Forward Water Technologies (TSXV:FWTC) ROCE %: -33.78% (As of Sep. 2024)


TSXV:FWTC Forward Water Technologies Corp TSXV:FWTC
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What is Forward Water Technologies ROCE %?

Forward Water Technologies TSXV:FWTC 10 ROCE % is -33.78% as of Sep. 2024. GuruFocus rates TSXV:FWTC with a GF Score™ of 10/100.

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. Forward Water Technologies's annualized ROCE % for the quarter that ended in Sep. 2024 was -33.78%.

Forward Water Technologies  (TSXV:FWTC) 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.

Forward Water Technologies ROCE % Related Terms

Forward Water Technologies ROCE % Historical Data

* Premium members only.

The historical data trend for Forward Water Technologies'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.

Forward Water Technologies ROCE % Chart

Forward Water Technologies Annual Data
Trend Mar21 Mar22 Mar23 Mar24
ROCE %
0.00 -331.73 -81.82 -271.29

Forward Water Technologies Quarterly Data
Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -195.32 -147.49 -800.00 0.00 -33.78
TSXV:FWTC
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Forward Water Technologies Corp TSXV:FWTC
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Forward Water Technologies ROCE % Calculation

Forward Water Technologies's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=-2.112/( ( (2.134 - 0.703) + (1.585 - 1.459) )/ 2 )
=-2.112/( (1.431+0.126)/ 2 )
=-2.112/0.7785
=-271.29 %

Forward Water Technologies's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=-0.764/( ( (1.491 - 1.626) + (6.194 - 1.536) )/ 2 )
=-0.764/( ( -0.135 + 4.658 )/ 2 )
=-0.764/2.2615
=-33.78 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) 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 -33.78% mean?
Forward Water Technologies (TSXV:FWTC) has a ROCE % of -33.78% as of Sep. 2024.
Is Forward Water Technologies' ROCE % too high?
Forward Water Technologies' current ROCE % is -33.78%. Overall, Forward Water Technologies has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Forward Water Technologies' ROCE % compare to AWK and WTRG?
Forward Water Technologies' ROCE % of -33.78% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.91. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Utilities - Regulated company?
The median ROCE % among Utilities - Regulated companies is 6.91, based on 506 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 Utilities - Regulated industry, the median ROCE % is 6.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forward Water Technologies's current ROCE % is -33.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forward Water Technologies stock overvalued right now?
Forward Water Technologies (TSXV:FWTC) has a current ROCE % of -33.78%. The current ROCE % is -33.78%. Forward Water Technologies' overall GF Score™ is 10/100. 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 Forward Water Technologies (TSXV:FWTC), the current ROCE % is -33.78% as of Sep. 2024. 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.

Forward Water Technologies Business Description

Address 1086 Modeland Road, Sarnia, ON, CAN, N7S 6L2
Forward Water Technologies Corp operates as a waste water treatment company. Its principal activity is the commercialization of its proprietary forward osmosis technology. The company's technology allows businesses to clean their wastewater that would otherwise require costly disposal.
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