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The Naga Group AG (XTER:N4G) ROIC % : -7.30% (As of Jun. 2024)


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What is The Naga Group AG 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 %. The Naga Group AG's annualized return on invested capital (ROIC %) for the quarter that ended in Jun. 2024 was -7.30%.

As of today (2024-12-12), The Naga Group AG's WACC % is 17.29%. The Naga Group AG's ROIC % is -1.93% (calculated using TTM income statement data). The Naga Group AG earns returns that do not match up to its cost of capital. It will destroy value as it grows.


The Naga Group AG ROIC % Historical Data

The historical data trend for The Naga Group AG'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.

* Premium members only.

The Naga Group AG ROIC % Chart

The Naga Group AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROIC %
Get a 7-Day Free Trial Premium Member Only -10.32 0.57 -6.58 -11.79 -0.41

The Naga Group AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -6.18 -17.46 -1.67 1.50 -7.30

Competitive Comparison of The Naga Group AG's ROIC %

For the Capital Markets subindustry, The Naga Group AG'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.


The Naga Group AG's ROIC % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, The Naga Group AG's ROIC % distribution charts can be found below:

* The bar in red indicates where The Naga Group AG's ROIC % falls into.



The Naga Group AG ROIC % Calculation

The Naga Group AG's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2023 is calculated as:

ROIC % (A: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2022 ) + Invested Capital (A: Dec. 2023 ))/ count )
=-0.371 * ( 1 - -0.02% )/( (122.945 + 58.502)/ 2 )
=-0.3710742/90.7235
=-0.41 %

where

The Naga Group AG's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Jun. 2024 is calculated as:

ROIC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-5.28 * ( 1 - -0.7% )/( (58.502 + 87.238)/ 2 )
=-5.31696/72.87
=-7.30 %

where

Note: The Operating Income data used here is two times the semi-annual (Jun. 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.


The Naga Group AG  (XTER:N4G) 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, The Naga Group AG's WACC % is 17.29%. The Naga Group AG's ROIC % is -1.93% (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.


The Naga Group AG ROIC % Related Terms

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The Naga Group AG Business Description

Traded in Other Exchanges
Address
Hohe Bleichen 12, Hamburg, DEU, 20354
The Naga Group AG develops and markets disruptive applications in financial technology. Its products include NAGA Trader, NAGA Brokers, NAGA Virtual, NAGA Wallet, and NAGA Markets to trade with an EU licensed brokerage company. Its core business is an online brokerage and generates revenue from the same.
Executives
Octavian Patrascu Board of Directors
Andreas Luecke Board of Directors
Michalis Mylonas Board of Directors
Qiang Liu Supervisory Board
Harald Patt Supervisory Board
Benjamin Jakub Bilski Board of Directors
Hans-jochen Lorenzen Supervisory Board

The Naga Group AG Headlines

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