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Visiber57 (OTCPK:VCOR) ROIC %

: 0.00% (As of Feb. 2023)
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ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Visiber57's annualized return on invested capital (ROIC %) for the quarter that ended in Feb. 2023 was 0.00%.

As of today (2024-02-23), Visiber57's WACC % is 0.86%. Visiber57's ROIC % is 0.00% (calculated using TTM income statement data). Visiber57 earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Visiber57 ROIC % Historical Data

The historical data trend for Visiber57'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.

Visiber57 Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
ROIC %
Premium Member Only Premium Member Only Premium Member Only - - - - -

Visiber57 Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
ROIC % 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the Shell Companies subindustry, Visiber57'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.


Visiber57 ROIC % Distribution

For the Diversified Financial Services industry and Financial Services sector, Visiber57's ROIC % distribution charts can be found below:

* The bar in red indicates where Visiber57's ROIC % falls into.



Visiber57 ROIC % Calculation

Visiber57's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Aug. 2022 is calculated as:

ROIC % (A: Aug. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Aug. 2021 ) + Invested Capital (A: Aug. 2022 ))/ count )
=-0.045 * ( 1 - 0% )/( (0 + 0)/ 2 )
=-0.045/0
= %

where

Visiber57's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Feb. 2023 is calculated as:

ROIC % (Q: Feb. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2022 ) + Invested Capital (Q: Feb. 2023 ))/ count )
=-0.072 * ( 1 - 0% )/( (0 + 0)/ 2 )
=-0.072/0
= %

where

Note: The Operating Income data used here is four times the quarterly (Feb. 2023) 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.


Visiber57  (OTCPK:VCOR) 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, Visiber57's WACC % is 0.86%. Visiber57'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.


Visiber57 ROIC % Related Terms

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Visiber57 (OTCPK:VCOR) Business Description

Traded in Other Exchanges
N/A
Address
Yanping North Road, No. 104-2F, Section 1, Datong District, Taipei, TWN, 10341
Visiber57 Corp is a shell company.
Executives
Chip Jin Eng officer: Chief Financial Officer UNIT B19, 9/F, EFFICIENCY HOUSE, 35 TAI YAU ST, SAN PO KONG, KOWLOON K3 00000
Choong Jeng Hew director, 10 percent owner, officer: CEO & President UNIT B19, 9/F, EFFICIENCY HOUSE, 35 TAI YAU ST, SAN PO KONG, KOWLOON K3 0000000
57 Society International Ltd 10 percent owner UNIT B19, 9/F EFFICIENCY HOUSE, 35 TAI YAU STREET, SAN PO KONG, KOWLOON K3 00000

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