SSMTF (Sensible Meats) ROC %: -25.97% (As of Aug. 2024)


What is Sensible Meats ROC %?

Sensible Meats SSMTF ROC % is -25.97% as of Aug. 2024.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Sensible Meats's annualized return on capital (ROC %) for the quarter that ended in Aug. 2024 was -25.97%.

As of today (2026-06-29), Sensible Meats's WACC % is 0.00%. Sensible Meats's ROC % is 0.00% (calculated using TTM income statement data). Sensible Meats earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Sensible Meats  (OTCPK:SSMTF) 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, Sensible Meats's WACC % is 0.00%. Sensible Meats's ROC % is 0.00% (calculated using TTM income statement data). Sensible Meats 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.

Sensible Meats ROC % Related Terms

Sensible Meats ROC % Historical Data

* Premium members only.

The historical data trend for Sensible Meats'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.

Sensible Meats ROC % Chart

Sensible Meats Annual Data
Trend Nov21 Nov22 Nov23
ROC %
0.00 -33.81 -41.67

Sensible Meats Quarterly Data
Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
ROC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -24.19 -25.81 -70.68 -75.26 -25.97

Sensible Meats ROC % Calculation

Sensible Meats's annualized Return on Capital (ROC %) for the fiscal year that ended in Nov. 2023 is calculated as:

ROC % (A: Nov. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Nov. 2022 ) + Invested Capital (A: Nov. 2023 ))/ count )
=-0.665 * ( 1 - 0% )/( (2.574 + 0.618)/ 2 )
=-0.665/1.596
=-41.67 %

where

Invested Capital(A: Nov. 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))
=7.94 - 0.069 - ( 5.297 - max(0, 0.128 - 6.383+5.297))
=2.574

Invested Capital(A: Nov. 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))
=4.991 - 0.058 - ( 4.315 - max(0, 0.129 - 4.467+4.315))
=0.618

Sensible Meats's annualized Return on Capital (ROC %) for the quarter that ended in Aug. 2024 is calculated as:

ROC % (Q: Aug. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: May. 2024 ) + Invested Capital (Q: Aug. 2024 ))/ count )
=-0.568 * ( 1 - 0% )/( (0.572 + 3.803)/ 2 )
=-0.568/2.1875
=-25.97 %

where

Invested Capital(Q: May. 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))
=4.875 - 0.014 - ( 4.356 - max(0, 0.075 - 4.364+4.356))
=0.572

Invested Capital(Q: Aug. 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))
=4.833 - 0.109 - ( 0.977 - max(0, 0.109 - 1.03+0.977))
=3.803

Note: The Operating Income data used here is four times the quarterly (Aug. 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 -25.97% mean?
Sensible Meats (SSMTF) has a ROC % of -25.97% as of Aug. 2024. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Sensible Meats and its competitors.
Is Sensible Meats' ROC % too high?
Sensible Meats' current ROC % is -25.97%.
How does Sensible Meats' ROC % compare to TLCC and AJYG?
Sensible Meats' ROC % of -25.97% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROC % is 5.13. 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 5.13, based on 1,944 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 Sensible Meats and its competitors. For the Consumer Packaged Goods industry, the median ROC % is 5.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sensible Meats's current ROC % is -25.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sensible Meats stock overvalued right now?
Sensible Meats (SSMTF) has a current ROC % of -25.97%. The current ROC % is -25.97%. 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 Sensible Meats (SSMTF), the current ROC % is -25.97% as of Aug. 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.

Sensible Meats Business Description

Address 1450, 789 West Pender Street, Calgary, BC, CAN, V6C 1H2
Sensible Meats Inc is a plant-based food company that has designed and developed plant-based meat food alternatives and intends to distribute and sell its line of plant-based hot dogs. The company's first and primary product is a line of plant-based hotdogs.