GTPAW (Gores Technology Partners) ROIC %: -0.60% (As of Sep. 2022)

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GTPAW Gores Technology Partners Inc GTPAW
22 GF Score
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What is Gores Technology Partners ROIC %?

Gores Technology Partners GTPAW 22 ROIC % is -0.60% as of Sep. 2022. GuruFocus rates GTPAW with a GF Score™ of 22/100. The stock has 1 warning sign investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Gores Technology Partners's annualized return on invested capital (ROIC %) for the quarter that ended in Sep. 2022 was -0.60%.

As of today (2026-09-09), Gores Technology Partners's WACC % is 10.51%. Gores Technology Partners's ROIC % is -0.93% (calculated using TTM income statement data). Gores Technology Partners earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Gores Technology Partners  (NAS:GTPAW) 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, Gores Technology Partners's WACC % is 10.51%. Gores Technology Partners's ROIC % is -0.93% (calculated using TTM income statement data). Gores Technology Partners 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.


Gores Technology Partners ROIC % Related Terms


Gores Technology Partners ROIC % Historical Data

* Premium members only.

The historical data trend for Gores Technology Partners'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.

Gores Technology Partners ROIC % Chart

Gores Technology Partners Annual Data
Trend Dec20 Dec21
ROIC %
0.00 -0.77

Gores Technology Partners Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
ROIC % Get a 7-Day Free Trial -0.55 -1.71 -0.72 -0.66 -0.60

GTPAW vs FTVI, CNDA, PICC: ROIC % Comparison

For the Shell Companies subindustry, Gores Technology Partners'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.


Gores Technology Partners ROIC % vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Gores Technology Partners's ROIC % distribution charts can be found below:

* The bar in red indicates where Gores Technology Partners's ROIC % falls into.


GTPAW
22GF Score
Gores Technology Partners Inc GTPAW
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Gores Technology Partners ROIC % Calculation

Gores Technology Partners's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2021 is calculated as:

ROIC % (A: Dec. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2020 ) + Invested Capital (A: Dec. 2021 ))/ count )
=-2.232 * ( 1 - 0% )/( (0 + 288.131)/ 2 )
=-2.232/144.0655
=-1.55 %

where

Gores Technology Partners's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Sep. 2022 is calculated as:

ROIC % (Q: Sep. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2022 ) + Invested Capital (Q: Sep. 2022 ))/ count )
=-1.684 * ( 1 - 0% )/( (281.22 + 279.161)/ 2 )
=-1.684/280.1905
=-0.60 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2022) 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 -0.60% mean?
Gores Technology Partners (GTPAW) has a ROIC % of -0.60% as of Sep. 2022. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Gores Technology Partners and its competitors.
Is Gores Technology Partners' ROIC % too high?
Gores Technology Partners' current ROIC % is -0.60%. Overall, Gores Technology Partners has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Gores Technology Partners' ROIC % compare to FTVI and CNDA?
Gores Technology Partners' ROIC % of -0.60% 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 ROIC % for a Diversified Financial Services company?
A good ROIC % depends on the Diversified Financial Services industry context. 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 Gores Technology Partners and its competitors. Gores Technology Partners's current ROIC % is -0.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gores Technology Partners stock overvalued right now?
Gores Technology Partners (GTPAW) has a current ROIC % of -0.60%. The current ROIC % is -0.60%. Gores Technology Partners' overall GF Score™ is 22/100 with 1 warning sign to review. 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 Gores Technology Partners (GTPAW), the current ROIC % is -0.60% as of Sep. 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.

Gores Technology Partners Business Description

Address 6260 Lookout Road, Boulder, CO, USA, 80301
Gores Technology Partners Inc is a blank check company.
22GF Score

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