TOWTF (Tower One Wireless) ROCE %: 305.07% (As of Sep. 2022)


What is Tower One Wireless ROCE %?

Tower One Wireless TOWTF -99.98% ROCE % is 305.07% 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. Tower One Wireless's annualized ROCE % for the quarter that ended in Sep. 2022 was 305.07%.

Tower One Wireless  (OTCPK:TOWTF) 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.

Tower One Wireless ROCE % Related Terms

Tower One Wireless ROCE % Historical Data

* Premium members only.

The historical data trend for Tower One Wireless'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.

Tower One Wireless ROCE % Chart

Tower One Wireless Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -710.41 -424.94 0.00 0.00 0.00

Tower One Wireless Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 363.40 0.00 0.00 -2,052.98 305.07

Tower One Wireless ROCE % Calculation

Tower One Wireless's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=-1.861/( ( (8.673 - 16.251) + (17.099 - 18.988) )/ 2 )
=-1.861/( (-7.578+-1.889)/ 2 )
=-1.861/-4.7335
=39.32 %

Tower One Wireless'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: Jun. 2022 )(Q: Sep. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=8.176/( ( (25.212 - 25.066) + (31.102 - 25.888) )/ 2 )
=8.176/( ( 0.146 + 5.214 )/ 2 )
=8.176/2.68
=305.07 %

(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 305.07% mean?
Tower One Wireless (TOWTF) has a ROCE % of 305.07% as of Sep. 2022.
Is Tower One Wireless' ROCE % too high?
Tower One Wireless' current ROCE % is 305.07%. The Telecommunication Services industry median ROCE % is 7.72. Tower One Wireless' value of 305.07% is 3851.7% above this industry median.
How does Tower One Wireless' ROCE % compare to VZ and CMCSA?
Tower One Wireless' ROCE % of 305.07% can be compared against companies in the Telecommunication Services industry. The industry median ROCE % is 7.72. Tower One Wireless' value of 305.07% is 3851.7% 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 Telecommunication Services company?
The median ROCE % among Telecommunication Services companies is 7.72, based on 356 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. Tower One Wireless's current ROCE % of 305.07% is 3851.7% 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 Telecommunication Services industry, the median ROCE % is 7.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tower One Wireless's current ROCE % is 305.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tower One Wireless stock overvalued right now?
Tower One Wireless (TOWTF) has a current ROCE % of 305.07%. The current ROCE % is 305.07% and 3851.7% above the Telecommunication Services industry median of 7.72. 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 Tower One Wireless (TOWTF), the current ROCE % is 305.07% 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.

Tower One Wireless Business Description

Address 535 Howe Street, Suite 600, Vancouver, BC, CAN, V6C 2Z4
Tower One Wireless Corp is a Canada-based company that is a tower owner, operator, and developer of multitenant communications structures. Its primary business is leasing space on communication sites to mobile network operators. The company's geographical segments include Argentina, Colombia, Mexico, the United States of America, and others. It derives a majority of revenue from Colombia. Tower-related services include site acquisition, zoning and permitting, structural analysis, and construction, which supports the company's site leasing business, including the addition of new tenants and equipment on its sites.