SPST (Superstar Platforms) ROC %: -21.19% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Superstar Platforms ROC %?

Superstar Platforms SPST ROC % is -21.19% as of Mar. 2026.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Superstar Platforms's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was -21.19%.

As of today (2026-07-31), Superstar Platforms's WACC % is -4.28%. Superstar Platforms's ROC % is -25.99% (calculated using TTM income statement data). Superstar Platforms earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Superstar Platforms  (OTCPK:SPST) 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, Superstar Platforms's WACC % is -4.28%. Superstar Platforms's ROC % is -25.99% (calculated using TTM income statement data). Superstar Platforms 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.


Superstar Platforms ROC % Related Terms


Superstar Platforms ROC % Historical Data

* Premium members only.

The historical data trend for Superstar Platforms'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.

Superstar Platforms ROC % Chart

Superstar Platforms Annual Data
Trend Aug03 Aug04 Aug05 Dec06 Dec07 Dec24 Dec25
ROC %
Get a 7-Day Free Trial -107.69 -238.28 -97.36 -19.21 -39.13

Superstar Platforms Quarterly Data
Feb06 May06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -120.30 -0.49 6.97 -73.69 -21.19

Superstar Platforms ROC % Calculation

Superstar Platforms's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=-0.541 * ( 1 - 0% )/( (0.09 + 2.675)/ 2 )
=-0.541/1.3825
=-39.13 %

where

Superstar Platforms's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-0.568 * ( 1 - 0% )/( (2.675 + 2.685)/ 2 )
=-0.568/2.68
=-21.19 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) 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 -21.19% mean?
Superstar Platforms (SPST) has a ROC % of -21.19% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Superstar Platforms and its competitors.
Is Superstar Platforms' ROC % too high?
Superstar Platforms' current ROC % is -21.19%.
How does Superstar Platforms' ROC % compare to JF and AIJTY?
Superstar Platforms' ROC % of -21.19% can be compared against companies in the Credit Services industry. The industry median ROC % is 1.99. 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 Credit Services company?
The median ROC % among Credit Services companies is 1.99, based on 421 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 Superstar Platforms and its competitors. For the Credit Services industry, the median ROC % is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Superstar Platforms's current ROC % is -21.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Superstar Platforms stock overvalued right now?
Superstar Platforms (SPST) has a current ROC % of -21.19%. The current ROC % is -21.19%. 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 Superstar Platforms (SPST), the current ROC % is -21.19% as of Mar. 2026. 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.

Superstar Platforms Business Description

Address 586 Cobb Parkway S, Suite 900, Marietta, GA, USA, 30060
Superstar Platforms Inc operates as a technology-focused holding company. It owns and operates PawnTrust, a technology-enabled marketplace platform designed to serve pawn shops in the United States. PawnTrust digitizes participating pawn shop inventory and facilitate borrowing, buying, and bartering transactions through a mobile-based marketplace. The platform seeks to connect pawn shops and consumers through a centralized digital interface and generate revenue through transaction-based fees. It operates in single segment.