SDVI (Signature Devices) ROCE %: -31.43% (As of Jun. 2021)


What is Signature Devices ROCE %?

Signature Devices SDVI -99.00% ROCE % is -31.43% as of Jun. 2021.

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. Signature Devices's annualized ROCE % for the quarter that ended in Jun. 2021 was -31.43%.

Signature Devices  (OTCPK:SDVI) 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.

Signature Devices ROCE % Related Terms

Signature Devices ROCE % Historical Data

* Premium members only.

The historical data trend for Signature Devices'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.

Signature Devices ROCE % Chart

Signature Devices Annual Data
Trend Dec18 Dec19 Dec20
ROCE %
2.45 -7.14 -19.70

Signature Devices Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -17.76 -25.40 -27.13 -29.13 -31.43

Signature Devices ROCE % Calculation

Signature Devices's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=-0.233/( ( (1.519 - 0.007) + (0.854 - 0) )/ 2 )
=-0.233/( (1.512+0.854)/ 2 )
=-0.233/1.183
=-19.70 %

Signature Devices's ROCE % of for the quarter that ended in Jun. 2021 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2021 )  (Q: Mar. 2021 )(Q: Jun. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2021 )  (Q: Mar. 2021 )(Q: Jun. 2021 )
=-0.24/( ( (0.794 - 0) + (0.733 - 0) )/ 2 )
=-0.24/( ( 0.794 + 0.733 )/ 2 )
=-0.24/0.7635
=-31.43 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2021) 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 -31.43% mean?
Signature Devices (SDVI) has a ROCE % of -31.43% as of Jun. 2021.
Is Signature Devices' ROCE % too high?
Signature Devices' current ROCE % is -31.43%.
How does Signature Devices' ROCE % compare to GTCH and FCCN?
Signature Devices' ROCE % of -31.43% can be compared against companies in the Software industry. The industry median ROCE % is 5.18. 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 5.18, based on 2,710 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 Software industry, the median ROCE % is 5.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Signature Devices's current ROCE % is -31.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Signature Devices stock overvalued right now?
Signature Devices (SDVI) has a current ROCE % of -31.43%. The current ROCE % is -31.43%. 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 Signature Devices (SDVI), the current ROCE % is -31.43% as of Jun. 2021. 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.

Signature Devices Business Description

Address 30 Shadow Brook Lane, Lander, WY, USA, 82520
Signature Devices Inc is a technology company that focuses on Mobile games, applications and Internet of Things devices and embeds cryptocurrency technology for A.I. processing and Non-Fungible Tokens (NFT's) into games and applications.