KNIT (Kinetic Group) ROC %: 0.00% (As of Sep. 2024)


KNIT Kinetic Group Inc KNIT
39 GF Score
Price $2.00
View Full Analysis

What is Kinetic Group ROC %?

Kinetic Group KNIT 39 ROC % is 0.00% as of Sep. 2024. GuruFocus rates KNIT with a GF Score™ of 39/100.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Kinetic Group's annualized return on capital (ROC %) for the quarter that ended in Sep. 2024 was 0.00%.

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


Kinetic Group  (OTCPK:KNIT) 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, Kinetic Group's WACC % is 0.00%. Kinetic Group's ROC % is 0.00% (calculated using TTM income statement data). Kinetic Group 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.


Kinetic Group ROC % Related Terms


Kinetic Group ROC % Historical Data

* Premium members only.

The historical data trend for Kinetic Group'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.

Kinetic Group ROC % Chart

Kinetic Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
ROC %
Get a 7-Day Free Trial Premium Member Only -1,750.00 0.00 -10.47 -24.11 0.00

Kinetic Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -23.27 -20.36 -13.09 0.00 0.00
KNIT
39GF Score
Kinetic Group Inc KNIT
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kinetic Group ROC % Calculation

Kinetic Group's annualized Return on Capital (ROC %) for the fiscal year that ended in Sep. 2024 is calculated as:

ROC % (A: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Sep. 2023 ) + Invested Capital (A: Sep. 2024 ))/ count )
=-0.095 * ( 1 - 0% )/( (0 + 0)/ 1 )
=-0.095/0
= %

where

Kinetic Group's annualized Return on Capital (ROC %) for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-0.1 * ( 1 - 0% )/( (0 + 0)/ 1 )
=-0.1/0
= %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) 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 0.00% mean?
Kinetic Group (KNIT) has a ROC % of 0.00% as of Sep. 2024. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Kinetic Group and its competitors.
Is Kinetic Group's ROC % too high?
Kinetic Group's current ROC % is 0.00%. Overall, Kinetic Group has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Kinetic Group's ROC % compare to UCL and NUVR?
Kinetic Group's ROC % of 0.00% can be compared against companies in the Telecommunication Services industry. The industry median ROC % is 4.54. 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 Telecommunication Services company?
The median ROC % among Telecommunication Services companies is 4.54, based on 366 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 Kinetic Group and its competitors. For the Telecommunication Services industry, the median ROC % is 4.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kinetic Group's current ROC % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinetic Group stock overvalued right now?
Kinetic Group (KNIT) has a current ROC % of 0.00%. The current ROC % is 0.00%. Kinetic Group's overall GF Score™ is 39/100. 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 Kinetic Group (KNIT), the current ROC % is 0.00% as of Sep. 2024. 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.

Kinetic Group Business Description

Address 2801 NW 74th Avenue, Miami, FL, USA, 33122
Kinetic Group Inc is a telecommunications company focused on owning, operating, and building wireless infrastructure for international mobile carriers in Latin America. The company rents operate and build tower/rooftop/unconventional infrastructure, fiber optic networks, DAS, and telecommunication equipment for MNO's.
39GF Score

Get the complete analysis for KNIT

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

$2.00
Price