FIFG (First Foods Group) ROIC %: -27.94% (As of Sep. 2023)

What is First Foods Group ROIC %?

First Foods Group FIFG -99.50% ROIC % is -27.94% as of Sep. 2023.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. First Foods Group's annualized return on invested capital (ROIC %) for the quarter that ended in Sep. 2023 was -27.94%.

As of today (2026-06-25), First Foods Group's WACC % is 0.00%. First Foods Group's ROIC % is 0.00% (calculated using TTM income statement data). First Foods Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.

First Foods Group (OTCPK:FIFG) 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, First Foods Group's WACC % is 0.00%. First Foods Group's ROIC % is 0.00% (calculated using TTM income statement data). First Foods Group 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 %, 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.

First Foods Group ROIC % Related Terms

First Foods Group ROIC % Historical Data

* Premium members only.

The historical data trend for First Foods Group'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.

First Foods Group ROIC % Chart

First Foods Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROIC %

Get a 7-Day Free Trial

-347.04

-326.83

-123.57

-63.83

-43.97

First Foods Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROIC %	Get a 7-Day Free Trial															-44.16	-0.50	-44.09	-29.74	-27.94

FIFG vs BLIS, JFIL, FRTG: ROIC % Comparison

For the Specialty Business Services subindustry, First Foods Group'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.

First Foods Group ROIC % vs Business Services Industry

For the Business Services industry and Industrials sector, First Foods Group's ROIC % distribution charts can be found below:

* The bar in red indicates where First Foods Group's ROIC % falls into.

Save Embed

First Foods Group ROIC % Calculation

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

	ROIC % (A: Dec. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Dec. 2021 )	+	Invested Capital (A: Dec. 2022 ))	/ count )
=	-1.031 * ( 1 - 0% )	/	( (2.256	+	2.434)	/ 2 )
=	-1.031	/	2.345
=	-43.97 %

where

	Invested Capital		(A: Dec. 2021 )
=	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	))
=	0.512	-	1.792	-	( 0.006	-	max(0, 3.732	-	0.196	+	0.006	))
=	2.256

	Invested Capital		(A: Dec. 2022 )
=	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	))
=	0.054	-	2.63	-	( 0.001	-	max(0, 5.04	-	0.03	+	0.001	))
=	2.434

First Foods Group's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Sep. 2023 is calculated as:

	ROIC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-0.732 * ( 1 - 0% )	/	( (2.617	+	2.622)	/ 2 )
=	-0.732	/	2.6195
=	-27.94 %

where

	Invested Capital		(Q: Jun. 2023 )
=	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	))
=	0.056	-	2.895	-	( 0.002	-	max(0, 5.488	-	0.032	+	0.002	))
=	2.617

	Invested Capital		(Q: Sep. 2023 )
=	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	))
=	0.049	-	3.059	-	( 0.006	-	max(0, 5.657	-	0.025	+	0.006	))
=	2.622

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data. The tax rate is limited to between 0% and 100%.

Frequently Asked Questions Learn more about ROIC % →

What does a ROIC % of -27.94% mean?

First Foods Group (FIFG) has a ROIC % of -27.94% as of Sep. 2023. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on First Foods Group and its competitors.

Is First Foods Group's ROIC % too high?

First Foods Group's current ROIC % is -27.94%.

How does First Foods Group's ROIC % compare to BLIS and JFIL?

First Foods Group's ROIC % of -27.94% can be compared against companies in the Business Services industry. The industry median ROIC % is 5.92. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROIC % for a Business Services company?

The median ROIC % among Business Services companies is 5.92, based on 1,075 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % 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 ROIC % mean?

A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on First Foods Group and its competitors. For the Business Services industry, the median ROIC % is 5.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Foods Group's current ROIC % is -27.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is First Foods Group stock overvalued right now?

First Foods Group (FIFG) has a current ROIC % of -27.94%. The current ROIC % is -27.94%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROIC % calculated?

ROIC % is calculated from a company's financial statements. For First Foods Group (FIFG), the current ROIC % is -27.94% as of Sep. 2023. 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.

First Foods Group Business Description

Industry Industrials Business Services

Comparable Companies BLIS JFIL FRTG SMX ELVG ADMQ GPOX LSE:REL TSX:TRI CTAS CPRT XAMS:WKL GPN XPAR:SW LSE:RTO ASX:BXB TSX:RBA DLB LSE:ITRK TSE:7911

Address c/o Incorp Services, Inc, 3773 Howard Hughes Parkway, Suite 500S, Las Vegas, NV, USA, 89169-6014

Website https://www.firstfoodsgroup.com

First Foods Group Inc is a smaller reporting company focused on developing specialty chocolate product line and related IP through its Holy Cacao subsidiary. In addition, it is also involved in merchant cash advance participations. Key revenue is derived from merchant cash advance income. It is also involved in new health-related brands, concepts and products through FFGI Wholesaling Division and participating in merchant cash advances through First Foods Funding Division. The Company conducts business as two operating segments, First Foods and Holy Cacao.