Covista (CVSA) Return on Invested Capital (2010 - 2026)
Covista (CVSA) posted quarterly Return on Invested Capital of 0.12% for Q3 2022, up 6.0% year-over-year from 0.12% in Q3 2021, and up 137.92% quarter-over-quarter from 0.05% in Q2 2022.
Covista (CVSA) Return on Invested Capital (2010 - 2026) Analysis & Trends
Covista (CVSA) has reported Return on Invested Capital for 6 consecutive years, with 0.12% the latest figure, recorded in Q3 2022.
- In Q3 2022, Return on Invested Capital rose 6.0% year-over-year to 0.12%; the TTM figure through Sep 2022 stood at 0.12% (up 6.0% YoY), while the FY2021 annual figure was 0.36%, down 2.0% from the prior year.
- Return on Invested Capital rose to 0.12% in Q3 2022 per CVSA's latest filing, from 0.05% in the prior quarter.
- Across five years, Return on Invested Capital topped out at 0.51% in Q4 2018 and bottomed at 0.01% in Q4 2021.
- Historically, Return on Invested Capital has averaged 0.14% across 5 years, with a median of 0.12% in 2020.
- Annual changes were most pronounced in 2019 — Return on Invested Capital slumped 37 bps — and 2022, when it increased 6 bps.
- Covista's Return on Invested Capital stood at 0.51% in 2018, then slumped by 74 bps to 0.13% in 2019, then decreased by 15 bps to 0.11% in 2020, then tumbled by 89 bps to 0.01% in 2021, then surged by 901 bps to 0.12% in 2022.
- Business Quant data shows CVSA's Return on Invested Capital at 0.12% in Q3 2022, 0.05% in Q2 2022, and 0.01% in Q1 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | -19.59% |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | -0.01% |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | 0.01% |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 0.00% |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 0.47% |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | - |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 0.00% |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | 0.04% |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | - |
| 10 | Youdao | 2.08 Bn | 2.00 Bn | 87.31 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.47% |
| Sep 30, 2022 | 0.12% |
| Jun 30, 2022 | 0.05% |
| Mar 31, 2022 | 0.01% |
| Dec 31, 2021 | 0.01% |
| Sep 30, 2021 | 0.06% |
| Jun 30, 2021 | 0.09% |
| Mar 31, 2021 | 0.11% |
| Dec 31, 2020 | 0.11% |
| Sep 30, 2020 | 0.12% |
| Jun 30, 2020 | 0.12% |
| Mar 31, 2020 | 0.15% |
| Dec 31, 2019 | 0.13% |
| Sep 30, 2019 | 0.14% |
| Jun 30, 2019 | 0.13% |
| Mar 31, 2019 | 0.39% |
| Dec 31, 2018 | 0.51% |
| Sep 30, 2018 | 0.13% |
| Dec 31, 2010 | 0.05% |
| Sep 30, 2010 | 0.02% |