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.
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.
ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Schultze Special Purpose Acquisition II's annualized return on invested capital (ROIC %) for the quarter that ended in Jun. 2023 was -0.52%.
Schultze Special Purpose Acquisition II (NAS:SAMAW) 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, Schultze Special Purpose Acquisition II's WACC % is 10.11%. Schultze Special Purpose Acquisition II's ROIC % is -0.77% (calculated using TTM income statement data).
Schultze Special Purpose Acquisition II 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.
Schultze Special Purpose Acquisition II ROIC % Related Terms
Schultze Special Purpose Acquisition II ROIC % Historical Data
* 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.
Schultze Special Purpose Acquisition II ROIC % Chart
Schultze Special Purpose Acquisition II Annual Data
Trend
Dec21
Dec22
ROIC %
-0.42
-1.86
Schultze Special Purpose Acquisition II Quarterly Data
For the Shell Companies subindustry, Schultze Special Purpose Acquisition II'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.
Schultze Special Purpose Acquisition II ROIC % vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Schultze Special Purpose Acquisition II's ROIC % distribution charts can be found below:
* The bar in red indicates where Schultze Special Purpose Acquisition II's ROIC % falls into.
Note:
The Operating Income data used here is four times the quarterly (Jun. 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.
Schultze Special Purpose Acquisition II (SAMAW) has a ROIC % of -0.52% as of Jun. 2023. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Schultze Special Purpose Acquisition II and its competitors.
Is Schultze Special Purpose Acquisition II's ROIC % too high?
Schultze Special Purpose Acquisition II's current ROIC % is -0.52%. Overall, Schultze Special Purpose Acquisition II has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Schultze Special Purpose Acquisition II's ROIC % compare to BRD and LCA?
Schultze Special Purpose Acquisition II's ROIC % of -0.52% 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 Schultze Special Purpose Acquisition II and its competitors. Schultze Special Purpose Acquisition II's current ROIC % is -0.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Schultze Special Purpose Acquisition II stock overvalued right now?
Schultze Special Purpose Acquisition II (SAMAW) has a current ROIC % of -0.52%. The current ROIC % is -0.52%. Schultze Special Purpose Acquisition II's overall GF Score™ is 24/100. 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 Schultze Special Purpose Acquisition II (SAMAW), the current ROIC % is -0.52% as of Jun. 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SAMAW has been successfully added to your 
