GTPBW (Gores Technology Partners II) ROC %: -0.38% (As of Sep. 2022)

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GTPBW Gores Technology Partners II Inc GTPBW
22 GF Score
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! 2 Warning Signs
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What is Gores Technology Partners II ROC %?

Gores Technology Partners II GTPBW 22 ROC % is -0.38% as of Sep. 2022. GuruFocus rates GTPBW with a GF Score™ of 22/100. The stock has 2 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 %. Gores Technology Partners II's annualized return on capital (ROC %) for the quarter that ended in Sep. 2022 was -0.38%.

As of today (2026-09-09), Gores Technology Partners II's WACC % is 10.60%. Gores Technology Partners II's ROC % is -0.41% (calculated using TTM income statement data). Gores Technology Partners II earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Gores Technology Partners II  (NAS:GTPBW) 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, Gores Technology Partners II's WACC % is 10.60%. Gores Technology Partners II's ROC % is -0.41% (calculated using TTM income statement data). Gores Technology Partners II 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.


Gores Technology Partners II ROC % Related Terms


Gores Technology Partners II ROC % Historical Data

* Premium members only.

The historical data trend for Gores Technology Partners II'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.

Gores Technology Partners II ROC % Chart

Gores Technology Partners II Annual Data
Trend Dec20 Dec21
ROC %
0.00 -0.49

Gores Technology Partners II Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
ROC % Get a 7-Day Free Trial -0.45 -0.35 -0.48 -0.44 -0.38
GTPBW
22GF Score
Gores Technology Partners II Inc GTPBW
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Gores Technology Partners II ROC % Calculation

Gores Technology Partners II's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2021 is calculated as:

ROC % (A: Dec. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2020 ) + Invested Capital (A: Dec. 2021 ))/ count )
=-2.334 * ( 1 - 0% )/( (0 + 480.35)/ 1 )
=-2.334/480.35
=-0.49 %

where

Gores Technology Partners II's annualized Return on Capital (ROC %) for the quarter that ended in Sep. 2022 is calculated as:

ROC % (Q: Sep. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2022 ) + Invested Capital (Q: Sep. 2022 ))/ count )
=-1.76 * ( 1 - 0.47% )/( (468.016 + 464.823)/ 2 )
=-1.751728/466.4195
=-0.38 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of -0.38% mean?
Gores Technology Partners II (GTPBW) has a ROC % of -0.38% as of Sep. 2022. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Gores Technology Partners II and its competitors.
Is Gores Technology Partners II's ROC % too high?
Gores Technology Partners II's current ROC % is -0.38%. Overall, Gores Technology Partners II has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Gores Technology Partners II's ROC % compare to VAQC and REVH?
Gores Technology Partners II's ROC % of -0.38% can be compared against companies in the Diversified Financial Services industry. 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 Diversified Financial Services company?
A good ROC % depends on the Diversified Financial Services industry context. 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 Gores Technology Partners II and its competitors. Gores Technology Partners II's current ROC % is -0.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gores Technology Partners II stock overvalued right now?
Gores Technology Partners II (GTPBW) has a current ROC % of -0.38%. The current ROC % is -0.38%. Gores Technology Partners II's overall GF Score™ is 22/100 with 2 warning signs to review. 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 Gores Technology Partners II (GTPBW), the current ROC % is -0.38% as of Sep. 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.

Gores Technology Partners II Business Description

Address 6260 Lookout Road, Boulder, CO, USA, 80301
Gores Technology Partners II Inc is a blank check company.
22GF Score

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ROC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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