WAYS (Wave Sync) ROCE %: -2.55% (As of Mar. 2022)


WAYS Wave Sync Corp WAYS
12 GF Score
Price $4.48
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What is Wave Sync ROCE %?

Wave Sync WAYS 12 ROCE % is -2.55% as of Mar. 2022. GuruFocus rates WAYS with a GF Score™ of 12/100.

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. Wave Sync's annualized ROCE % for the quarter that ended in Mar. 2022 was -2.55%.

Wave Sync  (OTCPK:WAYS) 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.

Wave Sync ROCE % Related Terms

Wave Sync ROCE % Historical Data

* Premium members only.

The historical data trend for Wave Sync'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.

Wave Sync ROCE % Chart

Wave Sync Annual Data
Trend Jun09 Jun10 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -423.99 -654.26 0.00 0.00 -13.01

Wave Sync Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 0.00 -30.32 -279.71 -7.58 -2.55
WAYS
12GF Score
Wave Sync Corp WAYS
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Wave Sync ROCE % Calculation

Wave Sync'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 )
=-1.467/( ( (0 - 0.072) + (25.3 - 2.673) )/ 2 )
=-1.467/( (-0.072+22.627)/ 2 )
=-1.467/11.2775
=-13.01 %

Wave Sync's ROCE % of for the quarter that ended in Mar. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=-0.576/( ( (25.3 - 2.673) + (25.112 - 2.613) )/ 2 )
=-0.576/( ( 22.627 + 22.499 )/ 2 )
=-0.576/22.563
=-2.55 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 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 -2.55% mean?
Wave Sync (WAYS) has a ROCE % of -2.55% as of Mar. 2022.
Is Wave Sync's ROCE % too high?
Wave Sync's current ROCE % is -2.55%. Overall, Wave Sync has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Wave Sync's ROCE % compare to GWII and CNTQ?
Wave Sync's ROCE % of -2.55% can be compared against companies in the Diversified Financial Services industry. 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 Diversified Financial Services company?
A good ROCE % depends on the Diversified Financial Services industry context. 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. Wave Sync's current ROCE % is -2.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wave Sync stock overvalued right now?
Wave Sync (WAYS) has a current ROCE % of -2.55%. The current ROCE % is -2.55%. Wave Sync's overall GF Score™ is 12/100. 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 Wave Sync (WAYS), the current ROCE % is -2.55% as of Mar. 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.

Wave Sync Business Description

Address 19 West 44th Street, Suite 1001, New York, NY, USA, 10036
Wave Sync Corp is a shell company.
12GF Score

Get the complete analysis for WAYS

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

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