WBBA (WB Burgers Asia) ROIC %: -84.02% (As of Apr. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is WB Burgers Asia ROIC %?

WB Burgers Asia WBBA ROIC % is -84.02% as of Apr. 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 %. WB Burgers Asia's annualized return on invested capital (ROIC %) for the quarter that ended in Apr. 2024 was -84.02%.

As of today (2026-08-07), WB Burgers Asia's WACC % is 0.00%. WB Burgers Asia's ROIC % is 0.00% (calculated using TTM income statement data). WB Burgers Asia earns returns that do not match up to its cost of capital. It will destroy value as it grows.


WB Burgers Asia  (OTCPK:WBBA) 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, WB Burgers Asia's WACC % is 0.00%. WB Burgers Asia's ROIC % is 0.00% (calculated using TTM income statement data). WB Burgers Asia 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.


WB Burgers Asia ROIC % Related Terms


WB Burgers Asia ROIC % Historical Data

* Premium members only.

The historical data trend for WB Burgers Asia'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.

WB Burgers Asia ROIC % Chart

WB Burgers Asia Annual Data
Trend Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jul20 Jul21 Jul22 Jul23
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,039.88 0.00 -3.87 -38.71 -161.07

WB Burgers Asia Quarterly Data
Sep07 Dec07 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 -34.56 -360.20 -106.93 -77.83 -84.02

WBBA vs MCD, SBUX, CMG: ROIC % Comparison

For the Restaurants subindustry, WB Burgers Asia'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.


WB Burgers Asia ROIC % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, WB Burgers Asia's ROIC % distribution charts can be found below:

* The bar in red indicates where WB Burgers Asia's ROIC % falls into.



WB Burgers Asia ROIC % Calculation

WB Burgers Asia's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Jul. 2023 is calculated as:

ROIC % (A: Jul. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Jul. 2022 ) + Invested Capital (A: Jul. 2023 ))/ count )
=-4.071 * ( 1 - 0% )/( (3.897 + 1.158)/ 2 )
=-4.071/2.5275
=-161.07 %

where

WB Burgers Asia's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Apr. 2024 is calculated as:

ROIC % (Q: Apr. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2024 ) + Invested Capital (Q: Apr. 2024 ))/ count )
=-1.212 * ( 1 - 0% )/( (1.544 + 1.341)/ 2 )
=-1.212/1.4425
=-84.02 %

where

Note: The Operating Income data used here is four times the quarterly (Apr. 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 -84.02% mean?
WB Burgers Asia (WBBA) has a ROIC % of -84.02% as of Apr. 2024. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on WB Burgers Asia and its competitors.
Is WB Burgers Asia's ROIC % too high?
WB Burgers Asia's current ROIC % is -84.02%.
How does WB Burgers Asia's ROIC % compare to MCD and SBUX?
WB Burgers Asia's ROIC % of -84.02% can be compared against companies in the Restaurants industry. The industry median ROIC % is 4.05. 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 Restaurants company?
The median ROIC % among Restaurants companies is 4.05, based on 361 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 WB Burgers Asia and its competitors. For the Restaurants industry, the median ROIC % is 4.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WB Burgers Asia's current ROIC % is -84.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WB Burgers Asia stock overvalued right now?
WB Burgers Asia (WBBA) has a current ROIC % of -84.02%. The current ROIC % is -84.02%. 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 WB Burgers Asia (WBBA), the current ROIC % is -84.02% as of Apr. 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.

WB Burgers Asia Business Description

Address 3F K’s Minamiaoyama, 6-6-20 Minamiaoyama, Minato-ku, Tokyo, JPN, 107-0062
WB Burgers Asia Inc establishes and operates Wayback Burgers restaurants in Japan.