TRCNF (Transnational Cannabis) ROC %: -8.85% (As of Nov. 2019)

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What is Transnational Cannabis ROC %?

Transnational Cannabis TRCNF -97.50% ROC % is -8.85% as of Nov. 2019.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Transnational Cannabis's annualized return on capital (ROC %) for the quarter that ended in Nov. 2019 was -8.85%.

As of today (2026-07-18), Transnational Cannabis's WACC % is 0.00%. Transnational Cannabis's ROC % is 0.00% (calculated using TTM income statement data). Transnational Cannabis earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Transnational Cannabis  (OTCPK:TRCNF) 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, Transnational Cannabis's WACC % is 0.00%. Transnational Cannabis's ROC % is 0.00% (calculated using TTM income statement data). Transnational Cannabis 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.


Transnational Cannabis ROC % Related Terms


Transnational Cannabis ROC % Historical Data

* Premium members only.

The historical data trend for Transnational Cannabis'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.

Transnational Cannabis ROC % Chart

Transnational Cannabis Annual Data
Trend Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -300.69 -200.96 -792.11 -6,475.00 -123.02

Transnational Cannabis Quarterly Data
Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19
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 -45.09 -116.11 -106.02 -33.96 -8.85

Transnational Cannabis ROC % Calculation

Transnational Cannabis's annualized Return on Capital (ROC %) for the fiscal year that ended in Feb. 2019 is calculated as:

ROC % (A: Feb. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Feb. 2018 ) + Invested Capital (A: Feb. 2019 ))/ count )
=-31.426 * ( 1 - 0% )/( (0.011 + 51.081)/ 2 )
=-31.426/25.546
=-123.02 %

where

Transnational Cannabis's annualized Return on Capital (ROC %) for the quarter that ended in Nov. 2019 is calculated as:

ROC % (Q: Nov. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2019 ) + Invested Capital (Q: Nov. 2019 ))/ count )
=-8.348 * ( 1 - 0% )/( (129.048 + 59.616)/ 2 )
=-8.348/94.332
=-8.85 %

where

Note: The Operating Income data used here is four times the quarterly (Nov. 2019) 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 -8.85% mean?
Transnational Cannabis (TRCNF) has a ROC % of -8.85% as of Nov. 2019. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Transnational Cannabis and its competitors.
Is Transnational Cannabis' ROC % too high?
Transnational Cannabis' current ROC % is -8.85%.
How does Transnational Cannabis' ROC % compare to CLSH and KAYS?
Transnational Cannabis' ROC % of -8.85% can be compared against companies in the Drug Manufacturers industry. The industry median ROC % is 4.46. 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 Drug Manufacturers company?
The median ROC % among Drug Manufacturers companies is 4.46, based on 990 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 Transnational Cannabis and its competitors. For the Drug Manufacturers industry, the median ROC % is 4.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transnational Cannabis's current ROC % is -8.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transnational Cannabis stock overvalued right now?
Transnational Cannabis (TRCNF) has a current ROC % of -8.85%. The current ROC % is -8.85%. 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 Transnational Cannabis (TRCNF), the current ROC % is -8.85% as of Nov. 2019. 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.

Transnational Cannabis Business Description

Address 37 King Street East, Suite 409, Toronto, ON, CAN, M5C 1E9
Transnational Cannabis Ltd, formerly ICC International Cannabis Corp is a Canadian company which is engaged in planning, designing, building and operating cannabis production, processing, and distribution facilities. The company through its holdings is engaged in the pharmaceutical distribution, wholesale importation, research, and development, as well as working interests in industrial hemp licenses in Greece, licenses to cultivate, produce, distribute, store, and export Cannabis and Cannabis derivatives in Colombia, the Kingdom of Lesotho, Africa, and Denmark.