ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Qev NV's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2022 was -1.46%.
As of today (2026-06-26), Qev NV's WACC % is 0.00%. Qev NV's ROIC % is 0.00% (calculated using TTM income statement data).
Qev NV earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Qev NV (FRA:7IO) 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, Qev NV's WACC % is 0.00%. Qev NV's ROIC % is 0.00% (calculated using TTM income statement data).
Qev NV 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.
Qev NV ROIC % Related Terms
Qev NV ROIC % Historical Data
* Premium members only.
The historical data trend for Qev NV'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.
Qev NV ROIC % Chart
Qev NV Annual Data
Trend
Dec21
Dec22
ROIC %
-0.43
-0.90
Qev NV Semi-Annual Data
Jun21
Dec21
Jun22
Dec22
ROIC %
0.00
-0.07
-0.34
-1.46
FRA:7IO vs TSLA, STLA, F: ROIC % Comparison
For the Auto Manufacturers subindustry, Qev NV'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.
Qev NV ROIC % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Qev NV's ROIC % distribution charts can be found below:
* The bar in red indicates where Qev NV's ROIC % falls into.
Note:
The Operating Income data used here is two times the semi-annual (Dec. 2022) 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.
Qev NV (FRA:7IO) has a ROIC % of -1.46% as of Dec. 2022. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Qev NV and its competitors.
Is Qev NV's ROIC % too high?
Qev NV's current ROIC % is -1.46%. Overall, Qev NV has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Qev NV's ROIC % compare to TSLA and STLA?
Qev NV's ROIC % of -1.46% can be compared against companies in the Vehicles & Parts industry. The industry median ROIC % is 5.07. 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 Vehicles & Parts company?
The median ROIC % among Vehicles & Parts companies is 5.07, based on 1,316 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 Qev NV and its competitors. For the Vehicles & Parts industry, the median ROIC % is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qev NV's current ROIC % is -1.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qev NV stock overvalued right now?
Qev NV (FRA:7IO) has a current ROIC % of -1.46%. The current ROIC % is -1.46%. Qev NV's overall GF Score™ is 19/100. 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 Qev NV (FRA:7IO), the current ROIC % is -1.46% as of Dec. 2022. 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.
Qev NV designs, develops, manufactures, and sells electric light commercial vehicles and electric buses, as well as offering aftersales and maintenance services, and has further business lines related to electric motorsport. It sells its electric vans, trucks and buses primarily to businesses and public transport companies seeking to establish or grow their electric fleets, and is focused on serving the urban mobility and last-mile delivery markets. Under the ZEROID brand, QEV Technologies offers a zero-emission fleet that includes multiple electric van models, delivery trucks, and electric and hydrogen platforms for buses.
19GF Score
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