NTAC (New Technology Acquisition Holdings) ROC %: 32.00% (As of Dec. 2017)


What is New Technology Acquisition Holdings ROC %?

New Technology Acquisition Holdings NTAC ROC % is 32.00% as of Dec. 2017.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. New Technology Acquisition Holdings's annualized return on capital (ROC %) for the quarter that ended in Dec. 2017 was 32.00%.

As of today (2026-06-30), New Technology Acquisition Holdings's WACC % is 0.00%. New Technology Acquisition Holdings's ROC % is 0.00% (calculated using TTM income statement data). New Technology Acquisition Holdings earns returns that do not match up to its cost of capital. It will destroy value as it grows.

New Technology Acquisition Holdings  (OTCPK:NTAC) 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, New Technology Acquisition Holdings's WACC % is 0.00%. New Technology Acquisition Holdings's ROC % is 0.00% (calculated using TTM income statement data). New Technology Acquisition Holdings 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.

New Technology Acquisition Holdings ROC % Related Terms

New Technology Acquisition Holdings ROC % Historical Data

* Premium members only.

The historical data trend for New Technology Acquisition Holdings'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.

New Technology Acquisition Holdings ROC % Chart

New Technology Acquisition Holdings Annual Data
Trend Sep00 Sep01 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17
ROC %
Get a 7-Day Free Trial -0.47 -0.85 -5.78 -33.89 10.00

New Technology Acquisition Holdings Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 -17.54 34.04 -40.00 96.00 32.00

New Technology Acquisition Holdings ROC % Calculation

New Technology Acquisition Holdings's annualized Return on Capital (ROC %) for the fiscal year that ended in Sep. 2017 is calculated as:

ROC % (A: Sep. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Sep. 2016 ) + Invested Capital (A: Sep. 2017 ))/ count )
=0.007 * ( 1 - 0% )/( (0.11 + 0.03)/ 2 )
=0.007/0.07
=10.00 %

where

Invested Capital(A: Sep. 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))
=0.275 - 0.001 - ( 0.182 - max(0, 0.021 - 0.185+0.182))
=0.11

Invested Capital(A: Sep. 2017 )
=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))
=0.16 - 0.004 - ( 0.126 - max(0, 0.004 - 0.135+0.126))
=0.03

New Technology Acquisition Holdings's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2017 is calculated as:

ROC % (Q: Dec. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2017 ) + Invested Capital (Q: Dec. 2017 ))/ count )
=0.008 * ( 1 - 0% )/( (0.03 + 0.02)/ 2 )
=0.008/0.025
=32.00 %

where

Invested Capital(Q: Sep. 2017 )
=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))
=0.16 - 0.004 - ( 0.126 - max(0, 0.004 - 0.135+0.126))
=0.03

Invested Capital(Q: Dec. 2017 )
=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))
=0.175 - 0.019 - ( 0.138 - max(0, 0.019 - 0.155+0.138))
=0.02

Note: The Operating Income data used here is four times the quarterly (Dec. 2017) 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 32.00% mean?
New Technology Acquisition Holdings (NTAC) has a ROC % of 32.00% as of Dec. 2017. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on New Technology Acquisition Holdings and its competitors.
Is New Technology Acquisition Holdings' ROC % too high?
New Technology Acquisition Holdings' current ROC % is 32.00%. The Business Services industry median ROC % is 5.93. New Technology Acquisition Holdings' value of 32.00% is 439.6% above this industry median.
How does New Technology Acquisition Holdings' ROC % compare to BSRC and YGEHY?
New Technology Acquisition Holdings' ROC % of 32.00% can be compared against companies in the Business Services industry. The industry median ROC % is 5.93. New Technology Acquisition Holdings' value of 32.00% is 439.6% above this benchmark. 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 Business Services company?
The median ROC % among Business Services companies is 5.93, based on 1,075 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. New Technology Acquisition Holdings's current ROC % of 32.00% is 439.6% above the industry median. 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 New Technology Acquisition Holdings and its competitors. For the Business Services industry, the median ROC % is 5.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Technology Acquisition Holdings's current ROC % is 32.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Technology Acquisition Holdings stock overvalued right now?
New Technology Acquisition Holdings (NTAC) has a current ROC % of 32.00%. The current ROC % is 32.00% and 439.6% above the Business Services industry median of 5.93. 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 New Technology Acquisition Holdings (NTAC), the current ROC % is 32.00% as of Dec. 2017. 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.

New Technology Acquisition Holdings Business Description

Address 5830 E 2nd Street, Suite 7000, No. 4553, Casper, WY, USA, 82609
New Technology Acquisition Holdings has business investment interests in disruptive new technologies and patents, applications, and projects. Research and Development with the aim of commercialization of Intellectual property and development of new products or services, treatments, or other valuable outputs.