Vtion Wireless Technology AG (XTER:V33) ROC %: -2.14% (As of Sep. 2015)

What is Vtion Wireless Technology AG ROC %?

Vtion Wireless Technology AG XTER:V33 ROC % is -2.14% as of Sep. 2015.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Vtion Wireless Technology AG's annualized return on capital (ROC %) for the quarter that ended in Sep. 2015 was -2.14%.

As of today (2026-06-27), Vtion Wireless Technology AG's WACC % is 0.00%. Vtion Wireless Technology AG's ROC % is 0.00% (calculated using TTM income statement data). Vtion Wireless Technology AG earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Vtion Wireless Technology AG (XTER:V33) 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, Vtion Wireless Technology AG's WACC % is 0.00%. Vtion Wireless Technology AG's ROC % is 0.00% (calculated using TTM income statement data). Vtion Wireless Technology AG 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.

Vtion Wireless Technology AG ROC % Related Terms

Vtion Wireless Technology AG ROC % Historical Data

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The historical data trend for Vtion Wireless Technology AG'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.

Vtion Wireless Technology AG ROC % Chart

Vtion Wireless Technology AG Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

ROC %

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75.65

25.50

27.29

22.69

16.27

Vtion Wireless Technology AG Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
ROC %	Get a 7-Day Free Trial															8.10	7.22	9.18	-11.68	-2.14

Vtion Wireless Technology AG ROC % Calculation

Vtion Wireless Technology AG's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2014 is calculated as:

	ROC % (A: Dec. 2014 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Dec. 2013 )	+	Invested Capital (A: Dec. 2014 ))	/ count )
=	3.225 * ( 1 - 42.77% )	/	( (11.571	+	11.122)	/ 2 )
=	1.8456675	/	11.3465
=	16.27 %

where

	Invested Capital		(A: Dec. 2013 )
=	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	))
=	152.122	-	15.195	-	( 125.356	-	max(0, 15.794	-	149.829	+	125.356	))
=	11.571

	Invested Capital		(A: Dec. 2014 )
=	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	))
=	159.488	-	9.254	-	( 139.112	-	max(0, 9.795	-	157.473	+	139.112	))
=	11.122

Vtion Wireless Technology AG's annualized Return on Capital (ROC %) for the quarter that ended in Sep. 2015 is calculated as:

	ROC % (Q: Sep. 2015 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2015 )	+	Invested Capital (Q: Sep. 2015 ))	/ count )
=	-0.312 * ( 1 - 0% )	/	( (10.465	+	18.677)	/ 2 )
=	-0.312	/	14.571
=	-2.14 %

where

	Invested Capital		(Q: Jun. 2015 )
=	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	))
=	171.707	-	8.166	-	( 153.076	-	max(0, 8.421	-	170.416	+	153.076	))
=	10.465

	Invested Capital		(Q: Sep. 2015 )
=	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	))
=	163.806	-	4.463	-	( 140.666	-	max(0, 4.63	-	162.572	+	140.666	))
=	18.677

Note: The Operating Income data used here is four times the quarterly (Sep. 2015) data. The tax rate is limited to between 0% and 100%.

Frequently Asked Questions Learn more about ROC % →

What does a ROC % of -2.14% mean?

Vtion Wireless Technology AG (XTER:V33) has a ROC % of -2.14% as of Sep. 2015. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Vtion Wireless Technology AG and its competitors.

Is Vtion Wireless Technology AG's ROC % too high?

Vtion Wireless Technology AG's current ROC % is -2.14%.

How does Vtion Wireless Technology AG's ROC % compare to SSFT?

Vtion Wireless Technology AG's ROC % of -2.14% can be compared against companies in the Hardware industry. The industry median ROC % is 4.12. 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 Hardware company?

The median ROC % among Hardware companies is 4.12, based on 2,444 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 Vtion Wireless Technology AG and its competitors. For the Hardware industry, the median ROC % is 4.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vtion Wireless Technology AG's current ROC % is -2.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Vtion Wireless Technology AG stock overvalued right now?

Vtion Wireless Technology AG (XTER:V33) has a current ROC % of -2.14%. The current ROC % is -2.14%. 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 Vtion Wireless Technology AG (XTER:V33), the current ROC % is -2.14% as of Sep. 2015. 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.

Vtion Wireless Technology AG Business Description

Industry Technology Hardware

Comparable Companies ROCO:8087 TSE:6734 OSL:HIDDN SGX:B69 OSL:THIN TSE:3960 SSFT ROCO:6199 ROCO:8054 TPE:3057 ROCO:6485 ROCO:8088 ROCO:3693 TPE:4967 XKLS:0176 ROCO:6179 TSE:6916 TPE:2495 ROCO:3217 TPE:4977

Address 11-12, 11F Westhafen Tower, Westhafen Plaza 1, Frankfurt, DEU, 60327

Website http://www.vtion.de

Vtion Wireless Technology AG is a German company engaged as a supplier of wireless computing solutions and products for mobile internet access through broadband wireless networks in China. The products of the company include wireless data cards.