AKTSQ (Akoustis Technologies) ROCE %: 0.00% (As of Sep. 2024)


AKTSQ Akoustis Technologies Inc AKTSQ
12 GF Score
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What is Akoustis Technologies ROCE %?

Akoustis Technologies AKTSQ -99.89% 12 ROCE % is 0.00% as of Sep. 2024. GuruFocus rates AKTSQ with a GF Score™ of 12/100.

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. Akoustis Technologies's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

Akoustis Technologies  (OTCPK:AKTSQ) 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.

Akoustis Technologies ROCE % Related Terms

Akoustis Technologies ROCE % Historical Data

* Premium members only.

The historical data trend for Akoustis Technologies'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.

Akoustis Technologies ROCE % Chart

Akoustis Technologies Annual Data
Trend Jun15 Mar16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -58.47 -42.64 -45.76 -45.48 -283.22

Akoustis Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -71.41 -57.55 -99.39 -1,215.88 0.00
AKTSQ
12GF Score
Akoustis Technologies Inc AKTSQ
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Akoustis Technologies ROCE % Calculation

Akoustis Technologies's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=-165.286/( ( (148.917 - 17.571) + (69.741 - 84.369) )/ 2 )
=-165.286/( (131.346+-14.628)/ 2 )
=-165.286/58.359
=-283.22 %

Akoustis Technologies's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=-21.344/( ( (69.741 - 84.369) + (57.371 - 80.086) )/ 2 )
=-21.344/( ( -14.628 + -22.715 )/ 2 )
=-21.344/-18.6715
=0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) 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 0.00% mean?
Akoustis Technologies (AKTSQ) has a ROCE % of 0.00% as of Sep. 2024.
Is Akoustis Technologies' ROCE % too high?
Akoustis Technologies' current ROCE % is 0.00%. Overall, Akoustis Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Akoustis Technologies' ROCE % compare to ELST and MLRT?
Akoustis Technologies' ROCE % of 0.00% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.86. 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 5.86, based on 2,446 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 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Akoustis Technologies's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akoustis Technologies stock overvalued right now?
Akoustis Technologies (AKTSQ) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Akoustis Technologies' overall GF Score™ is 12/100. 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 Akoustis Technologies (AKTSQ), the current ROCE % is 0.00% as of Sep. 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.

Akoustis Technologies Business Description

Address 9805 Northcross Center Court, Suite A, Huntersville, NC, USA, 28078
Akoustis Technologies Inc is an emerging commercial product company focused on developing, designing, and manufacturing innovative RF filter solutions for the wireless industry, including for products such as smartphones and tablets, network infrastructure equipment, WiFi Customer Premise Equipment and defense applications. The company has developed a proprietary microelectromechanical system based bulk acoustic wave technology and a unique manufacturing process flow, called XBAW, for filters produced for use in RFFE modules. The company derives revenue from the sale of filter products under individual customer purchase orders, some of which have underlying master sales agreements that specify terms governing the product sales.
12GF 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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