VSOLF (Three Sixty Solar) ROIC %: -297.18% (As of Jun. 2024)


What is Three Sixty Solar ROIC %?

Three Sixty Solar VSOLF -99.42% ROIC % is -297.18% as of Jun. 2024.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Three Sixty Solar's annualized return on invested capital (ROIC %) for the quarter that ended in Jun. 2024 was -297.18%.

As of today (2026-06-25), Three Sixty Solar's WACC % is 0.00%. Three Sixty Solar's ROIC % is 0.00% (calculated using TTM income statement data). Three Sixty Solar earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Three Sixty Solar  (OTCPK:VSOLF) 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, Three Sixty Solar's WACC % is 0.00%. Three Sixty Solar's ROIC % is 0.00% (calculated using TTM income statement data). Three Sixty Solar 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.


Three Sixty Solar ROIC % Related Terms


Three Sixty Solar ROIC % Historical Data

* Premium members only.

The historical data trend for Three Sixty Solar'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.

Three Sixty Solar ROIC % Chart

Three Sixty Solar Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Sep22 Sep23
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -528.51 -440.30 -970.94 -686.67 -2,050.15

Three Sixty Solar Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -695.73 -934.90 -377.58 -518.31 -297.18

VSOLF vs FSLR, NXT, ENPH: ROIC % Comparison

For the Solar subindustry, Three Sixty Solar'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.


Three Sixty Solar ROIC % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Three Sixty Solar's ROIC % distribution charts can be found below:

* The bar in red indicates where Three Sixty Solar's ROIC % falls into.



Three Sixty Solar ROIC % Calculation

Three Sixty Solar's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Sep. 2023 is calculated as:

ROIC % (A: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Sep. 2022 ) + Invested Capital (A: Sep. 2023 ))/ count )
=-6.868 * ( 1 - 0% )/( (0.356 + 0.314)/ 2 )
=-6.868/0.335
=-2,050.15 %

where

Three Sixty Solar's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Jun. 2024 is calculated as:

ROIC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-1 * ( 1 - 0% )/( (0.346 + 0.327)/ 2 )
=-1/0.3365
=-297.18 %

where

Note: The Operating Income data used here is four times the quarterly (Jun. 2024) 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 -297.18% mean?
Three Sixty Solar (VSOLF) has a ROIC % of -297.18% as of Jun. 2024. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Three Sixty Solar and its competitors.
Is Three Sixty Solar's ROIC % too high?
Three Sixty Solar's current ROIC % is -297.18%.
How does Three Sixty Solar's ROIC % compare to FSLR and NXT?
Three Sixty Solar's ROIC % of -297.18% can be compared against companies in the Semiconductors industry. The industry median ROIC % is 3.74. 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 Semiconductors company?
The median ROIC % among Semiconductors companies is 3.74, based on 1,012 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 Three Sixty Solar and its competitors. For the Semiconductors industry, the median ROIC % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Three Sixty Solar's current ROIC % is -297.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Three Sixty Solar stock overvalued right now?
Three Sixty Solar (VSOLF) has a current ROIC % of -297.18%. The current ROIC % is -297.18%. 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 Three Sixty Solar (VSOLF), the current ROIC % is -297.18% as of Jun. 2024. 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.

Three Sixty Solar Business Description

Address 408 - 55 Water Street, Office 8312, Vancouver, BC, CAN, V6B 1A1
Three Sixty Solar Ltd is engaged in designing and developing vertical solar towers to provide a range of energy solutions for small commercial projects up to large utility-scale solar farms.