GCTS (GCT Semiconductor Holding) ROC %: -41.82% (As of Mar. 2026)

What is GCT Semiconductor Holding ROC %?

GCT Semiconductor Holding GCTS -5.00% ROC % is -41.82% as of Mar. 2026. The stock has 8 warning signs investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. GCT Semiconductor Holding's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was -41.82%.

As of today (2026-06-25), GCT Semiconductor Holding's WACC % is 10.66%. GCT Semiconductor Holding's ROC % is -59.53% (calculated using TTM income statement data). GCT Semiconductor Holding earns returns that do not match up to its cost of capital. It will destroy value as it grows.

GCT Semiconductor Holding (NYSE:GCTS) 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, GCT Semiconductor Holding's WACC % is 10.66%. GCT Semiconductor Holding's ROC % is -59.53% (calculated using TTM income statement data). GCT Semiconductor Holding 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.

GCT Semiconductor Holding ROC % Related Terms

GCT Semiconductor Holding ROC % Historical Data

* Premium members only.

The historical data trend for GCT Semiconductor Holding'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.

GCT Semiconductor Holding ROC % Chart

GCT Semiconductor Holding Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Dec25

ROC %

-21.90

-33.61

-22.19

-45.61

-71.43

GCT Semiconductor Holding Quarterly Data
	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROC %	Get a 7-Day Free Trial										-65.40	-55.98	-60.40	-74.26	-41.82

GCT Semiconductor Holding ROC % Calculation

GCT Semiconductor Holding's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2025 is calculated as:

	ROC % (A: Dec. 2025 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Dec. 2024 )	+	Invested Capital (A: Dec. 2025 ))	/ count )
=	-36.54 * ( 1 - 0% )	/	( (41.143	+	61.161)	/ 2 )
=	-36.54	/	51.152
=	-71.43 %

where

	Invested Capital		(A: Dec. 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	))
=	19.897	-	22.085	-	( 1.435	-	max(0, 60.922	-	17.591	+	1.435	))
=	41.143

	Invested Capital		(A: Dec. 2025 )
=	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	))
=	15.644	-	22.185	-	( 0.59	-	max(0, 79.586	-	11.884	+	0.59	))
=	61.161

GCT Semiconductor Holding's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2026 is calculated as:

	ROC % (Q: Mar. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2025 )	+	Invested Capital (Q: Mar. 2026 ))	/ count )
=	-24.528 * ( 1 - 0% )	/	( (61.161	+	56.143)	/ 2 )
=	-24.528	/	58.652
=	-41.82 %

where

	Invested Capital		(Q: Dec. 2025 )
=	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	))
=	15.644	-	22.185	-	( 0.59	-	max(0, 79.586	-	11.884	+	0.59	))
=	61.161

	Invested Capital		(Q: Mar. 2026 )
=	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	))
=	22.378	-	21.733	-	( 7.185	-	max(0, 74.535	-	19.037	+	7.185	))
=	56.143

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

Frequently Asked Questions Learn more about ROC % →

What does a ROC % of -41.82% mean?

GCT Semiconductor Holding (GCTS) has a ROC % of -41.82% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on GCT Semiconductor Holding and its competitors.

Is GCT Semiconductor Holding's ROC % too high?

GCT Semiconductor Holding's current ROC % is -41.82%.

How does GCT Semiconductor Holding's ROC % compare to MX and GSIT?

GCT Semiconductor Holding's ROC % of -41.82% can be compared against companies in the Semiconductors industry. The industry median ROC % is 3.74. 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 Semiconductors company?

The median ROC % among Semiconductors companies is 3.74, based on 1,012 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 GCT Semiconductor Holding and its competitors. For the Semiconductors industry, the median ROC % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GCT Semiconductor Holding's current ROC % is -41.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is GCT Semiconductor Holding stock overvalued right now?

GCT Semiconductor Holding (GCTS) has a current ROC % of -41.82%. The current ROC % is -41.82%. 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 GCT Semiconductor Holding (GCTS), the current ROC % is -41.82% as of Mar. 2026. 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.

GCT Semiconductor Holding Business Description

Industry Technology Semiconductors

Comparable Companies MX GSIT QUIK VLN ALMU IPWR NVEC SQNS NA PXLW NVDA AVGO TPE:2330 XKRX:000660 MU AMD INTC TXN QCOM TSE:285A

Address 2290 North 1st Street, Suite 201, San Jose, CA, USA, 95131

Website https://www.gctsemi.com

GCT Semiconductor Holding Inc is a designer and supplier of 5G and 4G LTE semiconductor solutions. It enabled fast and reliable 4G LTE connectivity to numerous commercial devices such as CPEs, mobile hotspots, routers, M2M applications, and smartphones, etc. The system-on-chip solutions integrate radio frequency, baseband modem, and digital signal processing functions, therefore offering complete 4G and 5G platform solutions with small form factors, low power consumption, high performance, high reliability, and cost-effectiveness. Geographically, operates in South Korea and the United States, with maximum revenue from the USA.