SDVI (Signature Devices) ROC %: -31.52% (As of Jun. 2021)


What is Signature Devices ROC %?

Signature Devices SDVI -99.00% ROC % is -31.52% as of Jun. 2021.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Signature Devices's annualized return on capital (ROC %) for the quarter that ended in Jun. 2021 was -31.52%.

As of today (2026-06-28), Signature Devices's WACC % is 0.00%. Signature Devices's ROC % is 0.00% (calculated using TTM income statement data). Signature Devices earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Signature Devices  (OTCPK:SDVI) 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, Signature Devices's WACC % is 0.00%. Signature Devices's ROC % is 0.00% (calculated using TTM income statement data). Signature Devices 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.

Signature Devices ROC % Related Terms

Signature Devices ROC % Historical Data

* Premium members only.

The historical data trend for Signature Devices'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.

Signature Devices ROC % Chart

Signature Devices Annual Data
Trend Dec18 Dec19 Dec20
ROC %
2.54 -7.26 -19.73

Signature Devices Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
ROC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -17.78 -25.45 -27.20 -29.20 -31.52

Signature Devices ROC % Calculation

Signature Devices's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2020 is calculated as:

ROC % (A: Dec. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2019 ) + Invested Capital (A: Dec. 2020 ))/ count )
=-0.233 * ( 1 - 0% )/( (1.51 + 0.852)/ 2 )
=-0.233/1.181
=-19.73 %

where

Invested Capital(A: Dec. 2019 )
=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))
=1.519 - 0.007 - ( 0.002 - max(0, 0.007 - 0.432+0.002))
=1.51

Invested Capital(A: Dec. 2020 )
=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))
=0.854 - 0 - ( 0.002 - max(0, 0 - 0.002+0.002))
=0.852

Signature Devices's annualized Return on Capital (ROC %) for the quarter that ended in Jun. 2021 is calculated as:

ROC % (Q: Jun. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2021 ) + Invested Capital (Q: Jun. 2021 ))/ count )
=-0.24 * ( 1 - 0% )/( (0.792 + 0.731)/ 2 )
=-0.24/0.7615
=-31.52 %

where

Invested Capital(Q: Mar. 2021 )
=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))
=0.794 - 0 - ( 0.002 - max(0, 0 - 0.002+0.002))
=0.792

Invested Capital(Q: Jun. 2021 )
=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))
=0.733 - 0 - ( 0.002 - max(0, 0 - 0.002+0.002))
=0.731

Note: The Operating Income data used here is four times the quarterly (Jun. 2021) 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 -31.52% mean?
Signature Devices (SDVI) has a ROC % of -31.52% as of Jun. 2021. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Signature Devices and its competitors.
Is Signature Devices' ROC % too high?
Signature Devices' current ROC % is -31.52%.
How does Signature Devices' ROC % compare to GTCH and FCCN?
Signature Devices' ROC % of -31.52% can be compared against companies in the Software industry. The industry median ROC % is 3.03. 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 Software company?
The median ROC % among Software companies is 3.03, based on 2,827 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 Signature Devices and its competitors. For the Software industry, the median ROC % is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Signature Devices's current ROC % is -31.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Signature Devices stock overvalued right now?
Signature Devices (SDVI) has a current ROC % of -31.52%. The current ROC % is -31.52%. 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 Signature Devices (SDVI), the current ROC % is -31.52% as of Jun. 2021. 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.

Signature Devices Business Description

Address 30 Shadow Brook Lane, Lander, WY, USA, 82520
Signature Devices Inc is a technology company that focuses on Mobile games, applications and Internet of Things devices and embeds cryptocurrency technology for A.I. processing and Non-Fungible Tokens (NFT's) into games and applications.