HPCO (Hempacco Co) ROCE %: -397.59% (As of Dec. 2023)

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What is Hempacco Co ROCE %?

Hempacco Co HPCO ROCE % is -397.59% as of Dec. 2023.

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. Hempacco Co's annualized ROCE % for the quarter that ended in Dec. 2023 was -397.59%.

Hempacco Co  (OTCPK:HPCO) 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.

Hempacco Co ROCE % Related Terms

Hempacco Co ROCE % Historical Data

* Premium members only.

The historical data trend for Hempacco Co'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.

Hempacco Co ROCE % Chart

Hempacco Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROCE %
-47.87 -54.20 -124.73 -200.88

Hempacco Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -193.53 -93.35 -56.22 -88.25 -397.59

Hempacco Co ROCE % Calculation

Hempacco Co's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-13.172/( ( (9.482 - 1.52) + (18.043 - 12.891) )/ 2 )
=-13.172/( (7.962+5.152)/ 2 )
=-13.172/6.557
=-200.88 %

Hempacco Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-28.04/( ( (14.438 - 5.485) + (18.043 - 12.891) )/ 2 )
=-28.04/( ( 8.953 + 5.152 )/ 2 )
=-28.04/7.0525
=-397.59 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 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 -397.59% mean?
Hempacco Co (HPCO) has a ROCE % of -397.59% as of Dec. 2023.
Is Hempacco Co's ROCE % too high?
Hempacco Co's current ROCE % is -397.59%.
How does Hempacco Co's ROCE % compare to PM and MO?
Hempacco Co's ROCE % of -397.59% can be compared against companies in the Tobacco Products industry. The industry median ROCE % is 17.48. 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 Tobacco Products company?
The median ROCE % among Tobacco Products companies is 17.48, based on 46 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 Tobacco Products industry, the median ROCE % is 17.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hempacco Co's current ROCE % is -397.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hempacco Co stock overvalued right now?
Hempacco Co (HPCO) has a current ROCE % of -397.59%. The current ROCE % is -397.59%. 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 Hempacco Co (HPCO), the current ROCE % is -397.59% as of Dec. 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.

Hempacco Co Business Description

Address 9925 Airway Road, San Diego, CA, USA, 92154
Hempacco Co Inc is engaged in manufacturing and selling nicotine-free and tobacco-free alternatives to traditional cigarettes. It utilizes a proprietary, patented spraying technology for terpene infusion and patent-pending flavored filter infusion technology to manufacture hemp and herb-based smokable alternatives. The company's operating segments include private label manufacturing and sales, intellectual property licensing, and the development and sales of inhouse brands using patented counter displays.