aap Implantate AG ROIC
What is the ROIC of aap Implantate AG?
The ROIC of aap Implantate AG is -54.60%
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 Health Care sector on XETRA compared to aap Implantate AG
What does aap Implantate AG do?
aap Implantate AG, a medical device company, develops, manufactures, and markets trauma products for orthopedics in Germany, the United States, and internationally. It offers LOQTEQ, an anatomical plating system for fracture treatment; and a range of cannulated screws, standard plates, and screws. The company sells its products directly to hospitals, buying syndicates, and hospital groups, as well as through a network of distributors under the aap brand name. aap Implantate AG was founded in 1990 and is headquartered in Berlin, Germany.
Companies with roic similar to aap Implantate AG
- Innovation Pharmaceuticals has ROIC of -54.77%
- Precipitate Gold has ROIC of -54.77%
- NanoVibronix Inc has ROIC of -54.74%
- Atreca Inc has ROIC of -54.72%
- kneat.com has ROIC of -54.67%
- Aurumin has ROIC of -54.60%
- aap Implantate AG has ROIC of -54.60%
- Amesite has ROIC of -54.53%
- Neptune Wellness Solutions Inc has ROIC of -54.46%
- Tonix Pharmaceuticals has ROIC of -54.45%
- Cabral Gold has ROIC of -54.40%
- Doriemus Plc has ROIC of -54.38%
- Zealand Pharma A/S has ROIC of -54.38%