YOURF (YourWay Cannabis Brands) ROCE %: 24.62% (As of Sep. 2021)


What is YourWay Cannabis Brands ROCE %?

YourWay Cannabis Brands YOURF -90.00% ROCE % is 24.62% as of Sep. 2021.

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. YourWay Cannabis Brands's annualized ROCE % for the quarter that ended in Sep. 2021 was 24.62%.

YourWay Cannabis Brands  (OTCPK:YOURF) 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.

YourWay Cannabis Brands ROCE % Related Terms

YourWay Cannabis Brands ROCE % Historical Data

* Premium members only.

The historical data trend for YourWay Cannabis Brands'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.

YourWay Cannabis Brands ROCE % Chart

YourWay Cannabis Brands Annual Data
Trend Dec19 Dec20
ROCE %
-31.73 -35.01

YourWay Cannabis Brands Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
ROCE % Get a 7-Day Free Trial Premium Member Only -13.32 -12.86 80.18 66.84 24.62

YourWay Cannabis Brands ROCE % Calculation

YourWay Cannabis Brands's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=-2.375/( ( (5.885 - 1.423) + (14.828 - 5.721) )/ 2 )
=-2.375/( (4.462+9.107)/ 2 )
=-2.375/6.7845
=-35.01 %

YourWay Cannabis Brands's ROCE % of for the quarter that ended in Sep. 2021 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2021 )  (Q: Jun. 2021 )(Q: Sep. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2021 )  (Q: Jun. 2021 )(Q: Sep. 2021 )
=4.872/( ( (24.379 - 5.744) + (27.908 - 6.958) )/ 2 )
=4.872/( ( 18.635 + 20.95 )/ 2 )
=4.872/19.7925
=24.62 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2021) 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 24.62% mean?
YourWay Cannabis Brands (YOURF) has a ROCE % of 24.62% as of Sep. 2021.
Is YourWay Cannabis Brands' ROCE % too high?
YourWay Cannabis Brands' current ROCE % is 24.62%. The Drug Manufacturers industry median ROCE % is 7.00. YourWay Cannabis Brands' value of 24.62% is 252% above this industry median.
How does YourWay Cannabis Brands' ROCE % compare to ZTS and CTLT?
YourWay Cannabis Brands' ROCE % of 24.62% can be compared against companies in the Drug Manufacturers industry. The industry median ROCE % is 7.00. YourWay Cannabis Brands' value of 24.62% is 252% above this benchmark. 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 Drug Manufacturers company?
The median ROCE % among Drug Manufacturers companies is 7.00, based on 958 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. YourWay Cannabis Brands's current ROCE % of 24.62% is 252% above the industry median. 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 Drug Manufacturers industry, the median ROCE % is 7.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. YourWay Cannabis Brands's current ROCE % is 24.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YourWay Cannabis Brands stock overvalued right now?
YourWay Cannabis Brands (YOURF) has a current ROCE % of 24.62%. The current ROCE % is 24.62% and 252% above the Drug Manufacturers industry median of 7.00. 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 YourWay Cannabis Brands (YOURF), the current ROCE % is 24.62% as of Sep. 2021. 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.

YourWay Cannabis Brands Business Description

Address 885 W Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8
YourWay Cannabis Brands Inc is a multi-state operator with sales and operations in Arizona and California. Through building own brands, partnering with others, and providing white-labelled product, company is dedicated towards expanding the reach; remolding the cannabis industry and ultimately, redefining the way consumers and cannabis brands interact.