Rentunder Holding AB (NGM:RENT) ROIC %: -56.68% (As of Dec. 2024)


What is Rentunder Holding AB ROIC %?

Rentunder Holding AB NGM:RENT ROIC % is -56.68% as of Dec. 2024.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Rentunder Holding AB's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2024 was -56.68%.

As of today (2026-06-27), Rentunder Holding AB's WACC % is 0.00%. Rentunder Holding AB's ROIC % is 0.00% (calculated using TTM income statement data). Rentunder Holding AB earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Rentunder Holding AB  (NGM:RENT) 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, Rentunder Holding AB's WACC % is 0.00%. Rentunder Holding AB's ROIC % is 0.00% (calculated using TTM income statement data). Rentunder Holding 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 %, 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.


Rentunder Holding AB ROIC % Related Terms


Rentunder Holding AB ROIC % Historical Data

* Premium members only.

The historical data trend for Rentunder Holding AB'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.

Rentunder Holding AB ROIC % Chart

Rentunder Holding AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROIC %
Get a 7-Day Free Trial Premium Member Only -66.46 -15.43 -31.31 15.31 -55.37

Rentunder Holding AB Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -35.68 -45.78 79.11 -47.52 -56.68

NGM:RENT vs VLTO, ZWS, FSS: ROIC % Comparison

For the Pollution & Treatment Controls subindustry, Rentunder Holding AB'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.


Rentunder Holding AB ROIC % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rentunder Holding AB's ROIC % distribution charts can be found below:

* The bar in red indicates where Rentunder Holding AB's ROIC % falls into.



Rentunder Holding AB ROIC % Calculation

Rentunder Holding AB's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2024 is calculated as:

ROIC % (A: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2023 ) + Invested Capital (A: Dec. 2024 ))/ count )
=-3.382 * ( 1 - 0% )/( (6.168 + 6.049)/ 2 )
=-3.382/6.1085
=-55.37 %

where

Rentunder Holding AB's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2024 is calculated as:

ROIC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=-3.664 * ( 1 - 0% )/( (6.88 + 6.049)/ 2 )
=-3.664/6.4645
=-56.68 %

where

Note: The Operating Income data used here is two times the semi-annual (Dec. 2024) 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 ROIC % →
What does a ROIC % of -56.68% mean?
Rentunder Holding AB (NGM:RENT) has a ROIC % of -56.68% as of Dec. 2024. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Rentunder Holding AB and its competitors.
Is Rentunder Holding AB's ROIC % too high?
Rentunder Holding AB's current ROIC % is -56.68%.
How does Rentunder Holding AB's ROIC % compare to VLTO and ZWS?
Rentunder Holding AB's ROIC % of -56.68% can be compared against companies in the Industrial Products industry. The industry median ROIC % is 5.23. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for an Industrial Products company?
The median ROIC % among Industrial Products companies is 5.23, based on 3,040 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 Rentunder Holding AB and its competitors. For the Industrial Products industry, the median ROIC % is 5.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rentunder Holding AB's current ROIC % is -56.68%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rentunder Holding AB stock overvalued right now?
Rentunder Holding AB (NGM:RENT) has a current ROIC % of -56.68%. The current ROIC % is -56.68%. 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 Rentunder Holding AB (NGM:RENT), the current ROIC % is -56.68% as of Dec. 2024. 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.

Rentunder Holding AB Business Description

Address Gammelbygatan 18, Osthammar, SWE, 742 34
Rentunder Holding AB manufactures and sells mobile boat bottom washers. It offers stationary boat washers for motor and sailing boats up to 12, 14 and 16 meters in length and a mobile boat bottom wash for motor boats up to 8 meters.