Sirona Biochem (STU:ZSB) ROIC %: -192.90% (As of Jul. 2024)

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What is Sirona Biochem ROIC %?

Sirona Biochem STU:ZSB ROIC % is -192.90% as of Jul. 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 %. Sirona Biochem's annualized return on invested capital (ROIC %) for the quarter that ended in Jul. 2024 was -192.90%.

As of today (2026-08-05), Sirona Biochem's WACC % is 0.00%. Sirona Biochem's ROIC % is 0.00% (calculated using TTM income statement data). Sirona Biochem earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Sirona Biochem  (STU:ZSB) 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, Sirona Biochem's WACC % is 0.00%. Sirona Biochem's ROIC % is 0.00% (calculated using TTM income statement data). Sirona Biochem 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.


Sirona Biochem ROIC % Related Terms


Sirona Biochem ROIC % Historical Data

* Premium members only.

The historical data trend for Sirona Biochem'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.

Sirona Biochem ROIC % Chart

Sirona Biochem Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -473.53 -947.58 -672.89 -964.34 -448.31

Sirona Biochem Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 Premium Member Only Premium Member Only -1,064.82 -559.86 -365.83 -167.49 -192.90

STU:ZSB vs MTNB, TCRT, QLGN: ROIC % Comparison

For the Biotechnology subindustry, Sirona Biochem'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.


Sirona Biochem ROIC % vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Sirona Biochem's ROIC % distribution charts can be found below:

* The bar in red indicates where Sirona Biochem's ROIC % falls into.



Sirona Biochem ROIC % Calculation

Sirona Biochem's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Oct. 2023 is calculated as:

ROIC % (A: Oct. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Oct. 2022 ) + Invested Capital (A: Oct. 2023 ))/ count )
=-1.662 * ( 1 - 0.06% )/( (0.291 + 0.45)/ 2 )
=-1.6610028/0.3705
=-448.31 %

where

Sirona Biochem's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Jul. 2024 is calculated as:

ROIC % (Q: Jul. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2024 ) + Invested Capital (Q: Jul. 2024 ))/ count )
=-1.792 * ( 1 - 0% )/( (0.821 + 1.037)/ 2 )
=-1.792/0.929
=-192.90 %

where

Note: The Operating Income data used here is four times the quarterly (Jul. 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 -192.90% mean?
Sirona Biochem (STU:ZSB) has a ROIC % of -192.90% as of Jul. 2024. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Sirona Biochem and its competitors.
Is Sirona Biochem's ROIC % too high?
Sirona Biochem's current ROIC % is -192.90%.
How does Sirona Biochem's ROIC % compare to MTNB and TCRT?
Sirona Biochem's ROIC % of -192.90% can be compared against companies in the Biotechnology industry. 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 Biotechnology company?
A good ROIC % depends on the Biotechnology industry context. 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 Sirona Biochem and its competitors. Sirona Biochem's current ROIC % is -192.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sirona Biochem stock overvalued right now?
Sirona Biochem (STU:ZSB) has a current ROIC % of -192.90%. The current ROIC % is -192.90%. 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 Sirona Biochem (STU:ZSB), the current ROIC % is -192.90% as of Jul. 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.

Sirona Biochem Business Description

Address C/o WeWork, 595 Burrard Street, Vancouver, BC, CAN, V7X 1L4
Sirona Biochem Corp is a development stage biotechnology company. The principal activities of the company are the development of cosmetic and pharmaceutical active ingredients which are licensed to partners in exchange for upfront, milestone, and royalty payments. The company acts as a cosmetic ingredient and drug discovery company with a proprietary technology platform with a specialization in the stabilization of carbohydrate molecules. The company has a business presence in Canada and France.