ZEVY (Lightning eMotors) ROCE %: -1,933.59% (As of Sep. 2023)


ZEVY Lightning eMotors Inc ZEVY
12 GF Score
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What is Lightning eMotors ROCE %?

Lightning eMotors ZEVY 12 ROCE % is -1,933.59% as of Sep. 2023. GuruFocus rates ZEVY 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. Lightning eMotors's annualized ROCE % for the quarter that ended in Sep. 2023 was -1,933.59%.

Lightning eMotors  (OTCPK:ZEVY) 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.

Lightning eMotors ROCE % Related Terms

Lightning eMotors ROCE % Historical Data

* Premium members only.

The historical data trend for Lightning eMotors'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.

Lightning eMotors ROCE % Chart

Lightning eMotors Annual Data
Trend Dec19 Dec20 Dec21 Dec22
ROCE %
-245.95 0.00 -96.46 18.45

Lightning eMotors Quarterly Data
Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 6.38 -14.71 -70.17 -104.23 -1,933.59
ZEVY
12GF Score
Lightning eMotors Inc ZEVY
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Lightning eMotors ROCE % Calculation

Lightning eMotors's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=30.128/( ( (213.41 - 14.417) + (143.559 - 15.94) )/ 2 )
=30.128/( (198.993+127.619)/ 2 )
=30.128/163.306
=18.45 %

Lightning eMotors's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=-187.22/( ( (107.159 - 73.23) + (55.695 - 70.259) )/ 2 )
=-187.22/( ( 33.929 + -14.564 )/ 2 )
=-187.22/9.6825
=-1,933.59 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) 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 -1,933.59% mean?
Lightning eMotors (ZEVY) has a ROCE % of -1,933.59% as of Sep. 2023.
Is Lightning eMotors' ROCE % too high?
Lightning eMotors' current ROCE % is -1,933.59%. Overall, Lightning eMotors has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Lightning eMotors' ROCE % compare to AMMX and CEAD?
Lightning eMotors' ROCE % of -1,933.59% can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median ROCE % is 9.19. 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 Farm & Heavy Construction Machinery company?
The median ROCE % among Farm & Heavy Construction Machinery companies is 9.19, based on 205 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 Farm & Heavy Construction Machinery industry, the median ROCE % is 9.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lightning eMotors's current ROCE % is -1,933.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lightning eMotors stock overvalued right now?
Lightning eMotors (ZEVY) has a current ROCE % of -1,933.59%. The current ROCE % is -1,933.59%. Lightning eMotors' 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 Lightning eMotors (ZEVY), the current ROCE % is -1,933.59% as of Sep. 2023. 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.

Lightning eMotors Business Description

Address 815 14th Street South West, Suite A100, Loveland, CO, USA, 80537
Lightning eMotors Inc is engaged in designing and manufacturing zero-emission commercial trucks and buses and charging infrastructure solutions for fleets, large enterprises, original equipment manufacturers, and governments. Its product offerings range from cargo vans, transit and shuttle buses, school buses, specialty work trucks, ambulances, and electric powertrains for school buses, transit buses, and motor coaches. Its product solutions help its customers reduce their greenhouse gas emissions, lower operating costs and improve energy efficiency.
12GF Score

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

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