Smartwell Technology (TSXV:SMWE) ROCE %: -273.32% (As of Dec. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSXV:SMWE Smartwell Technology Inc TSXV:SMWE
8 GF Score
Price C$0.14
View Full Analysis

What is Smartwell Technology ROCE %?

Smartwell Technology TSXV:SMWE 8 ROCE % is -273.32% as of Dec. 2024. GuruFocus rates TSXV:SMWE with a GF Score™ of 8/100.

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. Smartwell Technology's annualized ROCE % for the quarter that ended in Dec. 2024 was -273.32%.

Smartwell Technology  (TSXV:SMWE) 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.

Smartwell Technology ROCE % Related Terms

Smartwell Technology ROCE % Historical Data

* Premium members only.

The historical data trend for Smartwell Technology'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.

Smartwell Technology ROCE % Chart

Smartwell Technology Annual Data
Trend Dec22 Dec23 Dec24
ROCE %
-14.08 -140.83 -273.32

Smartwell Technology Semi-Annual Data
Dec22 Dec23 Dec24
ROCE % -14.08 -140.83 -273.32
TSXV:SMWE
8GF Score
Smartwell Technology Inc TSXV:SMWE
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Smartwell Technology ROCE % Calculation

Smartwell Technology's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-0.794/( ( (0.563 - 0.286) + (0.795 - 0.491) )/ 2 )
=-0.794/( (0.277+0.304)/ 2 )
=-0.794/0.2905
=-273.32 %

Smartwell Technology's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=-0.794/( ( (0.563 - 0.286) + (0.795 - 0.491) )/ 2 )
=-0.794/( ( 0.277 + 0.304 )/ 2 )
=-0.794/0.2905
=-273.32 %

(1) Note: The EBIT data used here is one times the annual (Dec. 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 -273.32% mean?
Smartwell Technology (TSXV:SMWE) has a ROCE % of -273.32% as of Dec. 2024.
Is Smartwell Technology's ROCE % too high?
Smartwell Technology's current ROCE % is -273.32%. Overall, Smartwell Technology has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Smartwell Technology's ROCE % compare to ?
Smartwell Technology's ROCE % of -273.32% can be compared against companies in the Software industry. The industry median ROCE % is 5.33. 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 Software company?
The median ROCE % among Software companies is 5.33, based on 2,726 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 Software industry, the median ROCE % is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smartwell Technology's current ROCE % is -273.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smartwell Technology stock overvalued right now?
Smartwell Technology (TSXV:SMWE) has a current ROCE % of -273.32%. The current ROCE % is -273.32%. Smartwell Technology's overall GF Score™ is 8/100. 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 Smartwell Technology (TSXV:SMWE), the current ROCE % is -273.32% as of Dec. 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.

Smartwell Technology Business Description

Comparable Companies
Smartwell Technology Inc is a Canadian company that specializes in the field of smart agriculture. The company's technologies include crop growth models, satellite image recognition algorithms, and machine learning-based optimization. The company offers two main product lines through the Controlled Environment Agriculture (CEA) system, which consists of hardware and software. The hardware includes various sensors deployed in soil, air, and crops and automation control devices within the greenhouse. The software includes the company's proprietary digital twin plant growth models, data analysis and control systems.
8GF Score

Get the complete analysis for TSXV:SMWE

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$0.14
Price