KLYG (Kelyniam Global) ROIC %: -269.77% (As of Mar. 2008)

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 Kelyniam Global ROIC %?

Kelyniam Global KLYG +4.82% ROIC % is -269.77% as of Mar. 2008.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Kelyniam Global's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2008 was -269.77%.

As of today (2026-07-28), Kelyniam Global's WACC % is 0.00%. Kelyniam Global's ROIC % is 0.00% (calculated using TTM income statement data). Kelyniam Global earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Kelyniam Global  (OTCPK:KLYG) 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, Kelyniam Global's WACC % is 0.00%. Kelyniam Global's ROIC % is 0.00% (calculated using TTM income statement data). Kelyniam Global 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.


Kelyniam Global ROIC % Related Terms


Kelyniam Global ROIC % Historical Data

* Premium members only.

The historical data trend for Kelyniam Global'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.

Kelyniam Global ROIC % Chart

Kelyniam Global Annual Data
Trend Dec06 Dec07
ROIC %
-68.70 -168.78

Kelyniam Global Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08
ROIC % Get a 7-Day Free Trial 18.18 219.61 -36.73 -945.45 -269.77

KLYG vs VASO, WCUI, MODD: ROIC % Comparison

For the Medical Devices subindustry, Kelyniam Global'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.


Kelyniam Global ROIC % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Kelyniam Global's ROIC % distribution charts can be found below:

* The bar in red indicates where Kelyniam Global's ROIC % falls into.



Kelyniam Global ROIC % Calculation

Kelyniam Global's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2007 is calculated as:

ROIC % (A: Dec. 2007 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2006 ) + Invested Capital (A: Dec. 2007 ))/ count )
=-0.173 * ( 1 - 0% )/( (0.115 + 0.09)/ 2 )
=-0.173/0.1025
=-168.78 %

where

Kelyniam Global's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2008 is calculated as:

ROIC % (Q: Mar. 2008 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2007 ) + Invested Capital (Q: Mar. 2008 ))/ count )
=-0.232 * ( 1 - 0% )/( (0.09 + 0.082)/ 2 )
=-0.232/0.086
=-269.77 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2008) 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 -269.77% mean?
Kelyniam Global (KLYG) has a ROIC % of -269.77% as of Mar. 2008. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Kelyniam Global and its competitors.
Is Kelyniam Global's ROIC % too high?
Kelyniam Global's current ROIC % is -269.77%.
How does Kelyniam Global's ROIC % compare to VASO and WCUI?
Kelyniam Global's ROIC % of -269.77% can be compared against companies in the Medical Devices & Instruments industry. The industry median ROIC % is 1.28. 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 Medical Devices & Instruments company?
The median ROIC % among Medical Devices & Instruments companies is 1.28, based on 846 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 Kelyniam Global and its competitors. For the Medical Devices & Instruments industry, the median ROIC % is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kelyniam Global's current ROIC % is -269.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kelyniam Global stock overvalued right now?
Kelyniam Global (KLYG) has a current ROIC % of -269.77%. The current ROIC % is -269.77%. 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 Kelyniam Global (KLYG), the current ROIC % is -269.77% as of Mar. 2008. 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.

Kelyniam Global Business Description

Address 97 River Road, Suite A, Canton, CT, USA, 06019
Kelyniam Global Inc specializes in the rapid production of custom prosthetic cranial implants utilizing computer-aided design and computer aided manufacturing of developed medical grade polymers. The Company develops, manufactures, and distributes custom cranial and maxilla-facial implants for patients requiring the reconstruction of cranial and certain facial structures. The Company's business operations consist of regulatory approvals, manufacturing operations and distribution to customers and markets in the United States.