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Seers Technology Co (XKRX:458870) ROIC % : 8.76% (As of Dec. 2024)


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What is Seers Technology Co ROIC %?

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Seers Technology Co's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2024 was 8.76%.

As of today (2025-03-28), Seers Technology Co's WACC % is 8.77%. Seers Technology Co's ROIC % is -50.85% (calculated using TTM income statement data). Seers Technology Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Seers Technology Co ROIC % Historical Data

The historical data trend for Seers Technology Co'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.

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Seers Technology Co ROIC % Chart

Seers Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROIC %
Get a 7-Day Free Trial -74.85 -104.35 -99.61 -66.45 -51.74

Seers Technology Co Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
ROIC % Get a 7-Day Free Trial -54.01 -56.58 -61.28 -86.95 8.76

Competitive Comparison of Seers Technology Co's ROIC %

For the Medical Devices subindustry, Seers Technology Co'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.


Seers Technology Co's ROIC % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Seers Technology Co's ROIC % distribution charts can be found below:

* The bar in red indicates where Seers Technology Co's ROIC % falls into.


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Seers Technology Co ROIC % Calculation

Seers Technology Co'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 )
=-8681.501 * ( 1 - -1.06% )/( (17613.289 + 16301.935)/ 2 )
=-8773.5249106/16957.612
=-51.74 %

where

Invested Capital(A: Dec. 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))
=17146.656 - 391.439 - ( 4142.265 - max(0, 6728.866 - 5870.794+4142.265))
=17613.289

Invested Capital(A: Dec. 2024 )
=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))
=28083.739 - 980.774 - ( 10801.03 - max(0, 3879.869 - 16442.253+10801.03))
=16301.935

Seers Technology Co'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: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=1313.748 * ( 1 - 0% )/( (13702.509 + 16301.935)/ 2 )
=1313.748/15002.222
=8.76 %

where

Invested Capital(Q: Sep. 2024 )
=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))
=27526.469 - 738.836 - ( 14635.826 - max(0, 3676.246 - 16761.37+14635.826))
=13702.509

Invested Capital(Q: Dec. 2024 )
=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))
=28083.739 - 980.774 - ( 10801.03 - max(0, 3879.869 - 16442.253+10801.03))
=16301.935

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

* 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.


Seers Technology Co  (XKRX:458870) 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, Seers Technology Co's WACC % is 8.77%. Seers Technology Co's ROIC % is -50.85% (calculated using TTM income statement data).


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.


Seers Technology Co ROIC % Related Terms

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Seers Technology Co Business Description

Traded in Other Exchanges
N/A
Address
291-13, Dongbu-daero, Jinwi-myeon, Gyeonggi-do, Pyeongtaek-si, KOR
Seers Technology Co Ltd is a Company that provides diagnostic support services such as mobicare and patient monitoring service thync to domestic and foreign medical institutions based on IoMT (Internet of Medical Things) platform technology using bio-signal analysis artificial intelligence algorithms and wearable medical devices. Its main technology products, which utilize bio-signal analysis AI algorithms and wearable medical device-based platform technology, are diagnostic support solutions that can be used for disease diagnosis and prognosis management and provide feedback by monitoring and analyzing patients' bio-signals in real time. It is a patient monitoring solution and provides fee-based diagnostic monitoring services using certified medical devices.

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