SNAX (Stryve Foods) ROC %: -25.89% (As of Sep. 2024)


SNAX Stryve Foods Inc SNAX
16 GF Score
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What is Stryve Foods ROC %?

Stryve Foods SNAX 16 ROC % is -25.89% as of Sep. 2024. GuruFocus rates SNAX with a GF Score™ of 16/100.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Stryve Foods's annualized return on capital (ROC %) for the quarter that ended in Sep. 2024 was -25.89%.

As of today (2026-06-25), Stryve Foods's WACC % is 0.00%. Stryve Foods's ROC % is 0.00% (calculated using TTM income statement data). Stryve Foods earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Stryve Foods  (OTCPK:SNAX) 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, Stryve Foods's WACC % is 0.00%. Stryve Foods's ROC % is 0.00% (calculated using TTM income statement data). Stryve Foods 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.

Stryve Foods ROC % Related Terms

Stryve Foods ROC % Historical Data

* Premium members only.

The historical data trend for Stryve Foods'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.

Stryve Foods ROC % Chart

Stryve Foods Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROC %
-30.36 -81.42 -100.43 -45.97

Stryve Foods Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -46.00 -51.04 -36.68 -26.37 -25.89
SNAX
16GF Score
Stryve Foods Inc SNAX
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Stryve Foods ROC % Calculation

Stryve Foods's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2023 is calculated as:

ROC % (A: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2022 ) + Invested Capital (A: Dec. 2023 ))/ count )
=-15.434 * ( 1 - 0% )/( (34.2 + 32.955)/ 2 )
=-15.434/33.5775
=-45.97 %

where

Invested Capital(A: Dec. 2022 )
=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))
=39.56 - 4.737 - ( 0.623 - max(0, 7.081 - 12.921+0.623))
=34.2

Invested Capital(A: Dec. 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))
=32.712 - 7.147 - ( 0.369 - max(0, 15.772 - 8.382+0.369))
=32.955

Stryve Foods's annualized Return on Capital (ROC %) for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-9.224 * ( 1 - 0% )/( (35.236 + 36.021)/ 2 )
=-9.224/35.6285
=-25.89 %

where

Invested Capital(Q: Jun. 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))
=31.895 - 8.353 - ( 0.447 - max(0, 20.292 - 8.598+0.447))
=35.236

Invested Capital(Q: Sep. 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))
=31.457 - 9.721 - ( 0.183 - max(0, 22.987 - 8.702+0.183))
=36.021

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) 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 -25.89% mean?
Stryve Foods (SNAX) has a ROC % of -25.89% as of Sep. 2024. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Stryve Foods and its competitors.
Is Stryve Foods' ROC % too high?
Stryve Foods' current ROC % is -25.89%. Overall, Stryve Foods has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Stryve Foods' ROC % compare to BSFC and BDPT?
Stryve Foods' ROC % of -25.89% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROC % is 5.14. 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 Consumer Packaged Goods company?
The median ROC % among Consumer Packaged Goods companies is 5.14, based on 1,948 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 Stryve Foods and its competitors. For the Consumer Packaged Goods industry, the median ROC % is 5.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stryve Foods's current ROC % is -25.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stryve Foods stock overvalued right now?
Stryve Foods (SNAX) has a current ROC % of -25.89%. The current ROC % is -25.89%. Stryve Foods' overall GF Score™ is 16/100. 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 Stryve Foods (SNAX), the current ROC % is -25.89% as of Sep. 2024. 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.

Stryve Foods Business Description

Address Post Office Box 864, Frisco, TX, USA, 75034
Stryve Foods Inc is a healthy snacking company that manufactures, markets, and sells differentiated healthy snacking products. The company offers convenient snacks that are lower in sugar and carbohydrates and higher in protein than other snacks.
16GF Score

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