ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Tesla Exploration's annualized return on capital (ROC %) for the quarter that ended in Mar. 2016 was -40.05%.
As of today (2026-06-26), Tesla Exploration's WACC % is 0.00%. Tesla Exploration's ROC % is 0.00% (calculated using TTM income statement data).
Tesla Exploration earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Tesla Exploration (OTCPK:TXLZF) 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, Tesla Exploration's WACC % is 0.00%. Tesla Exploration's ROC % is 0.00% (calculated using TTM income statement data).
Tesla Exploration 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.
Tesla Exploration ROC % Related Terms
Tesla Exploration ROC % Historical Data
* Premium members only.
The historical data trend for Tesla Exploration'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.
Note:
The Operating Income data used here is four times the quarterly (Mar. 2016) 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.
Tesla Exploration (TXLZF) has a ROC % of -40.05% as of Mar. 2016. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Tesla Exploration and its competitors.
Is Tesla Exploration's ROC % too high?
Tesla Exploration's current ROC % is -40.05%.
How does Tesla Exploration's ROC % compare to SES and DPDW?
Tesla Exploration's ROC % of -40.05% can be compared against companies in the Oil & Gas industry. The industry median ROC % is 3.63. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for an Oil & Gas company?
The median ROC % among Oil & Gas companies is 3.63, based on 997 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 Tesla Exploration and its competitors. For the Oil & Gas industry, the median ROC % is 3.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tesla Exploration's current ROC % is -40.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tesla Exploration stock overvalued right now?
Tesla Exploration (TXLZF) has a current ROC % of -40.05%. The current ROC % is -40.05%. 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 Tesla Exploration (TXLZF), the current ROC % is -40.05% as of Mar. 2016. 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.
Tesla Exploration Ltd is a Canada based geophysical services company. It provides seismic services in North America, Europe, Africa and other international locations. It operates through North American Land Seismic Acquisition, International Land Seismic Acquisition, and Offshore Marine Survey segments. The North American Land Seismic Acquisition and International Land Seismic Acquisition segments offer three dimensional (3D) program design, project management, and experience when acquiring two dimensional (2D) and 3D vibroseis, dynamite and airgun seismic surveys on all types of land terrain, rivers, and lakes. The Offshore Marine Survey segment offers a set of survey services, with project planning and survey design, data acquisition, interpretation and final report preparation.
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