SOEN (Solar Enertech) ROCE %: -89.71% (As of Dec. 2011)


What is Solar Enertech ROCE %?

Solar Enertech SOEN ROCE % is -89.71% as of Dec. 2011.

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 Enertech's annualized ROCE % for the quarter that ended in Dec. 2011 was -89.71%.

Solar Enertech  (OTCPK:SOEN) 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 Enertech ROCE % Related Terms

Solar Enertech ROCE % Historical Data

* Premium members only.

The historical data trend for Solar Enertech'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 Enertech ROCE % Chart

Solar Enertech Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11
ROCE %
Get a 7-Day Free Trial -162.64 -160.91 -72.12 -179.51 -14.15

Solar Enertech Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11
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 143.11 -72.83 -73.52 -61.27 -89.71

Solar Enertech ROCE % Calculation

Solar Enertech's annualized ROCE % for the fiscal year that ended in Sep. 2011 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2011 )  (A: Sep. 2010 )(A: Sep. 2011 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2011 )  (A: Sep. 2010 )(A: Sep. 2011 )
=-1.385/( ( (29.752 - 19.652) + (21.877 - 12.407) )/ 2 )
=-1.385/( (10.1+9.47)/ 2 )
=-1.385/9.785
=-14.15 %

Solar Enertech's ROCE % of for the quarter that ended in Dec. 2011 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2011 )  (Q: Sep. 2011 )(Q: Dec. 2011 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2011 )  (Q: Sep. 2011 )(Q: Dec. 2011 )
=-8.108/( ( (21.877 - 12.407) + (16.448 - 7.841) )/ 2 )
=-8.108/( ( 9.47 + 8.607 )/ 2 )
=-8.108/9.0385
=-89.71 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2011) 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 -89.71% mean?
Solar Enertech (SOEN) has a ROCE % of -89.71% as of Dec. 2011.
Is Solar Enertech's ROCE % too high?
Solar Enertech's current ROCE % is -89.71%.
How does Solar Enertech's ROCE % compare to TRWRF and UCLE?
Solar Enertech's ROCE % of -89.71% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 4.81. 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 4.81, 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. 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 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solar Enertech's current ROCE % is -89.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Enertech stock overvalued right now?
Solar Enertech (SOEN) has a current ROCE % of -89.71%. The current ROCE % is -89.71%. 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 Enertech (SOEN), the current ROCE % is -89.71% as of Dec. 2011. 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 Enertech Business Description

Address 655 West Evelyn Avenue, Suite 2, Mountain View, CA, USA, 94041
Solar Enertech Corp currently operates as a photovoltaic solar energy cell manufacturer.