SSUNF (SIGNA Sports United NV) ROIC %: -33.67% (As of Mar. 2023)


What is SIGNA Sports United NV ROIC %?

SIGNA Sports United NV SSUNF ROIC % is -33.67% as of Mar. 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 %. SIGNA Sports United NV's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2023 was -33.67%.

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


SIGNA Sports United NV  (OTCPK:SSUNF) 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, SIGNA Sports United NV's WACC % is 0.00%. SIGNA Sports United NV's ROIC % is 0.00% (calculated using TTM income statement data). SIGNA Sports United 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.


SIGNA Sports United NV ROIC % Related Terms


SIGNA Sports United NV ROIC % Historical Data

* Premium members only.

The historical data trend for SIGNA Sports United 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.

SIGNA Sports United NV ROIC % Chart

SIGNA Sports United NV Annual Data
Trend Sep19 Sep20 Sep21 Sep22
ROIC %
-6.47 -3.03 -5.86 -37.17

SIGNA Sports United NV Semi-Annual Data
Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
ROIC % Get a 7-Day Free Trial -2.37 -8.85 -44.02 -16.50 -33.67

SSUNF vs POL, GHST, SPEV: ROIC % Comparison

For the Specialty Retail subindustry, SIGNA Sports United 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.


SIGNA Sports United NV ROIC % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, SIGNA Sports United NV's ROIC % distribution charts can be found below:

* The bar in red indicates where SIGNA Sports United NV's ROIC % falls into.



SIGNA Sports United NV ROIC % Calculation

SIGNA Sports United NV's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Sep. 2022 is calculated as:

ROIC % (A: Sep. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Sep. 2021 ) + Invested Capital (A: Sep. 2022 ))/ count )
=-321.98 * ( 1 - 4.7% )/( (639.294 + 1011.882)/ 2 )
=-306.84694/825.588
=-37.17 %

where

Invested Capital(A: Sep. 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))
=1296.535 - 223.267 - ( 61.386 - max(0, 319.901 - 434.653+61.386))
=1011.882

SIGNA Sports United NV's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2023 is calculated as:

ROIC % (Q: Mar. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2022 ) + Invested Capital (Q: Mar. 2023 ))/ count )
=-362.312 * ( 1 - 1.63% )/( (1011.882 + 1104.925)/ 2 )
=-356.4063144/1058.4035
=-33.67 %

where

Invested Capital(Q: Sep. 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))
=1296.535 - 223.267 - ( 61.386 - max(0, 319.901 - 434.653+61.386))
=1011.882

Invested Capital(Q: Mar. 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))
=1337.152 - 175.91 - ( 56.317 - max(0, 306.745 - 416.06+56.317))
=1104.925

Note: The Operating Income data used here is two times the semi-annual (Mar. 2023) 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 -33.67% mean?
SIGNA Sports United NV (SSUNF) has a ROIC % of -33.67% as of Mar. 2023. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on SIGNA Sports United NV and its competitors.
Is SIGNA Sports United NV's ROIC % too high?
SIGNA Sports United NV's current ROIC % is -33.67%.
How does SIGNA Sports United NV's ROIC % compare to POL and GHST?
SIGNA Sports United NV's ROIC % of -33.67% can be compared against companies in the Retail - Cyclical industry. The industry median ROIC % is 4.37. 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 Retail - Cyclical company?
The median ROIC % among Retail - Cyclical companies is 4.37, based on 1,113 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 SIGNA Sports United NV and its competitors. For the Retail - Cyclical industry, the median ROIC % is 4.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SIGNA Sports United NV's current ROIC % is -33.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SIGNA Sports United NV stock overvalued right now?
SIGNA Sports United NV (SSUNF) has a current ROIC % of -33.67%. The current ROIC % is -33.67%. 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 SIGNA Sports United NV (SSUNF), the current ROIC % is -33.67% as of Mar. 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.

SIGNA Sports United NV Business Description

Address Kantstrasse 164, Upper West, Berlin, DEU, 10623
SIGNA Sports United NV is a group of specialist sports webshops powered by its sports commerce and technology platform. The company's segment includes Tennis; Bike and Outdoor and Teamsport. It generates maximum revenue from the Bike and Outdoor segment. Geographically, it derives a majority of revenue from Germany.