TUT Fitness Group (TSXV:GYM.H) ROC %: -282.35% (As of Mar. 2024)


What is TUT Fitness Group ROC %?

TUT Fitness Group TSXV:GYM.H ROC % is -282.35% as of Mar. 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 %. TUT Fitness Group's annualized return on capital (ROC %) for the quarter that ended in Mar. 2024 was -282.35%.

As of today (2026-06-24), TUT Fitness Group's WACC % is 0.00%. TUT Fitness Group's ROC % is 0.00% (calculated using TTM income statement data). TUT Fitness Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.

TUT Fitness Group  (TSXV:GYM.H) 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, TUT Fitness Group's WACC % is 0.00%. TUT Fitness Group's ROC % is 0.00% (calculated using TTM income statement data). TUT Fitness Group 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.

TUT Fitness Group ROC % Related Terms

TUT Fitness Group ROC % Historical Data

* Premium members only.

The historical data trend for TUT Fitness Group'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.

TUT Fitness Group ROC % Chart

TUT Fitness Group Annual Data
Trend Sep21 Sep22 Sep23
ROC %
-175.10 -100.47 -119.27

TUT Fitness Group Quarterly Data
Aug20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -77.36 -46.08 -215.12 -277.93 -282.35

TUT Fitness Group ROC % Calculation

TUT Fitness Group's annualized Return on Capital (ROC %) for the fiscal year that ended in Sep. 2023 is calculated as:

ROC % (A: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Sep. 2022 ) + Invested Capital (A: Sep. 2023 ))/ count )
=-1.371 * ( 1 - 0% )/( (1.89 + 0.409)/ 2 )
=-1.371/1.1495
=-119.27 %

where

Invested Capital(A: Sep. 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))
=2.506 - 0.093 - ( 0.523 - max(0, 0.139 - 1.413+0.523))
=1.89

Invested Capital(A: Sep. 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))
=0.957 - 0.399 - ( 0.149 - max(0, 0.445 - 0.739+0.149))
=0.409

TUT Fitness Group's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-0.792 * ( 1 - 0% )/( (0.325 + 0.236)/ 2 )
=-0.792/0.2805
=-282.35 %

where

Invested Capital(Q: 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))
=0.802 - 0.46 - ( 0.017 - max(0, 0.504 - 0.6+0.017))
=0.325

Invested Capital(Q: Mar. 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))
=0.75 - 0.571 - ( 0.014 - max(0, 0.616 - 0.559+0.014))
=0.236

Note: The Operating Income data used here is four times the quarterly (Mar. 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 -282.35% mean?
TUT Fitness Group (TSXV:GYM.H) has a ROC % of -282.35% as of Mar. 2024. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on TUT Fitness Group and its competitors.
Is TUT Fitness Group's ROC % too high?
TUT Fitness Group's current ROC % is -282.35%.
How does TUT Fitness Group's ROC % compare to MAT and HAS?
TUT Fitness Group's ROC % of -282.35% can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
The median ROC % among Travel & Leisure companies is 3.74, based on 833 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 TUT Fitness Group and its competitors. For the Travel & Leisure industry, the median ROC % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TUT Fitness Group's current ROC % is -282.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TUT Fitness Group stock overvalued right now?
TUT Fitness Group (TSXV:GYM.H) has a current ROC % of -282.35%. The current ROC % is -282.35%. 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 TUT Fitness Group (TSXV:GYM.H), the current ROC % is -282.35% as of Mar. 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.

TUT Fitness Group Business Description

Address 17277, 56 Avenue, Suite 112, Surrey, BC, CAN, V3S 1C2
TUT Fitness Group Inc is a fitness company. engaged in design, development, and distribution of patented fitness equipment. It designs and manufactures the smallest, more affordable, high-performance home gyms, that can be assembled and disassembled in minutes, and stored almost anywhere.