OPST (OPT Sciences) ROC %: 44.54% (As of Jul. 2015)


What is OPT Sciences ROC %?

OPT Sciences OPST +13.75% ROC % is 44.54% as of Jul. 2015.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. OPT Sciences's annualized return on capital (ROC %) for the quarter that ended in Jul. 2015 was 44.54%.

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


OPT Sciences  (OTCPK:OPST) 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, OPT Sciences's WACC % is 0.00%. OPT Sciences's ROC % is 0.00% (calculated using TTM income statement data). OPT Sciences 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.


OPT Sciences ROC % Related Terms


OPT Sciences ROC % Historical Data

* Premium members only.

The historical data trend for OPT Sciences'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.

OPT Sciences ROC % Chart

OPT Sciences Annual Data
Trend Oct05 Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.52 33.34 27.57 27.68 25.57

OPT Sciences Quarterly Data
Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15
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 22.46 46.13 26.03 44.75 44.54

OPT Sciences ROC % Calculation

OPT Sciences's annualized Return on Capital (ROC %) for the fiscal year that ended in Oct. 2014 is calculated as:

ROC % (A: Oct. 2014 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Oct. 2013 ) + Invested Capital (A: Oct. 2014 ))/ count )
=1.244 * ( 1 - 35.96% )/( (2.926 + 3.304)/ 2 )
=0.7966576/3.115
=25.57 %

where

OPT Sciences's annualized Return on Capital (ROC %) for the quarter that ended in Jul. 2015 is calculated as:

ROC % (Q: Jul. 2015 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2015 ) + Invested Capital (Q: Jul. 2015 ))/ count )
=2.308 * ( 1 - 38.94% )/( (3.093 + 3.235)/ 2 )
=1.4092648/3.164
=44.54 %

where

Note: The Operating Income data used here is four times the quarterly (Jul. 2015) 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 44.54% mean?
OPT Sciences (OPST) has a ROC % of 44.54% as of Jul. 2015. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on OPT Sciences and its competitors.
Is OPT Sciences' ROC % too high?
OPT Sciences' current ROC % is 44.54%. The Aerospace & Defense industry median ROC % is 4.45. OPT Sciences' value of 44.54% is 900.9% above this industry median.
How does OPT Sciences' ROC % compare to SDEV and SIF?
OPT Sciences' ROC % of 44.54% can be compared against companies in the Aerospace & Defense industry. The industry median ROC % is 4.45. OPT Sciences' value of 44.54% is 900.9% 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 an Aerospace & Defense company?
The median ROC % among Aerospace & Defense companies is 4.45, based on 351 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. OPT Sciences's current ROC % of 44.54% is 900.9% 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 OPT Sciences and its competitors. For the Aerospace & Defense industry, the median ROC % is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OPT Sciences's current ROC % is 44.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OPT Sciences stock overvalued right now?
OPT Sciences (OPST) has a current ROC % of 44.54%. The current ROC % is 44.54% and 900.9% above the Aerospace & Defense industry median of 4.45. 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 OPT Sciences (OPST), the current ROC % is 44.54% as of Jul. 2015. 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.

OPT Sciences Business Description

Address 1912 Bannard Street, Cinnaminson, NJ, USA, 08077
OPT Sciences Corp through its operating subsidiary O & S Research, manufactures precision optical components for the Aerospace Industry. It provides anti-glare optical coatings, panels for liquid crystal displays ("LCD"), LCD glass heaters, and electromagnetic interference shielding glass. In addition, it also offers glass cutting, grinding, and painting services. Geographically, the activities are performed in the United States and it derives revenue from product sales when products are shipped to customers.