iClick Interactive Asia Ltd ROIC
What is the ROIC of iClick Interactive Asia Ltd?
The ROIC of iClick Interactive Asia Group Ltd is -3.16%
What is the definition of ROIC?
Return on invested capital (ROIC) is a financial ratio that measures how efficient a company is at allocating the capital under its control to profitable investments.
= NOPAT / Invested capital = EBIT * (1 - tax rate) / (2-year average liabilities + 2-year average shareholder equity)
Return on invested capital (ROIC) ratio gives investors a sense of how well a company is using money under its control to generate profitable returns.
ROIC can be used as a benchmark to calculate the valuation of companies across industries. A higher ROIC means the company is doing a better job of investing the money from shareholders and bondholders to run the business. A company is creating value if its ROIC exceeds 2%. If its ROIC is under 2%, the company is likely destroying value and has no excess capital to invest in future growth.
You can calculate ROIC with the following formula:
NOPAT = Net operating profit after tax
Invested Capital = Average total liabilities + Average shareholders' equity
The averages of liabilities and shareholders' equity are calculated as geometrical averages of the last two annual values from the company's balance sheet.
ROIC of companies in the Industrials sector on NASDAQ compared to iClick Interactive Asia Ltd
What does iClick Interactive Asia Ltd do?
iclick is a leading integrated advertising technology company in china connecting worldwide advertisers with the audience in china. its proprietary programmatic marketing platform (“pmp”) is the first of its kind in china that truly integrates search, display, mobile and social media advertising. the core of iclick’s pmp is supported by tremendous data and advanced technology, which help both international and domestic advertisers precisely reach their targeted customers in china through multi-channel marketing. iclick was established in 2009 and now has seven offices in asia as well as business presence in london and new york with more than 500 employees.
Companies with roic similar to iClick Interactive Asia Ltd
- Defense Metals has ROIC of -3.18%
- Arianne Phosphate has ROIC of -3.18%
- Premier Gold Mines has ROIC of -3.18%
- Premier Gold Mines has ROIC of -3.18%
- Theratechnologies has ROIC of -3.17%
- BASE has ROIC of -3.17%
- iClick Interactive Asia Ltd has ROIC of -3.16%
- Wolverine World Wide has ROIC of -3.15%
- Horizon North Logistics Inc has ROIC of -3.15%
- Entreprendre S.A has ROIC of -3.14%
- Tutor Perini Corp has ROIC of -3.14%
- Ujaas has ROIC of -3.14%
- Baillie Gifford Japan Trust Plc has ROIC of -3.14%