HCNEW (Jaws Hurricane Acquisition) ROIC %: -0.46% (As of Mar. 2023)

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HCNEW Jaws Hurricane Acquisition Corp HCNEW
21 GF Score
Price $0.00
! 1 Warning Sign
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What is Jaws Hurricane Acquisition ROIC %?

Jaws Hurricane Acquisition HCNEW 21 ROIC % is -0.46% as of Mar. 2023. GuruFocus rates HCNEW with a GF Score™ of 21/100. 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 %. Jaws Hurricane Acquisition's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2023 was -0.46%.

As of today (2026-09-09), Jaws Hurricane Acquisition's WACC % is 10.13%. Jaws Hurricane Acquisition's ROIC % is -0.40% (calculated using TTM income statement data). Jaws Hurricane Acquisition earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Jaws Hurricane Acquisition  (NAS:HCNEW) 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, Jaws Hurricane Acquisition's WACC % is 10.13%. Jaws Hurricane Acquisition's ROIC % is -0.40% (calculated using TTM income statement data). Jaws Hurricane Acquisition 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.


Jaws Hurricane Acquisition ROIC % Related Terms


Jaws Hurricane Acquisition ROIC % Historical Data

* Premium members only.

The historical data trend for Jaws Hurricane Acquisition'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.

Jaws Hurricane Acquisition ROIC % Chart

Jaws Hurricane Acquisition Annual Data
Trend Dec21 Dec22
ROIC %
-0.31 -0.39

Jaws Hurricane Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
ROIC % Get a 7-Day Free Trial Premium Member Only -0.51 -0.54 -0.31 -0.25 -0.46

HCNEW vs SIER, ACTD, TWCB: ROIC % Comparison

For the Shell Companies subindustry, Jaws Hurricane Acquisition'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.


Jaws Hurricane Acquisition ROIC % vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Jaws Hurricane Acquisition's ROIC % distribution charts can be found below:

* The bar in red indicates where Jaws Hurricane Acquisition's ROIC % falls into.


HCNEW
21GF Score
Jaws Hurricane Acquisition Corp HCNEW
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Jaws Hurricane Acquisition ROIC % Calculation

Jaws Hurricane Acquisition's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2022 is calculated as:

ROIC % (A: Dec. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2021 ) + Invested Capital (A: Dec. 2022 ))/ count )
=-1.345 * ( 1 - 6.67% )/( (316.656 + 321.385)/ 2 )
=-1.2552885/319.0205
=-0.39 %

where

Jaws Hurricane Acquisition's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2023 is calculated as:

ROIC % (Q: Mar. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Mar. 2023 ))/ count )
=-1.98 * ( 1 - 24.59% )/( (321.385 + 324.079)/ 2 )
=-1.493118/322.732
=-0.46 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2023) 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 -0.46% mean?
Jaws Hurricane Acquisition (HCNEW) has a ROIC % of -0.46% as of Mar. 2023. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Jaws Hurricane Acquisition and its competitors.
Is Jaws Hurricane Acquisition's ROIC % too high?
Jaws Hurricane Acquisition's current ROIC % is -0.46%. Overall, Jaws Hurricane Acquisition has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Jaws Hurricane Acquisition's ROIC % compare to SIER and ACTD?
Jaws Hurricane Acquisition's ROIC % of -0.46% 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 Jaws Hurricane Acquisition and its competitors. Jaws Hurricane Acquisition's current ROIC % is -0.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jaws Hurricane Acquisition stock overvalued right now?
Jaws Hurricane Acquisition (HCNEW) has a current ROIC % of -0.46%. The current ROIC % is -0.46%. Jaws Hurricane Acquisition's overall GF Score™ is 21/100 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 Jaws Hurricane Acquisition (HCNEW), the current ROIC % is -0.46% as of Mar. 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.

Jaws Hurricane Acquisition Business Description

Address 1601 Washington Avenue, Suite 800, Miami Beach, FL, USA, 33139
Jaws Hurricane Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
21GF Score

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