SCCI (Shimmick Construction Company) ROC %: 12.92% (As of Jun. 2015)


What is Shimmick Construction Company ROC %?

Shimmick Construction Company SCCI ROC % is 12.92% as of Jun. 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 %. Shimmick Construction Company's annualized return on capital (ROC %) for the quarter that ended in Jun. 2015 was 12.92%.

As of today (2026-06-27), Shimmick Construction Company's WACC % is 0.00%. Shimmick Construction Company's ROC % is 0.00% (calculated using TTM income statement data). Shimmick Construction Company earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Shimmick Construction Company  (NAS:SCCI) 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, Shimmick Construction Company's WACC % is 0.00%. Shimmick Construction Company's ROC % is 0.00% (calculated using TTM income statement data). Shimmick Construction Company 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.

Shimmick Construction Company ROC % Related Terms

Shimmick Construction Company ROC % Historical Data

* Premium members only.

The historical data trend for Shimmick Construction Company'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.

Shimmick Construction Company ROC % Chart

Shimmick Construction Company Annual Data
Trend Dec13 Dec14
ROC %
-3.63 9.02

Shimmick Construction Company Semi-Annual Data
Dec13 Jun14 Dec14 Jun15
ROC % 0.00 5.52 12.67 12.92

Shimmick Construction Company ROC % Calculation

Shimmick Construction Company's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2014 is calculated as:

ROC % (A: Dec. 2014 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2013 ) + Invested Capital (A: Dec. 2014 ))/ count )
=10.796 * ( 1 - 0% )/( (122.098 + 117.221)/ 2 )
=10.796/119.6595
=9.02 %

where

Invested Capital(A: Dec. 2013 )
=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))
=215.422 - 58.594 - ( 34.73 - max(0, 110.175 - 147.423+34.73))
=122.098

Invested Capital(A: Dec. 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))
=236.046 - 78.577 - ( 40.248 - max(0, 132.007 - 175.585+40.248))
=117.221

Shimmick Construction Company's annualized Return on Capital (ROC %) for the quarter that ended in Jun. 2015 is calculated as:

ROC % (Q: Jun. 2015 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2014 ) + Invested Capital (Q: Jun. 2015 ))/ count )
=17.604 * ( 1 - 0% )/( (117.221 + 155.304)/ 2 )
=17.604/136.2625
=12.92 %

where

Invested Capital(Q: Dec. 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))
=236.046 - 78.577 - ( 40.248 - max(0, 132.007 - 175.585+40.248))
=117.221

Invested Capital(Q: Jun. 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))
=268.876 - 86.927 - ( 26.645 - max(0, 156.791 - 205.527+26.645))
=155.304

Note: The Operating Income data used here is two times the semi-annual (Jun. 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 12.92% mean?
Shimmick Construction Company (SCCI) has a ROC % of 12.92% as of Jun. 2015. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Shimmick Construction Company and its competitors.
Is Shimmick Construction Company's ROC % too high?
Shimmick Construction Company's current ROC % is 12.92%. The Construction industry median ROC % is 4.65. Shimmick Construction Company's value of 12.92% is 177.8% above this industry median.
How does Shimmick Construction Company's ROC % compare to TSSI and SWMM?
Shimmick Construction Company's ROC % of 12.92% can be compared against companies in the Construction industry. The industry median ROC % is 4.65. Shimmick Construction Company's value of 12.92% is 177.8% 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 Construction company?
The median ROC % among Construction companies is 4.65, based on 1,755 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. Shimmick Construction Company's current ROC % of 12.92% is 177.8% 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 Shimmick Construction Company and its competitors. For the Construction industry, the median ROC % is 4.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shimmick Construction Company's current ROC % is 12.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shimmick Construction Company stock overvalued right now?
Shimmick Construction Company (SCCI) has a current ROC % of 12.92%. The current ROC % is 12.92% and 177.8% above the Construction industry median of 4.65. 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 Shimmick Construction Company (SCCI), the current ROC % is 12.92% as of Jun. 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.

Shimmick Construction Company Business Description

Shimmick Construction Company Inc is a heavy civil construction company founded in 1990. The Company is engaged in construction activities in the western United States, with operations in California. The Company offers general construction, construction management, and design-build services to federal, state, and local public agencies and private customers in California and the Western United States. The Company operates in two segments including construction Projects and Construction Materials. The Construction Projects segment performs construction projects including new construction and improvement of streets, roads, highways, bridges, site work, underground, power-related facilities, utilities and other infrastructure projects. The Construction Materials segment mines and processes aggregates and operates plants that produce construction materials for internal use and for sale to third parties. The Company's customers include Caltrans, City of San Francisco, Port of Long Beach, Port of Los Angeles, City of Los Angeles, LA MTA, BART, VTA, and the Metropolitan Water District of Southern California (MWD). The Company faces competition from competitors including Balfour Beatty plc, Barnard Construction Company, Inc., Dragados S.A., Flatiron Construction Corp., Fluor Corporation, Granite Construction Incorporated, Kiewit Corporation, Obayashi Corporation, Skanska AB, Traylor Bros., Inc., Tutor Perini Corporation, and Walsh Construction Co. The Company's business is subject to various federal, state and local laws and regulations relating to the environment, including those relating to discharges to air, water and land, the handling and disposal of solid and hazardous waste, the handling of underground storage tanks and the cleanup of properties affected by hazardous substances.