CMOT (Curtiss Motorcycles Co) ROIC %: -58.04% (As of Sep. 2015)

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What is Curtiss Motorcycles Co ROIC %?

Curtiss Motorcycles Co CMOT ROIC % is -58.04% as of Sep. 2015.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Curtiss Motorcycles Co's annualized return on invested capital (ROIC %) for the quarter that ended in Sep. 2015 was -58.04%.

As of today (2026-08-19), Curtiss Motorcycles Co's WACC % is 0.00%. Curtiss Motorcycles Co's ROIC % is 0.00% (calculated using TTM income statement data). Curtiss Motorcycles Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Curtiss Motorcycles Co  (OTCPK:CMOT) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Curtiss Motorcycles Co's WACC % is 0.00%. Curtiss Motorcycles Co's ROIC % is 0.00% (calculated using TTM income statement data). Curtiss Motorcycles Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Curtiss Motorcycles Co ROIC % Related Terms


Curtiss Motorcycles Co ROIC % Historical Data

* Premium members only.

The historical data trend for Curtiss Motorcycles Co's ROIC % 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.

Curtiss Motorcycles Co ROIC % Chart

Curtiss Motorcycles Co Annual Data
Trend Nov05 Nov06 Nov07 Nov08 Dec09 Dec10 Dec11 Dec12 Dec13
ROIC %
Get a 7-Day Free Trial Premium Member Only -562.17 -48.27 -50.93 -62.12 -66.86

Curtiss Motorcycles Co Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
ROIC % 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 -0.47 -560.93 -37.20 -52.80 -58.04

CMOT vs FUV, MCFT, MPX: ROIC % Comparison

For the Recreational Vehicles subindustry, Curtiss Motorcycles Co's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Curtiss Motorcycles Co ROIC % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Curtiss Motorcycles Co's ROIC % distribution charts can be found below:

* The bar in red indicates where Curtiss Motorcycles Co's ROIC % falls into.



Curtiss Motorcycles Co ROIC % Calculation

Curtiss Motorcycles Co's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2013 is calculated as:

ROIC % (A: Dec. 2013 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2012 ) + Invested Capital (A: Dec. 2013 ))/ count )
=-0.706 * ( 1 - 0% )/( (1.077 + 1.035)/ 2 )
=-0.706/1.056
=-66.86 %

where

Curtiss Motorcycles Co's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Sep. 2015 is calculated as:

ROIC % (Q: Sep. 2015 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2015 ) + Invested Capital (Q: Sep. 2015 ))/ count )
=-0.612 * ( 1 - 0% )/( (1.011 + 1.098)/ 2 )
=-0.612/1.0545
=-58.04 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2015) data. The tax rate is limited to between 0% and 100%.

* 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 ROIC % →
What does a ROIC % of -58.04% mean?
Curtiss Motorcycles Co (CMOT) has a ROIC % of -58.04% as of Sep. 2015. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Curtiss Motorcycles Co and its competitors.
Is Curtiss Motorcycles Co's ROIC % too high?
Curtiss Motorcycles Co's current ROIC % is -58.04%.
How does Curtiss Motorcycles Co's ROIC % compare to FUV and MCFT?
Curtiss Motorcycles Co's ROIC % of -58.04% can be compared against companies in the Vehicles & Parts industry. The industry median ROIC % is 5.04. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Vehicles & Parts company?
The median ROIC % among Vehicles & Parts companies is 5.04, based on 1,312 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Curtiss Motorcycles Co and its competitors. For the Vehicles & Parts industry, the median ROIC % is 5.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Curtiss Motorcycles Co's current ROIC % is -58.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Curtiss Motorcycles Co stock overvalued right now?
Curtiss Motorcycles Co (CMOT) has a current ROIC % of -58.04%. The current ROIC % is -58.04%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Curtiss Motorcycles Co (CMOT), the current ROIC % is -58.04% as of Sep. 2015. 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.

Curtiss Motorcycles Co Business Description

Address 8118 Parkway Drive, Leeds, AL, USA, 35094
Curtiss Motorcycles Co Inc is an American manufacturer of handcrafted luxury electric motorbikes. The Company is the creator of the motorcycles pre-sold online. Operations of the company are conducted in the United States and generate revenue from sales of motorbikes and other related products and services.