SPIEF (SPI Energy Co) ROCE %: 37.15% (As of Sep. 2023)


SPIEF SPI Energy Co Ltd SPIEF
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What is SPI Energy Co ROCE %?

SPI Energy Co SPIEF 12 ROCE % is 37.15% as of Sep. 2023. GuruFocus rates SPIEF with a GF Score™ of 12/100.

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. SPI Energy Co's annualized ROCE % for the quarter that ended in Sep. 2023 was 37.15%.

SPI Energy Co  (OTCPK:SPIEF) 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.

SPI Energy Co ROCE % Related Terms

SPI Energy Co ROCE % Historical Data

* Premium members only.

The historical data trend for SPI Energy Co'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.

SPI Energy Co ROCE % Chart

SPI Energy Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -76.54 -5.54 -63.89 -51.31

SPI Energy Co Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -59.09 -148.51 -78.94 5.16 37.15
SPIEF
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SPI Energy Co Ltd SPIEF
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SPI Energy Co ROCE % Calculation

SPI Energy Co's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-24.537/( ( (228.08 - 173.838) + (231.095 - 189.697) )/ 2 )
=-24.537/( (54.242+41.398)/ 2 )
=-24.537/47.82
=-51.31 %

SPI Energy Co's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=12.308/( ( (230.539 - 198.82) + (230.192 - 195.658) )/ 2 )
=12.308/( ( 31.719 + 34.534 )/ 2 )
=12.308/33.1265
=37.15 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) 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 37.15% mean?
SPI Energy Co (SPIEF) has a ROCE % of 37.15% as of Sep. 2023.
Is SPI Energy Co's ROCE % too high?
SPI Energy Co's current ROCE % is 37.15%. The Semiconductors industry median ROCE % is 4.81. SPI Energy Co's value of 37.15% is 673.2% above this industry median. Overall, SPI Energy Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does SPI Energy Co's ROCE % compare to ISUN and SUNW?
SPI Energy Co's ROCE % of 37.15% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 4.81. SPI Energy Co's value of 37.15% is 673.2% 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 4.81, 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. SPI Energy Co's current ROCE % of 37.15% is 673.2% 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 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPI Energy Co's current ROCE % is 37.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPI Energy Co stock overvalued right now?
SPI Energy Co (SPIEF) has a current ROCE % of 37.15%. The current ROCE % is 37.15% and 673.2% above the Semiconductors industry median of 4.81. SPI Energy Co's overall GF Score™ is 12/100. 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 SPI Energy Co (SPIEF), the current ROCE % is 37.15% as of Sep. 2023. 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.

SPI Energy Co Business Description

Address 4803 Urbani Ave, Mc Clellan Park, CA, USA, 95652
SPI Energy Co Ltd is a renewable energy company and provider of solar storage and electric vehicle (EV) solutions. The company has three core divisions: SolarJuice residential solar, the commercial solar division comprised of SPI Solar and Orange Power, and the Edisonfuture/Phoenix Motor EV division. Geographically, it has a presence in North America, Australia, Asia and Europe.
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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