federal Screw Works earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Federal Screw Works  (OTCPK:FSCR) 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, Federal Screw Works's WACC % is 0.00%. Federal Screw Works's ROC % is 0.00% (calculated using TTM income statement data). Federal Screw Works 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.


Federal Screw Works ROC % Related Terms


Federal Screw Works ROC % Historical Data

* Premium members only.

The historical data trend for Federal Screw Works'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.

Federal Screw Works ROC % Chart

Federal Screw Works Annual Data
Trend Jun95 Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.83 5.21 3.36 3.61 1.29

Federal Screw Works Quarterly Data
Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04
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 0.73 2.44 2.06 -3.77 -5.05

Federal Screw Works ROC % Calculation

Federal Screw Works's annualized Return on Capital (ROC %) for the fiscal year that ended in Jun. 2004 is calculated as:

ROC % (A: Jun. 2004 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Jun. 2003 ) + Invested Capital (A: Jun. 2004 ))/ count )
=1.673 * ( 1 - 26.49% )/( (89.633 + 100.773)/ 2 )
=1.2298223/95.203
=1.29 %

where

Federal Screw Works's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2004 is calculated as:

ROC % (Q: Dec. 2004 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2004 ) + Invested Capital (Q: Dec. 2004 ))/ count )
=-7.7 * ( 1 - 32.97% )/( (101.486 + 102.919)/ 2 )
=-5.16131/102.2025
=-5.05 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2004) 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 -5.05% mean?
Federal Screw Works (FSCR) has a ROC % of -5.05% as of Dec. 2004. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Federal Screw Works and its competitors.
Is Federal Screw Works' ROC % too high?
Federal Screw Works' current ROC % is -5.05%.
How does Federal Screw Works' ROC % compare to PAOS and PFIN?
Federal Screw Works' ROC % of -5.05% can be compared against companies in the Industrial Products industry. The industry median ROC % is 5.23. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for an Industrial Products company?
The median ROC % among Industrial Products companies is 5.23, based on 3,039 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 Federal Screw Works and its competitors. For the Industrial Products industry, the median ROC % is 5.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Federal Screw Works's current ROC % is -5.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal Screw Works stock overvalued right now?
Federal Screw Works (FSCR) has a current ROC % of -5.05%. The current ROC % is -5.05%. 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 Federal Screw Works (FSCR), the current ROC % is -5.05% as of Dec. 2004. 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.

Federal Screw Works Business Description

Address 34846 Goddard Road, Romulus, MI, USA, 48174
Federal Screw Works operates as the manufacturer and marketer of industrial component parts. The group offers parts such as locknuts, bolts, piston pins, studs, bushings, shafts, and other machined, cold-formed, hardened, and ground metal parts, which are served by the automobile industry. Its component is used in the products of cold-formed and machined pins and products, close tolerance machined products, engineered nut products, cold-formed tooling, and complex cold-formed products. Geographically all the operations function through the United States.