Pioneer AI Foundry (NEOE:JPEG) ROC % : -17.37% (As of Nov. 2024)

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What is Pioneer AI Foundry ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Pioneer AI Foundry's annualized return on capital (ROC %) for the quarter that ended in Nov. 2024 was -17.37%.

As of today (2025-04-05), Pioneer AI Foundry's WACC % is 65.34%. Pioneer AI Foundry's ROC % is -45.59% (calculated using TTM income statement data). Pioneer AI Foundry earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Pioneer AI Foundry ROC % Historical Data

The historical data trend for Pioneer AI Foundry'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.

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Pioneer AI Foundry ROC % Chart

Pioneer AI Foundry Annual Data

Trend

May19

May20

May21

May22

May23

May24

ROC %

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10.99

26.50

-35.02

-69.39

-1.78

Pioneer AI Foundry Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
ROC %	Get a 7-Day Free Trial															207.10	12.76	-130.56	-38.20	-17.37

Pioneer AI Foundry ROC % Calculation

Pioneer AI Foundry's annualized Return on Capital (ROC %) for the fiscal year that ended in May. 2024 is calculated as:

	ROC % (A: May. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: May. 2023 )	+	Invested Capital (A: May. 2024 ))	/ count )
=	-0.1 * ( 1 - 0% )	/	( (3.979	+	7.244)	/ 2 )
=	-0.1	/	5.6115
=	-1.78 %

where

	Invested Capital		(A: May. 2023 )
=	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	))
=	4.617	-	1.028	-	( 0.639	-	max(0, 1.18	-	0.79	+	0.639	))
=	3.979

	Invested Capital		(A: May. 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	))
=	7.811	-	0.949	-	( 0.476	-	max(0, 0.949	-	0.567	+	0.476	))
=	7.244

Pioneer AI Foundry's annualized Return on Capital (ROC %) for the quarter that ended in Nov. 2024 is calculated as:

	ROC % (Q: Nov. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Aug. 2024 )	+	Invested Capital (Q: Nov. 2024 ))	/ count )
=	-1.164 * ( 1 - 0% )	/	( (6.765	+	6.639)	/ 2 )
=	-1.164	/	6.702
=	-17.37 %

where

	Invested Capital		(Q: Aug. 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	))
=	7.174	-	1.08	-	( 0.332	-	max(0, 1.08	-	0.409	+	0.332	))
=	6.765

	Invested Capital		(Q: Nov. 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	))
=	6.708	-	0.904	-	( 0.069	-	max(0, 0.904	-	0.069	+	0.069	))
=	6.639

Note: The Operating Income data used here is four times the quarterly (Nov. 2024) data.

Pioneer AI Foundry (NEOE:JPEG) 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, Pioneer AI Foundry's WACC % is 65.34%. Pioneer AI Foundry's ROC % is -45.59% (calculated using TTM income statement data). Pioneer AI Foundry 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.

Pioneer AI Foundry ROC % Related Terms

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Pioneer AI Foundry Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Pioneer AI Foundry Inc (NEOE:JPEG) » Definitions » ROC %

Comparable Companies

Traded in Other Exchanges

6NU0:Germany

Address

1055 Dunsmuir Street, Suite 3104, Four Bentall Center, P.O. Box 49091, Vancouver, BC, CAN, V7X 1G4

Website

https://www.pioneermedia.co

Pioneer AI Foundry Inc, formerly Pioneer Media Holdings Inc is an investment company whose primary objective is to invest its funds for purposes of generating returns from capital appreciation and investment income. It makes investments in gaming and eSport businesses. The company has a business presence in Canada, Singapore, the United Kingdom, and the United States of America.

Executives

Michael Scott Edwards	10% Security Holder, Director, Senior Officer
Fidelio Partners Pte Ltd.	Director
Darcy Taylor	Director

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