TSPG (TGI Solar Power Group) ROCE %: 0.00% (As of Jul. 2023)


What is TGI Solar Power Group ROCE %?

TGI Solar Power Group TSPG ROCE % is 0.00% as of Jul. 2023.

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. TGI Solar Power Group's annualized ROCE % for the quarter that ended in Jul. 2023 was 0.00%.

TGI Solar Power Group  (OTCPK:TSPG) 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.

TGI Solar Power Group ROCE % Related Terms

TGI Solar Power Group ROCE % Historical Data

* Premium members only.

The historical data trend for TGI Solar Power Group'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.

TGI Solar Power Group ROCE % Chart

TGI Solar Power Group Annual Data
Trend Jul15 Jul16 Jul17 Jul22 Jul23
ROCE %
0.00 -413.56 -1,004.55 0.00 0.00

TGI Solar Power Group Semi-Annual Data
Jul15 Jul16 Jul17 Jul22 Jul23
ROCE % 0.00 -413.56 -1,004.55 0.00 0.00

TGI Solar Power Group ROCE % Calculation

TGI Solar Power Group's annualized ROCE % for the fiscal year that ended in Jul. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jul. 2023 )  (A: Jul. 2022 )(A: Jul. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jul. 2023 )  (A: Jul. 2022 )(A: Jul. 2023 )
=-0.041/( ( (0.298 - 0.962) + (0.292 - 1.009) )/ 2 )
=-0.041/( (-0.664+-0.717)/ 2 )
=-0.041/-0.6905
=5.94 %

TGI Solar Power Group's ROCE % of for the quarter that ended in Jul. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jul. 2023 )  (Q: Jul. 2022 )(Q: Jul. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jul. 2023 )  (Q: Jul. 2022 )(Q: Jul. 2023 )
=-0.041/( ( (0.298 - 0.962) + (0.292 - 1.009) )/ 2 )
=-0.041/( ( -0.664 + -0.717 )/ 2 )
=-0.041/-0.6905
=0 %

(1) Note: The EBIT data used here is one times the annual (Jul. 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 0.00% mean?
TGI Solar Power Group (TSPG) has a ROCE % of 0.00% as of Jul. 2023.
Is TGI Solar Power Group's ROCE % too high?
TGI Solar Power Group's current ROCE % is 0.00%.
How does TGI Solar Power Group's ROCE % compare to ASTI and PTOS?
TGI Solar Power Group's ROCE % of 0.00% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 4.72. 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. 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. TGI Solar Power Group's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TGI Solar Power Group stock overvalued right now?
TGI Solar Power Group (TSPG) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. 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 TGI Solar Power Group (TSPG), the current ROCE % is 0.00% as of Jul. 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.

TGI Solar Power Group Business Description

Address 1801 North East 123rd Street, North Miami, FL, USA, 33181
TGI Solar Power Group Inc is a diversified holding company. The company offers its products and services to clients of various countries and maintains JVs and strategic alliances with installation, integration and energy consulting firms. It focuses on acquiring and developing patented technologies and processes with commercial value.