SIRC (Solar Integrated Roofing) ROCE %: 30.22% (As of Sep. 2022)


What is Solar Integrated Roofing ROCE %?

Solar Integrated Roofing SIRC -99.00% ROCE % is 30.22% as of Sep. 2022.

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. Solar Integrated Roofing's annualized ROCE % for the quarter that ended in Sep. 2022 was 30.22%.

Solar Integrated Roofing  (OTCPK:SIRC) 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.

Solar Integrated Roofing ROCE % Related Terms

Solar Integrated Roofing ROCE % Historical Data

* Premium members only.

The historical data trend for Solar Integrated Roofing'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.

Solar Integrated Roofing ROCE % Chart

Solar Integrated Roofing Annual Data
Trend Feb08 Feb09
ROCE %
-13.12 -30.70

Solar Integrated Roofing Quarterly Data
Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Sep21 Sep22
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 -37.41 -31.35 -43.04 -1,772.58 30.22

Solar Integrated Roofing ROCE % Calculation

Solar Integrated Roofing's annualized ROCE % for the fiscal year that ended in Feb. 2009 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Feb. 2009 )  (A: Feb. 2008 )(A: Feb. 2009 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Feb. 2009 )  (A: Feb. 2008 )(A: Feb. 2009 )
=-0.324/( ( (1.363 - 0.029) + (0.78 - 0.003) )/ 2 )
=-0.324/( (1.334+0.777)/ 2 )
=-0.324/1.0555
=-30.70 %

Solar Integrated Roofing's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2022 )  (Q: Sep. 2021 )(Q: Sep. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2022 )  (Q: Sep. 2021 )(Q: Sep. 2022 )
=29.272/( ( (0 - 0) + (153.688 - 56.839) )/ 1 )
=29.272/( ( 0 + 96.849 )/ 1 )
=29.272/96.849
=30.22 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2022) 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 30.22% mean?
Solar Integrated Roofing (SIRC) has a ROCE % of 30.22% as of Sep. 2022.
Is Solar Integrated Roofing's ROCE % too high?
Solar Integrated Roofing's current ROCE % is 30.22%. The Semiconductors industry median ROCE % is 4.72. Solar Integrated Roofing's value of 30.22% is 540.3% above this industry median.
How does Solar Integrated Roofing's ROCE % compare to YGEHY and BSRC?
Solar Integrated Roofing's ROCE % of 30.22% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 4.72. Solar Integrated Roofing's value of 30.22% is 540.3% 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 Semiconductors company?
The median ROCE % among Semiconductors companies is 4.72, based on 1,018 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. Solar Integrated Roofing's current ROCE % of 30.22% is 540.3% 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 Semiconductors industry, the median ROCE % is 4.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solar Integrated Roofing's current ROCE % is 30.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Integrated Roofing stock overvalued right now?
Solar Integrated Roofing (SIRC) has a current ROCE % of 30.22%. The current ROCE % is 30.22% and 540.3% above the Semiconductors industry median of 4.72. 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 Solar Integrated Roofing (SIRC), the current ROCE % is 30.22% as of Sep. 2022. 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.

Solar Integrated Roofing Business Description

Address 2831 Saint Rose Parkway, Suite 200, Henderson, NV, USA, 89052
Solar Integrated Roofing Corp is an integrated, single-source solar power, EV (Electric Vehicle) charging, microgrids and roofing systems installation company providing products and services to government, commercial and residential facilities, and properties. The company has segments namely: Solar Residential; Solar Commercial; Roofing Construction; EV Charging; and Supplemental. It derives maximum revenue from Solar Commercial Segment.