Net Element, Inc. ROIC

ROIC of NETE for past 10 years: annual, quarterly and twelve month trailing (TTM) including ROIC growth rates and interactive chart. Return on invested capital (ROIC) is a calculation used to assess a company's efficiency at allocating the capital under its control to profitable investments. Calculated as Net Operating Profit After Tax or EBIT*(1-tax rate) divided by average invested capital. Invested capital is calculated as equity plus long-term and short-term debt minus cash and short-term investments. ROIC is often compared to the Weighted average cost of capital (WACC). If it's above it, it is said the company is creating value, if it's below it's destroying it. A company with after tax operating profit of $10 million and invested capital of $50 million will have a ROIC of 20%.


Highlights and Quick Summary

  • Annual ROIC for 2019 was -29.02% (a 38.26% increase from previous year)
  • Annual ROIC for 2018 was -20.99% (a -75.08% decrease from previous year)
  • Annual ROIC for 2017 was -84.23% (a 7.6% increase from previous year)
  • Twelve month ROIC ending September 29, 2020 was -25.11% (a 34.13% increase compared to previous quarter)
  • Twelve month trailing ROIC decreased by -13.47% year-over-year
Trailing ROIC for the last four month:
29 Sep '20 29 Jun '20 30 Mar '20 30 Dec '19
-25.11% -18.72% -34.05% -29.02%
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Historical ROIC of Net Element, Inc.

Most recent ROICof NETE including historical data for past 10 years.

Interactive Chart of ROIC of Net Element, Inc.

Net Element, Inc. ROIC for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2019 -29.02%
2018 -20.99%
2017 -84.23%
2016 -78.28%
2015 -57.37%
2014 -55.25%
2013 -1624.45%
2012 -73.66%
2011 0.0%
2010 0.0%

Business Profile of Net Element, Inc.

Sector: Technology
Industry: Software—Infrastructure
Net Element, Inc. operates as a financial technology and value-added solutions company in North America, Russia, and the Commonwealth of Independent States. It operates in two segments, North American Transaction Solutions and International Transaction Solutions. The company offers a range of payment acceptance and transaction processing services that enable merchants of various sizes to accept and process approximately 100 payment options, including credit, debit, prepaid, and alternative payments; and value-added services and technologies, such as integrated payment technologies, point-of-sale solutions (POS), fraud management solutions, information solutions, and analytical tools. Its services include Unified Payments that provides integrated payment acceptance solutions, value-added POS, and business process management services; Unified m-POS, a mobile POS application that accepts payments; Aptito POS Platform, an integrated POS platform for the hospitality, retail, service, and on the go industries; Restoactive, a POS restaurant management platform; Zero Pay, a zero-fee payment acceptance program for SMB merchants; transactional services, mobile payment transactions, online payment transactions, and other payment technologies under the PayOnline name; Pay-Travel, an integrated payment processing solutions to the travel industry; and Netevia, a multi-channel payments and merchant management platform that delivers end-to-end payment processing through easy-to-use APIs. Net Element, Inc. offers its services through retail and mobile merchants, as well as online. The company was formerly known as Net Element International, Inc. and changed its name to Net Element, Inc. in December 2013. Net Element, Inc. was founded in 2004 and is based in North Miami Beach, Florida.