GURUFOCUS.COM » STOCK LIST » Technology » Software » Sekur Private Data Ltd (OTCPK:SWISF) » Definitions » ROIC %

Sekur Private Data (Sekur Private Data) ROIC % : -235.24% (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Sekur Private Data 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 %. Sekur Private Data's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2024 was -235.24%.

As of today (2024-06-06), Sekur Private Data's WACC % is 3.52%. Sekur Private Data's ROIC % is -172.43% (calculated using TTM income statement data). Sekur Private Data earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Sekur Private Data ROIC % Historical Data

The historical data trend for Sekur Private Data'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.

* Premium members only.

Sekur Private Data ROIC % Chart

Sekur Private Data Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROIC %
Get a 7-Day Free Trial -44.64 -52.05 -287.49 -260.56 -622.16

Sekur Private Data Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -244.95 -92.67 -245.70 -141.16 -235.24

Competitive Comparison of Sekur Private Data's ROIC %

For the Software - Application subindustry, Sekur Private Data'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.


Sekur Private Data's ROIC % Distribution in the Software Industry

For the Software industry and Technology sector, Sekur Private Data's ROIC % distribution charts can be found below:

* The bar in red indicates where Sekur Private Data's ROIC % falls into.



Sekur Private Data ROIC % Calculation

Sekur Private Data's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2023 is calculated as:

ROIC % (A: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2022 ) + Invested Capital (A: Dec. 2023 ))/ count )
=-3.453 * ( 1 - 0% )/( (0.634 + 0.476)/ 2 )
=-3.453/0.555
=-622.16 %

where

Sekur Private Data's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2024 is calculated as:

ROIC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-1.028 * ( 1 - 0% )/( (0.476 + 0.398)/ 2 )
=-1.028/0.437
=-235.24 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 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.


Sekur Private Data  (OTCPK:SWISF) 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, Sekur Private Data's WACC % is 3.52%. Sekur Private Data's ROIC % is -172.43% (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.


Sekur Private Data ROIC % Related Terms

Thank you for viewing the detailed overview of Sekur Private Data's ROIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sekur Private Data (Sekur Private Data) Business Description

Traded in Other Exchanges
Address
100 King Street West, Suite 5600, First Canadian Place, Toronto, ON, CAN, M5X 1C9
Sekur Private Data Ltd is a software company. It is a distributor and license holder of secure cloud-based storage, document management, encrypted emails, and secure communication tools. The products of the company include Digital Safe, Priva Talk, and Sekur. The company sells the products through resellers and other distribution channels such as managed service providers, Internet service providers, and telecommunication companies.

Sekur Private Data (Sekur Private Data) Headlines

From GuruFocus