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RetailMeNot (RetailMeNot) ROIC % : -4.00% (As of Mar. 2017)


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What is RetailMeNot 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 %. RetailMeNot's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2017 was -4.00%.

As of today (2024-04-25), RetailMeNot's WACC % is 0.00%. RetailMeNot's ROIC % is 0.00% (calculated using TTM income statement data). RetailMeNot earns returns that do not match up to its cost of capital. It will destroy value as it grows.


RetailMeNot ROIC % Historical Data

The historical data trend for RetailMeNot'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.

RetailMeNot ROIC % Chart

RetailMeNot Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
ROIC %
Get a 7-Day Free Trial 10.87 11.41 8.95 4.15 0.80

RetailMeNot Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 -1.04 -0.60 0.13 3.11 -4.00

Competitive Comparison of RetailMeNot's ROIC %

For the Internet Content & Information subindustry, RetailMeNot'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.


RetailMeNot's ROIC % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, RetailMeNot's ROIC % distribution charts can be found below:

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



RetailMeNot ROIC % Calculation

RetailMeNot's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2016 is calculated as:

ROIC % (A: Dec. 2016 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2015 ) + Invested Capital (A: Dec. 2016 ))/ count )
=8.674 * ( 1 - 70.57% )/( (311.742 + 330.005)/ 2 )
=2.5527582/320.8735
=0.80 %

where

Invested Capital(A: Dec. 2015 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=602.624 - 31.113 - ( 259.769 - max(0, 41.113 - 337.232+259.769))
=311.742

Invested Capital(A: Dec. 2016 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=582.007 - 35.144 - ( 216.858 - max(0, 45.144 - 303.296+216.858))
=330.005

RetailMeNot's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2017 is calculated as:

ROIC % (Q: Mar. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2016 ) + Invested Capital (Q: Mar. 2017 ))/ count )
=-12.08 * ( 1 - -7.69% )/( (330.005 + 321.082)/ 2 )
=-13.008952/325.5435
=-4.00 %

where

Invested Capital(Q: Dec. 2016 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=582.007 - 35.144 - ( 216.858 - max(0, 45.144 - 303.296+216.858))
=330.005

Invested Capital(Q: Mar. 2017 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=572.35 - 26.335 - ( 224.933 - max(0, 36.335 - 295.908+224.933))
=321.082

Note: The Operating Income data used here is four times the quarterly (Mar. 2017) 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.


RetailMeNot  (NAS:SALE) 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, RetailMeNot's WACC % is 0.00%. RetailMeNot's ROIC % is 0.00% (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.


RetailMeNot ROIC % Related Terms

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RetailMeNot (RetailMeNot) Business Description

Traded in Other Exchanges
N/A
Address
RetailMeNot Inc was formed in September 2007. The Company operates a digital savings destination connecting consumers with retailers, restaurants and brands, both online and in-store. Digital offers are offers, offer codes and brand or category specific discounts made available online or through mobile applications that are used by consumers to make online or in-store purchases directly from retailers. Digital offers can include coupons, sales, consumer tips, advertisements, discounted digital gift cards redeemable at retailers or cash-back rebates associated with the purchase of a product or a consumer action. The Company's websites, mobile applications, email newsletters and alerts and social media presence enable consumers to search for, discover and redeem hundreds of thousands of relevant digital offers from retailers and brands. Its marketplace features digital offers across multiple product categories, including clothing; electronics; health and beauty; home and office; travel, dining and entertainment; personal and business services; and shoes. The Company provides its retailers and brands access to consumer. Its product development approach is centered on building products that enable consumers to discover quality digital offers, virtually anytime and anywhere, and redeem them online or in-store. The Company's products and services for consumers are free of charge and available through its websites and mobile applications. The Company offers its consumers hundreds of thousands of digital offers from tens of thousands of retailers and brands across multiple product categories. Its mobile applications allow consumers to shop when and where consumer want. Consumers use the mobile applications to discover, store for use later and access the digital offers it wants and to redeem them both online and in-store. The consumers can browse top digital offers, popular stores and product category listings. The Company's mobile applications also allow users to share digital offers with others via email, text message or through social media channels. Its competitors include Goodsearch, bradsdeals, savings.com, Tech Bargains and Coupon Cabin, Groupon, Living Social, Coupons.com and PayPal. The Company's operations are subject to general business regulations and laws as well as regulations and laws specifically governing the Internet, e-commerce and mobile commerce, or m-commerce, in a number of jurisdictions around the world.
Executives
Thomas Aylor officer: Vice President, Finance 11305 FOUR POINTS DR, BUILDING II THIRD FLOOR, AUSTIN TX 78726
Di Valerio J Scott officer: Chief Financial Officer RETAILMENOT, INC., 301 CONGRESS AVENUE, SUITE 700, AUSTIN TX 78701
Jules A. Maltz director 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Brian Sharples director 1250 CAPITAL OF TX HWY, BLDG 2, PLAZA 1, AUSTIN TX 78746
Tamar Yehoshua director 301 CONGRESS AVE, STE 700, AUSTIN TX 78701
Gokul Rajaram director 301 CONGRESS AVENUE, SUITE 700, AUSTIN TX 78701
Greg J Santora director 4201 GRANT COURT, PLEASANTON CA 94566
Jeffrey Crowe director 525 UNIVERSITY AVENUE, SUITE 800, PALO ALTO CA 94301
Kenneth P Deangelis 10 percent owner 300 WEST SIXTH ST STE 2300, AUSTIN TX 78701
Av Partners X, L.p. 10 percent owner 300 W. 6TH STREET, SUITE 2300, AUSTIN TX 78701
Av Partners X, L.l.c. 10 percent owner 300 W. 6TH STREET, SUITE 2300, AUSTIN TX 78701
Austin Ventures X Lp 10 percent owner 300 WEST 6TH STREET, SUITE 2300, AUSTIN TX 78701
Av Partners Ix Llc 10 percent owner C/O AUSTIN VENTURES, 300 WEST 6TH STREET, SUITE 2300, AUSTIN TX 78701
Av Partners Ix Lp 10 percent owner C/O AUSTIN VENTURES, 300 WEST 6TH STREET, SUITE 2300, AUSTIN TX 78701
Austin Ventures Ix Lp 10 percent owner C/O AUSTIN VENTURES, 300 WEST 6TH STREET, SUITE 2300, AUSTIN TX 78701