IFAN (IFAN Financial) ROC %: -33.64% (As of May. 2016)

What is IFAN Financial ROC %?

IFAN Financial IFAN -99.00% ROC % is -33.64% as of May. 2016.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. IFAN Financial's annualized return on capital (ROC %) for the quarter that ended in May. 2016 was -33.64%.

As of today (2026-06-26), IFAN Financial's WACC % is 0.00%. IFAN Financial's ROC % is 0.00% (calculated using TTM income statement data). IFAN Financial earns returns that do not match up to its cost of capital. It will destroy value as it grows.

IFAN Financial (OTCPK:IFAN) 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, IFAN Financial's WACC % is 0.00%. IFAN Financial's ROC % is 0.00% (calculated using TTM income statement data). IFAN Financial 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.

IFAN Financial ROC % Related Terms

IFAN Financial ROC % Historical Data

* Premium members only.

The historical data trend for IFAN Financial'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.

IFAN Financial ROC % Chart

IFAN Financial Annual Data

Trend

Aug11

Aug12

Aug13

Aug14

Aug15

ROC %

0.00

-22.16

-77.81

IFAN Financial Quarterly Data
	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16
ROC %	Get a 7-Day Free Trial															-46.91	-17.62	-74.43	-49.78	-33.64

IFAN Financial ROC % Calculation

IFAN Financial's annualized Return on Capital (ROC %) for the fiscal year that ended in Aug. 2015 is calculated as:

	ROC % (A: Aug. 2015 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Aug. 2014 )	+	Invested Capital (A: Aug. 2015 ))	/ count )
=	-2.157 * ( 1 - 0% )	/	( (0.194	+	5.35)	/ 2 )
=	-2.157	/	2.772
=	-77.81 %

where

	Invested Capital		(A: Aug. 2014 )
=	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	))
=	0.281	-	0.311	-	( 0	-	max(0, 0.311	-	0.087	+	0	))
=	0.194

	Invested Capital		(A: Aug. 2015 )
=	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	))
=	5.021	-	0.971	-	( 0.138	-	max(0, 1.447	-	0.147	+	0.138	))
=	5.35

IFAN Financial's annualized Return on Capital (ROC %) for the quarter that ended in May. 2016 is calculated as:

	ROC % (Q: May. 2016 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Feb. 2016 )	+	Invested Capital (Q: May. 2016 ))	/ count )
=	-1.78 * ( 1 - 0% )	/	( (5.357	+	5.225)	/ 2 )
=	-1.78	/	5.291
=	-33.64 %

where

	Invested Capital		(Q: Feb. 2016 )
=	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	))
=	4.333	-	1.155	-	( 0.046	-	max(0, 2.225	-	0.046	+	0.046	))
=	5.357

	Invested Capital		(Q: May. 2016 )
=	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	))
=	4.068	-	1.121	-	( 0.135	-	max(0, 2.414	-	0.136	+	0.135	))
=	5.225

Note: The Operating Income data used here is four times the quarterly (May. 2016) data. The tax rate is limited to between 0% and 100%.

Frequently Asked Questions Learn more about ROC % →

What does a ROC % of -33.64% mean?

IFAN Financial (IFAN) has a ROC % of -33.64% as of May. 2016. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on IFAN Financial and its competitors.

Is IFAN Financial's ROC % too high?

IFAN Financial's current ROC % is -33.64%.

How does IFAN Financial's ROC % compare to ADAC and VCAN?

IFAN Financial's ROC % of -33.64% 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 IFAN Financial and its competitors. IFAN Financial's current ROC % is -33.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is IFAN Financial stock overvalued right now?

IFAN Financial (IFAN) has a current ROC % of -33.64%. The current ROC % is -33.64%. 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 IFAN Financial (IFAN), the current ROC % is -33.64% as of May. 2016. 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.

IFAN Financial Business Description

Industry Financial Services Diversified Financial Services

Comparable Companies ADAC VCAN CIIT LWLW HKEB FWLAF CPKA UPDC FRMC MUSS ANSU MGHL HRVOF GNTW BLKE ITDN SCPD ZMWYF GLBB HLLY

Address 607 Shelby, 700-1005, Detroit, MI, USA, 48226

Website https://www.ifanfinancialinc.com

IFAN Financial Inc is a shell company.