Thinc Collective AB (NGM:THINC) ROC %: -0.30% (As of Mar. 2026)


NGM:THINC Thinc Collective AB NGM:THINC
27 GF Score
Price kr2.08
! 6 Warning Signs
View Full Analysis

What is Thinc Collective AB ROC %?

Thinc Collective AB NGM:THINC -6.73% 27 ROC % is -0.30% as of Mar. 2026. GuruFocus rates NGM:THINC with a GF Score™ of 27/100. The stock has 6 warning signs investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Thinc Collective AB's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was -0.30%.

As of today (2026-06-26), Thinc Collective AB's WACC % is 7.08%. Thinc Collective AB's ROC % is 1.57% (calculated using TTM income statement data). Thinc Collective AB earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Thinc Collective AB  (NGM:THINC) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. 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 ROC % 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, Thinc Collective AB's WACC % is 7.08%. Thinc Collective AB's ROC % is 1.57% (calculated using TTM income statement data). Thinc Collective AB 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 %, ROC % 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.

Thinc Collective AB ROC % Related Terms

Thinc Collective AB ROC % Historical Data

* Premium members only.

The historical data trend for Thinc Collective AB's ROC % 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.

Thinc Collective AB ROC % Chart

Thinc Collective AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
Get a 7-Day Free Trial Premium Member Only -0.77 -16.70 5.12 0.00 1.24

Thinc Collective AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC % 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 -0.38 6.50 -4.79 6.60 -0.30
NGM:THINC
27GF Score
Thinc Collective AB NGM:THINC
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thinc Collective AB ROC % Calculation

Thinc Collective AB's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=2.609 * ( 1 - 26.06% )/( (154.889 + 155.382)/ 2 )
=1.9290946/155.1355
=1.24 %

where

Invested Capital(A: Dec. 2024 )
=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))
=159.238 - 30.218 - ( 10.168 - max(0, 95.635 - 69.766+10.168))
=154.889

Invested Capital(A: Dec. 2025 )
=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))
=156.072 - 26.747 - ( 4.403 - max(0, 90.263 - 64.206+4.403))
=155.382

Thinc Collective AB's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-0.736 * ( 1 - 35.99% )/( (155.382 + 159.893)/ 2 )
=-0.4711136/157.6375
=-0.30 %

where

Invested Capital(Q: Dec. 2025 )
=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))
=156.072 - 26.747 - ( 4.403 - max(0, 90.263 - 64.206+4.403))
=155.382

Invested Capital(Q: Mar. 2026 )
=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))
=159.426 - 26.99 - ( 4.97 - max(0, 96.077 - 68.62+4.97))
=159.893

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) 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 ROC % →
What does a ROC % of -0.30% mean?
Thinc Collective AB (NGM:THINC) has a ROC % of -0.30% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Thinc Collective AB and its competitors.
Is Thinc Collective AB's ROC % too high?
Thinc Collective AB's current ROC % is -0.30%. Overall, Thinc Collective AB has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Thinc Collective AB's ROC % compare to APP and OMC?
Thinc Collective AB's ROC % of -0.30% can be compared against companies in the Media - Diversified industry. The industry median ROC % is 1.41. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Media - Diversified company?
The median ROC % among Media - Diversified companies is 1.41, based on 1,016 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % 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 ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Thinc Collective AB and its competitors. For the Media - Diversified industry, the median ROC % is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thinc Collective AB's current ROC % is -0.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinc Collective AB stock overvalued right now?
Thinc Collective AB (NGM:THINC) has a current ROC % of -0.30%. The current ROC % is -0.30%. Thinc Collective AB's overall GF Score™ is 27/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Thinc Collective AB (NGM:THINC), the current ROC % is -0.30% as of Mar. 2026. 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.

Thinc Collective AB Business Description

Address Sodra Hamngatan 35, Gothenburg, SWE, 411 10
Thinc Collective AB is a Swedish software as a service company that develops event management systems. The group offers a group of companies within systems, communication and structure. The companies thinks up and implements ideas for its customers. Its areas of expertise range from data, analysis, technology development, SaaS systems for communication, media, PR, brand experience and financial information. The group targets customers regardless of industry with a need for coherent communication. Thinc Collective operates within the Nordic region.
27GF Score

Get the complete analysis for NGM:THINC

ROC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr2.08
Price