SOPV (Solar Park Initiatives) ROC %: -275.08% (As of Jun. 2011)

What is Solar Park Initiatives ROC %?

Solar Park Initiatives SOPV -90.00% ROC % is -275.08% as of Jun. 2011.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Solar Park Initiatives's annualized return on capital (ROC %) for the quarter that ended in Jun. 2011 was -275.08%.

As of today (2026-06-26), Solar Park Initiatives's WACC % is 0.00%. Solar Park Initiatives's ROC % is 0.00% (calculated using TTM income statement data). Solar Park Initiatives earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Solar Park Initiatives (OTCPK:SOPV) 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, Solar Park Initiatives's WACC % is 0.00%. Solar Park Initiatives's ROC % is 0.00% (calculated using TTM income statement data). Solar Park Initiatives 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.

Solar Park Initiatives ROC % Related Terms

Solar Park Initiatives ROC % Historical Data

* Premium members only.

The historical data trend for Solar Park Initiatives'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.

Solar Park Initiatives ROC % Chart

Solar Park Initiatives Annual Data

Trend

Sep08

Sep09

Sep10

ROC %

-34.78

-295.52

-2,448.94

Solar Park Initiatives Quarterly Data
	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11
ROC %	Get a 7-Day Free Trial								-3,206.67	-5,360.00	-1,915.15	-384.92	-275.08

Solar Park Initiatives ROC % Calculation

Solar Park Initiatives's annualized Return on Capital (ROC %) for the fiscal year that ended in Sep. 2010 is calculated as:

	ROC % (A: Sep. 2010 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Sep. 2009 )	+	Invested Capital (A: Sep. 2010 ))	/ count )
=	-1.151 * ( 1 - 0% )	/	( (0.044	+	0.05)	/ 2 )
=	-1.151	/	0.047
=	-2,448.94 %

where

	Invested Capital		(A: Sep. 2009 )
=	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	))
=	0.058	-	0.012	-	( 0.009	-	max(0, 0.012	-	0.014	+	0.009	))
=	0.044

	Invested Capital		(A: Sep. 2010 )
=	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	))
=	0.05	-	0.121	-	( 0	-	max(0, 0.121	-	0	+	0	))
=	0.05

Solar Park Initiatives's annualized Return on Capital (ROC %) for the quarter that ended in Jun. 2011 is calculated as:

	ROC % (Q: Jun. 2011 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2011 )	+	Invested Capital (Q: Jun. 2011 ))	/ count )
=	-1.22 * ( 1 - 0% )	/	( (0.402	+	0.485)	/ 2 )
=	-1.22	/	0.4435
=	-275.08 %

where

	Invested Capital		(Q: Mar. 2011 )
=	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	))
=	0.269	-	0.171	-	( 0.027	-	max(0, 0.331	-	0.027	+	0.027	))
=	0.402

	Invested Capital		(Q: Jun. 2011 )
=	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	))
=	0.245	-	0.193	-	( 0.011	-	max(0, 0.468	-	0.035	+	0.011	))
=	0.485

Note: The Operating Income data used here is four times the quarterly (Jun. 2011) data. The tax rate is limited to between 0% and 100%.

Frequently Asked Questions Learn more about ROC % →

What does a ROC % of -275.08% mean?

Solar Park Initiatives (SOPV) has a ROC % of -275.08% as of Jun. 2011. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Solar Park Initiatives and its competitors.

Is Solar Park Initiatives' ROC % too high?

Solar Park Initiatives' current ROC % is -275.08%.

How does Solar Park Initiatives' ROC % compare to ABCE and LIBE?

Solar Park Initiatives' ROC % of -275.08% can be compared against companies in the Semiconductors industry. The industry median ROC % is 3.74. 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 Semiconductors company?

The median ROC % among Semiconductors companies is 3.74, based on 1,012 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 Solar Park Initiatives and its competitors. For the Semiconductors industry, the median ROC % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solar Park Initiatives's current ROC % is -275.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Solar Park Initiatives stock overvalued right now?

Solar Park Initiatives (SOPV) has a current ROC % of -275.08%. The current ROC % is -275.08%. 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 Solar Park Initiatives (SOPV), the current ROC % is -275.08% as of Jun. 2011. 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.

Solar Park Initiatives Business Description

Industry Technology Semiconductors

Comparable Companies ABCE LIBE SSOL BSRC SAENF HYSR RGSE AACTF EVSI UGEIF SRWRF FFLO OPVS PVCRF SUNW QTMM YGE SOL VVPR DYSOF

Address 2500 Regency Parkway, Suite 200, Cary, NC, USA, 27518

Website http://www.solarparkinitiatives.com

Solar Park Initiatives Inc is a professional services and engineering firm providing renewable energy through photovoltaic and solar thermal technologies.