CTVEF (Certive Solutions) 1-Year ROIIC % : 0.00% (As of Feb. 2024)

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What is Certive Solutions 1-Year ROIIC %?

Certive Solutions CTVEF -99.94% 1-Year ROIIC % is 0.00 as of Feb. 2024.

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Certive Solutions's 1-Year ROIIC % for the quarter that ended in Feb. 2024 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Certive Solutions's 1-Year ROIIC % or its related term are showing as below:

CTVEF's 1-Year ROIIC % is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 2.97
* Ranked among companies with meaningful 1-Year ROIIC % only.

Certive Solutions  (OTCPK:CTVEF) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Certive Solutions 1-Year ROIIC % Related Terms


Certive Solutions 1-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Certive Solutions's 1-Year ROIIC % 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.

Certive Solutions 1-Year ROIIC % Chart

Certive Solutions Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.52 -578.18 203.42 51.77 50.48

Certive Solutions Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
1-Year ROIIC % 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 941.30 50.48 -156.18 -124.66 -105.03

CTVEF vs ESSI, UPHL, LGMK: 1-Year ROIIC % Comparison

For the Health Information Services subindustry, Certive Solutions's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % 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.


Certive Solutions 1-Year ROIIC % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Certive Solutions's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Certive Solutions's 1-Year ROIIC % falls into.



Certive Solutions 1-Year ROIIC % Calculation

Certive Solutions's 1-Year ROIIC % for the quarter that ended in Feb. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -0.993 (Feb. 2024) - -1.894 (Feb. 2023) )/( 4.855 (Feb. 2024) - 5.669 (Feb. 2023) )
=0.901/-0.814
=-110.69%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 1-Year ROIIC % →
What does a 1-Year ROIIC % of 0.00 mean?
Certive Solutions (CTVEF) has a 1-Year ROIIC % of 0.00 as of Feb. 2024. 1-Year ROIIC % measures the change in earnings as a percentage of change in investment over 1-year. View historical data on Certive Solutions and its competitors.
Is Certive Solutions' 1-Year ROIIC % too high?
Certive Solutions' current 1-Year ROIIC % is 0.00.
How does Certive Solutions' 1-Year ROIIC % compare to ESSI and UPHL?
Certive Solutions' 1-Year ROIIC % of 0.00 can be compared against companies in the Healthcare Providers & Services industry. The industry median 1-Year ROIIC % is 2.97. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 1-Year ROIIC % for a Healthcare Providers & Services company?
The median 1-Year ROIIC % among Healthcare Providers & Services companies is 2.97, based on 641 companies in the industry. Companies in the top quartile (top 25%) have a 1-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 1-Year ROIIC % 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 1-Year ROIIC % mean?
A high 1-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 1-Year ROIIC % measures the change in earnings as a percentage of change in investment over 1-year. View historical data on Certive Solutions and its competitors. For the Healthcare Providers & Services industry, the median 1-Year ROIIC % is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Certive Solutions's current 1-Year ROIIC % is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Certive Solutions stock overvalued right now?
Certive Solutions (CTVEF) has a current 1-Year ROIIC % of 0.00. The current 1-Year ROIIC % is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 1-Year ROIIC % calculated?
1-Year ROIIC % is calculated from a company's financial statements. For Certive Solutions (CTVEF), the current 1-Year ROIIC % is 0.00 as of Feb. 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.

Certive Solutions Business Description

Address 8149 North 87th Place, Scottsdale, AZ, USA, 85258
Certive Solutions Inc is a service provider in the Revenue Cycle Management (RCM) segment of the United States healthcare industry. The company provides claims audit and recovery solutions. Along with its subsidiaries, the Titan and Omega divisions provide retrospective claim audits against payer contracts, identify underpayments, and rebill and collect revenues for hospital customers. Its lines of business include billing support, claim audit and recovery, consulting services and chargemaster/lost charge recovery. The Company currently provides services to hospital clients enhancing the efficiency and effectiveness of lost charge recovery services, in revenue-sharing relationships that improve hospital clients net operating results.