Wavefront Technology Solutions (TSXV:WEE.H) ROCE %: -150.74% (As of May. 2022)


What is Wavefront Technology Solutions ROCE %?

Wavefront Technology Solutions TSXV:WEE.H ROCE % is -150.74% as of May. 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. Wavefront Technology Solutions's annualized ROCE % for the quarter that ended in May. 2022 was -150.74%.

Wavefront Technology Solutions  (TSXV:WEE.H) 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.

Wavefront Technology Solutions ROCE % Related Terms

Wavefront Technology Solutions ROCE % Historical Data

* Premium members only.

The historical data trend for Wavefront Technology Solutions'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.

Wavefront Technology Solutions ROCE % Chart

Wavefront Technology Solutions Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -63.13 -45.48 -12.20 -21.66 -61.41

Wavefront Technology Solutions Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 -63.28 -53.02 -123.19 -97.70 -150.74

Wavefront Technology Solutions ROCE % Calculation

Wavefront Technology Solutions's annualized ROCE % for the fiscal year that ended in Aug. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Aug. 2021 )  (A: Aug. 2020 )(A: Aug. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Aug. 2021 )  (A: Aug. 2020 )(A: Aug. 2021 )
=-1.356/( ( (3.371 - 0.709) + (2.42 - 0.666) )/ 2 )
=-1.356/( (2.662+1.754)/ 2 )
=-1.356/2.208
=-61.41 %

Wavefront Technology Solutions's ROCE % of for the quarter that ended in May. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: May. 2022 )  (Q: Feb. 2022 )(Q: May. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: May. 2022 )  (Q: Feb. 2022 )(Q: May. 2022 )
=-1.98/( ( (2.652 - 1.1) + (2.173 - 1.098) )/ 2 )
=-1.98/( ( 1.552 + 1.075 )/ 2 )
=-1.98/1.3135
=-150.74 %

(1) Note: The EBIT data used here is four times the quarterly (May. 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 -150.74% mean?
Wavefront Technology Solutions (TSXV:WEE.H) has a ROCE % of -150.74% as of May. 2022.
Is Wavefront Technology Solutions' ROCE % too high?
Wavefront Technology Solutions' current ROCE % is -150.74%.
How does Wavefront Technology Solutions' ROCE % compare to VYEY and ENSV?
Wavefront Technology Solutions' ROCE % of -150.74% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. 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 Oil & Gas company?
The median ROCE % among Oil & Gas companies is 6.79, based on 977 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 Oil & Gas industry, the median ROCE % is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wavefront Technology Solutions's current ROCE % is -150.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wavefront Technology Solutions stock overvalued right now?
Wavefront Technology Solutions (TSXV:WEE.H) has a current ROCE % of -150.74%. The current ROCE % is -150.74%. 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 Wavefront Technology Solutions (TSXV:WEE.H), the current ROCE % is -150.74% as of May. 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.

Wavefront Technology Solutions Business Description

Industry EnergyOil & Gas
Address 5621 70 Street NW, Edmonton, AB, CAN, T6B 3P6
Wavefront Technology Solutions Inc is a technology-based oil field service provider that offers the oil and gas industry proprietary, technology for oil and gas well stimulation and applications related to IOR/EOR recovery.