OPST (OPT Sciences) ROCE %: 15.32% (As of Jul. 2015)


What is OPT Sciences ROCE %?

OPT Sciences OPST +13.75% ROCE % is 15.32% as of Jul. 2015.

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. OPT Sciences's annualized ROCE % for the quarter that ended in Jul. 2015 was 15.32%.

OPT Sciences  (OTCPK:OPST) 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.

OPT Sciences ROCE % Related Terms

OPT Sciences ROCE % Historical Data

* Premium members only.

The historical data trend for OPT Sciences'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.

OPT Sciences ROCE % Chart

OPT Sciences Annual Data
Trend Oct05 Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.99 9.56 8.23 9.08 9.14

OPT Sciences Quarterly Data
Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15
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 8.27 15.61 9.27 15.01 15.32

OPT Sciences ROCE % Calculation

OPT Sciences's annualized ROCE % for the fiscal year that ended in Oct. 2014 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Oct. 2014 )  (A: Oct. 2013 )(A: Oct. 2014 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Oct. 2014 )  (A: Oct. 2013 )(A: Oct. 2014 )
=1.244/( ( (13.569 - 0.51) + (14.716 - 0.544) )/ 2 )
=1.244/( (13.059+14.172)/ 2 )
=1.244/13.6155
=9.14 %

OPT Sciences's ROCE % of for the quarter that ended in Jul. 2015 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jul. 2015 )  (Q: Apr. 2015 )(Q: Jul. 2015 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jul. 2015 )  (Q: Apr. 2015 )(Q: Jul. 2015 )
=2.308/( ( (15.462 - 0.578) + (15.923 - 0.669) )/ 2 )
=2.308/( ( 14.884 + 15.254 )/ 2 )
=2.308/15.069
=15.32 %

(1) Note: The EBIT data used here is four times the quarterly (Jul. 2015) 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 15.32% mean?
OPT Sciences (OPST) has a ROCE % of 15.32% as of Jul. 2015.
Is OPT Sciences' ROCE % too high?
OPT Sciences' current ROCE % is 15.32%. The Aerospace & Defense industry median ROCE % is 6.29. OPT Sciences' value of 15.32% is 143.6% above this industry median.
How does OPT Sciences' ROCE % compare to SDEV and SIF?
OPT Sciences' ROCE % of 15.32% can be compared against companies in the Aerospace & Defense industry. The industry median ROCE % is 6.29. OPT Sciences' value of 15.32% is 143.6% 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 an Aerospace & Defense company?
The median ROCE % among Aerospace & Defense companies is 6.29, based on 350 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. OPT Sciences's current ROCE % of 15.32% is 143.6% 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 Aerospace & Defense industry, the median ROCE % is 6.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OPT Sciences's current ROCE % is 15.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OPT Sciences stock overvalued right now?
OPT Sciences (OPST) has a current ROCE % of 15.32%. The current ROCE % is 15.32% and 143.6% above the Aerospace & Defense industry median of 6.29. 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 OPT Sciences (OPST), the current ROCE % is 15.32% as of Jul. 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.

OPT Sciences Business Description

Address 1912 Bannard Street, Cinnaminson, NJ, USA, 08077
OPT Sciences Corp through its operating subsidiary O & S Research, manufactures precision optical components for the Aerospace Industry. It provides anti-glare optical coatings, panels for liquid crystal displays ("LCD"), LCD glass heaters, and electromagnetic interference shielding glass. In addition, it also offers glass cutting, grinding, and painting services. Geographically, the activities are performed in the United States and it derives revenue from product sales when products are shipped to customers.