CYBF (Cyberfort Software) ROIC %: -90.70% (As of Dec. 2019)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Cyberfort Software ROIC %?

Cyberfort Software CYBF ROIC % is -90.70% as of Dec. 2019.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Cyberfort Software's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2019 was -90.70%.

As of today (2026-07-25), Cyberfort Software's WACC % is 0.00%. Cyberfort Software's ROIC % is 0.00% (calculated using TTM income statement data). Cyberfort Software earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Cyberfort Software  (OTCPK:CYBF) 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, Cyberfort Software's WACC % is 0.00%. Cyberfort Software's ROIC % is 0.00% (calculated using TTM income statement data). Cyberfort Software 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.


Cyberfort Software ROIC % Related Terms


Cyberfort Software ROIC % Historical Data

* Premium members only.

The historical data trend for Cyberfort Software'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.

Cyberfort Software ROIC % Chart

Cyberfort Software Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
ROIC %
Get a 7-Day Free Trial Premium Member Only -245.47 -40.00 -220.67 -134.66 -268.36

Cyberfort Software Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 -160.81 -105.52 -77.47 -93.51 -90.70

CYBF vs NTPY, CCIHY, ATDS: ROIC % Comparison

For the Software - Infrastructure subindustry, Cyberfort Software'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.


Cyberfort Software ROIC % vs Software Industry

For the Software industry and Technology sector, Cyberfort Software's ROIC % distribution charts can be found below:

* The bar in red indicates where Cyberfort Software's ROIC % falls into.



Cyberfort Software ROIC % Calculation

Cyberfort Software's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2019 is calculated as:

ROIC % (A: Mar. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2018 ) + Invested Capital (A: Mar. 2019 ))/ count )
=-0.581 * ( 1 - 0% )/( (0.202 + 0.231)/ 2 )
=-0.581/0.2165
=-268.36 %

where

Cyberfort Software's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2019 is calculated as:

ROIC % (Q: Dec. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2019 ) + Invested Capital (Q: Dec. 2019 ))/ count )
=-0.2 * ( 1 - 0% )/( (0.218 + 0.223)/ 2 )
=-0.2/0.2205
=-90.70 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2019) 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 -90.70% mean?
Cyberfort Software (CYBF) has a ROIC % of -90.70% as of Dec. 2019. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Cyberfort Software and its competitors.
Is Cyberfort Software's ROIC % too high?
Cyberfort Software's current ROIC % is -90.70%.
How does Cyberfort Software's ROIC % compare to NTPY and CCIHY?
Cyberfort Software's ROIC % of -90.70% can be compared against companies in the Software industry. The industry median ROIC % is 3.15. 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 Software company?
The median ROIC % among Software companies is 3.15, based on 2,833 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 Cyberfort Software and its competitors. For the Software industry, the median ROIC % is 3.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cyberfort Software's current ROIC % is -90.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cyberfort Software stock overvalued right now?
Cyberfort Software (CYBF) has a current ROIC % of -90.70%. The current ROIC % is -90.70%. 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 Cyberfort Software (CYBF), the current ROIC % is -90.70% as of Dec. 2019. 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.

Cyberfort Software Business Description

Address 388 Market Street, Suite 1300, San Francisco, CA, USA, 94111
Cyberfort Software Inc is a cyber security technology company. The company specializes in the acquisition and development of cyber security, content filtering and advertising blocking technology. It intends to deal with the various cyber threats through protection technologies for mobile, personal, and business tech devices across various platforms. Cyberfort offers Vivio, an iOS 10 ad-blocking app that allows the user to experience the Web the way it is supposed to be, faster and cleaner, without compromising their online safety. Geographically operation of the group is carried out through United States.