KYNC (KYN Capital Group) ROCE %: 9.67% (As of Sep. 2010)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is KYN Capital Group ROCE %?

KYN Capital Group KYNC -50.00% ROCE % is 9.67% as of Sep. 2010.

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. KYN Capital Group's annualized ROCE % for the quarter that ended in Sep. 2010 was 9.67%.

KYN Capital Group  (OTCPK:KYNC) 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.

KYN Capital Group ROCE % Related Terms

KYN Capital Group ROCE % Historical Data

* Premium members only.

The historical data trend for KYN Capital 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.

KYN Capital Group ROCE % Chart

KYN Capital Group Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09
ROCE %
13.30 11.96 10.17 11.01 9.60

KYN Capital Group Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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 10.69 11.76 8.97 8.94 9.67

KYN Capital Group ROCE % Calculation

KYN Capital Group's annualized ROCE % for the fiscal year that ended in Dec. 2009 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2009 )  (A: Dec. 2008 )(A: Dec. 2009 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2009 )  (A: Dec. 2008 )(A: Dec. 2009 )
=3.435/( ( (40.554 - 6.149) + (44.599 - 7.451) )/ 2 )
=3.435/( (34.405+37.148)/ 2 )
=3.435/35.7765
=9.60 %

KYN Capital Group's ROCE % of for the quarter that ended in Sep. 2010 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2010 )  (Q: Jun. 2010 )(Q: Sep. 2010 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2010 )  (Q: Jun. 2010 )(Q: Sep. 2010 )
=3.8/( ( (46.724 - 8.052) + (48.406 - 8.498) )/ 2 )
=3.8/( ( 38.672 + 39.908 )/ 2 )
=3.8/39.29
=9.67 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2010) 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 9.67% mean?
KYN Capital Group (KYNC) has a ROCE % of 9.67% as of Sep. 2010.
Is KYN Capital Group's ROCE % too high?
KYN Capital Group's current ROCE % is 9.67%. The Software industry median ROCE % is 5.51. KYN Capital Group's value of 9.67% is 75.7% above this industry median.
How does KYN Capital Group's ROCE % compare to competitors?
KYN Capital Group's ROCE % of 9.67% can be compared against companies in the Software industry. The industry median ROCE % is 5.51. KYN Capital Group's value of 9.67% is 75.7% above this benchmark. 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 Software company?
The median ROCE % among Software companies is 5.51, based on 2,724 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. KYN Capital Group's current ROCE % of 9.67% is 75.7% above the industry median. 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 Software industry, the median ROCE % is 5.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KYN Capital Group's current ROCE % is 9.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KYN Capital Group stock overvalued right now?
KYN Capital Group (KYNC) has a current ROCE % of 9.67%. The current ROCE % is 9.67% and 75.7% above the Software industry median of 5.51. 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 KYN Capital Group (KYNC), the current ROCE % is 9.67% as of Sep. 2010. 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.

KYN Capital Group Business Description

Address 11321 Trade Center Drive, No. 255, Rancho Cordova, CA, USA, 95742
KYN Capital Group Inc is a holding company for acquisitions in entertainment, blockchain, and cryptocurrency markets. Its goal is to combine the expertise of its team members to create a cohesive force, which will carry the company forward in the marketplace. The company has released Koinfold 2.0 on IOS and Android platforms, which is a digital wallet mainly used to buy, sell, swap, and trade cryptocurrencies.