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NNE (Nano Nuclear Energy) ROIC % : -551.15% (As of Jun. 2024)


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What is Nano Nuclear Energy ROIC %?

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Nano Nuclear Energy's annualized return on invested capital (ROIC %) for the quarter that ended in Jun. 2024 was -551.15%.

As of today (2024-10-31), Nano Nuclear Energy's WACC % is 10.25%. Nano Nuclear Energy's ROIC % is -541.05% (calculated using TTM income statement data). Nano Nuclear Energy earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Nano Nuclear Energy ROIC % Historical Data

The historical data trend for Nano Nuclear Energy'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.

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Nano Nuclear Energy ROIC % Chart

Nano Nuclear Energy Annual Data
Trend Sep22 Sep23
ROIC %
- -8,377.33

Nano Nuclear Energy Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
ROIC % Get a 7-Day Free Trial - -7,344.00 -5,264.39 -504.12 -551.15

Competitive Comparison of Nano Nuclear Energy's ROIC %

For the Specialty Industrial Machinery subindustry, Nano Nuclear Energy'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.


Nano Nuclear Energy's ROIC % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nano Nuclear Energy's ROIC % distribution charts can be found below:

* The bar in red indicates where Nano Nuclear Energy's ROIC % falls into.



Nano Nuclear Energy ROIC % Calculation

Nano Nuclear Energy'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 )
=-6.283 * ( 1 - 0% )/( (0 + 0.075)/ 2 )
=-6.283/0.0375
=-16,754.67 %

where

Nano Nuclear Energy'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 )
=-17.284 * ( 1 - 0% )/( (2.59 + 3.682)/ 2 )
=-17.284/3.136
=-551.15 %

where

Note: The Operating Income data used here is four times the quarterly (Jun. 2024) 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.


Nano Nuclear Energy  (NAS:NNE) 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, Nano Nuclear Energy's WACC % is 10.25%. Nano Nuclear Energy's ROIC % is -541.05% (calculated using TTM income statement data).


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.


Nano Nuclear Energy ROIC % Related Terms

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Nano Nuclear Energy Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
10 Times Square, 30th Floor, New York, NY, USA, 10018
Nano Nuclear Energy Inc is an early-stage nuclear energy company developing smaller, cheaper, and safer advanced portable clean energy solutions. It is focused on four business lines as part of development: Micro Nuclear Reactor Business is developing the next-generation nuclear microreactors, in particular ZEUS, a solid core battery reactor, and ODIN, a low-pressure salt coolant reactor. Fuel Fabrication Business, Fuel Transportation Business and Nuclear Consultation Services.

Nano Nuclear Energy Headlines

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