GMGT (Gaming Technologies) ROC %: -93.50% (As of Dec. 2022)

What is Gaming Technologies ROC %?

Gaming Technologies GMGT ROC % is -93.50% as of Dec. 2022.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Gaming Technologies's annualized return on capital (ROC %) for the quarter that ended in Dec. 2022 was -93.50%.

As of today (2026-06-28), Gaming Technologies's WACC % is 0.00%. Gaming Technologies's ROC % is 0.00% (calculated using TTM income statement data). Gaming Technologies earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Gaming Technologies (OTCPK:GMGT) 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, Gaming Technologies's WACC % is 0.00%. Gaming Technologies's ROC % is 0.00% (calculated using TTM income statement data). Gaming Technologies 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.

Gaming Technologies ROC % Related Terms

Gaming Technologies ROC % Historical Data

* Premium members only.

The historical data trend for Gaming Technologies'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.

Gaming Technologies ROC % Chart

Gaming Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

ROC %

-234.70

-4,063.84

-1,919.63

-123.71

Gaming Technologies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
ROC %	Get a 7-Day Free Trial								-2,115.41	-278.50	-83.19	-71.02	-93.50

Gaming Technologies ROC % Calculation

Gaming Technologies's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2022 is calculated as:

	ROC % (A: Dec. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Dec. 2021 )	+	Invested Capital (A: Dec. 2022 ))	/ count )
=	-2.455 * ( 1 - 0% )	/	( (1.228	+	2.741)	/ 2 )
=	-2.455	/	1.9845
=	-123.71 %

where

	Invested Capital		(A: Dec. 2021 )
=	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	))
=	0.703	-	1.589	-	( 0.407	-	max(0, 2.63	-	0.516	+	0.407	))
=	1.228

	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	))
=	0.704	-	2.701	-	( 0.373	-	max(0, 5.137	-	0.399	+	0.373	))
=	2.741

Gaming Technologies's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2022 is calculated as:

	ROC % (Q: Dec. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2022 )	+	Invested Capital (Q: Dec. 2022 ))	/ count )
=	-2.476 * ( 1 - 0% )	/	( (2.555	+	2.741)	/ 2 )
=	-2.476	/	2.648
=	-93.50 %

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	))
=	0.211	-	2.439	-	( 0	-	max(0, 4.808	-	0.025	+	0	))
=	2.555

	Invested Capital		(Q: 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	))
=	0.704	-	2.701	-	( 0.373	-	max(0, 5.137	-	0.399	+	0.373	))
=	2.741

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%.

Frequently Asked Questions Learn more about ROC % →

What does a ROC % of -93.50% mean?

Gaming Technologies (GMGT) has a ROC % of -93.50% as of Dec. 2022. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Gaming Technologies and its competitors.

Is Gaming Technologies' ROC % too high?

Gaming Technologies' current ROC % is -93.50%.

How does Gaming Technologies' ROC % compare to ?

Gaming Technologies' ROC % of -93.50% can be compared against companies in the Interactive Media industry. The industry median ROC % is 1.88. 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 Interactive Media company?

The median ROC % among Interactive Media companies is 1.88, based on 560 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 Gaming Technologies and its competitors. For the Interactive Media industry, the median ROC % is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gaming Technologies's current ROC % is -93.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Gaming Technologies stock overvalued right now?

Gaming Technologies (GMGT) has a current ROC % of -93.50%. The current ROC % is -93.50%. 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 Gaming Technologies (GMGT), the current ROC % is -93.50% 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.

Gaming Technologies Business Description

Industry Communication Services Interactive Media

Comparable Companies

Address Two Summerlin, Las Vegas, NV, USA, 89135

Website https://www.gametech.com

Gaming Technologies Inc is a gaming company specializing in business building early-stage online gambling industry company with offices in London and New York. The company develops licensed third-party games for distribution and operates a proprietary gaming platform that enables B2B partners to establish online gambling presences. The company generates more revenue from Online Casino offerings in Mexico.