AEYGQ (Addvantage Technologies Group) ROCE %: -132.62% (As of Sep. 2023)

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AEYGQ Addvantage Technologies Group Inc AEYGQ
16 GF Score
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What is Addvantage Technologies Group ROCE %?

Addvantage Technologies Group AEYGQ 16 ROCE % is -132.62% as of Sep. 2023. GuruFocus rates AEYGQ with a GF Score™ of 16/100.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Addvantage Technologies Group's annualized ROCE % for the quarter that ended in Sep. 2023 was -132.62%.

Addvantage Technologies Group  (OTCPK:AEYGQ) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Addvantage Technologies Group ROCE % Related Terms

Addvantage Technologies Group ROCE % Historical Data

* Premium members only.

The historical data trend for Addvantage Technologies Group's ROCE % 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.

Addvantage Technologies Group ROCE % Chart

Addvantage Technologies Group Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Dec22
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.08 -12.22 -71.72 -35.60 4.69

Addvantage Technologies Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROCE % 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 46.03 -12.47 -85.83 -99.75 -132.62
AEYGQ
16GF Score
Addvantage Technologies Group Inc AEYGQ
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Addvantage Technologies Group ROCE % Calculation

Addvantage Technologies Group's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Sep. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Sep. 2021 )(A: Dec. 2022 )
=0.655/( ( (27.312 - 13.315) + (27.218 - 13.282) )/ 2 )
=0.655/( (13.997+13.936)/ 2 )
=0.655/13.9665
=4.69 %

Addvantage Technologies Group's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=-9.548/( ( (20.973 - 12.3) + (18.535 - 12.809) )/ 2 )
=-9.548/( ( 8.673 + 5.726 )/ 2 )
=-9.548/7.1995
=-132.62 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

* 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 ROCE % →
What does a ROCE % of -132.62% mean?
Addvantage Technologies Group (AEYGQ) has a ROCE % of -132.62% as of Sep. 2023.
Is Addvantage Technologies Group's ROCE % too high?
Addvantage Technologies Group's current ROCE % is -132.62%. Overall, Addvantage Technologies Group has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Addvantage Technologies Group's ROCE % compare to MMLP and PHX?
Addvantage Technologies Group's ROCE % of -132.62% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.87. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Hardware company?
The median ROCE % among Hardware companies is 5.87, based on 2,454 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Hardware industry, the median ROCE % is 5.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Addvantage Technologies Group's current ROCE % is -132.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Addvantage Technologies Group stock overvalued right now?
Addvantage Technologies Group (AEYGQ) has a current ROCE % of -132.62%. The current ROCE % is -132.62%. Addvantage Technologies Group's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Addvantage Technologies Group (AEYGQ), the current ROCE % is -132.62% as of Sep. 2023. 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.

Addvantage Technologies Group Business Description

Address 1430 Bradley Lane, Suite 196, Carrollton, TX, USA, 75007
Addvantage Technologies Group Inc is a communications infrastructure services and equipment provider operating a diversified group of companies through its Wireless Infrastructure Services and Telecommunications segments. Its Wireless Infrastructure Services segment provides turn-key wireless services, including the installation, modification, and upgrading of equipment on communication towers and small cell sites for wireless carriers, national integrators, tower owners, and majority equipment manufacturers. Its Telecommunications segment sells equipment used to acquire, distribute, and protect communications signals. The Telecommunications segment generates the maximum revenue for the company.
16GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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