Zedge (ZDGE) Return on Invested Capital (2020 - 2024)
Zedge's (ZDGE) quarterly Return on Invested Capital came in at 0.04% in Q2 2024, up 4.0% YoY from 0.03% in Q2 2023, and up 56.05% on a QoQ basis from 0.08% in Q1 2024.
Analysis
Zedge (ZDGE) Return on Invested Capital (2020 - 2024) Analysis & Trends
Zedge (ZDGE) has 9 years of Return on Invested Capital data on file, last reported at 0.04% in Q2 2024.
- Quarterly Return on Invested Capital rose 4.0% year-over-year to 0.04% in Q2 2024, while the trailing twelve-month figure through Apr 2024 was 0.04% (up 4.0% YoY) and the FY2023 annual result came in at 0.05%, changed N/A from the prior year.
- Return on Invested Capital climbed to 0.04% in Q2 2024, from 0.08% in the prior quarter.
- In the past five years, Return on Invested Capital ranged from a high of 1.21% in Q1 2022 to a low of 0.08% in Q1 2020.
- A 5-year average of 0.16% and a median of 0.03% in 2020 frame the typical range for Return on Invested Capital.
- Annual changes were most pronounced in 2022 — Return on Invested Capital jumped 105 bps — and 2023, when it tumbled 92 bps.
- Tracing ZDGE's Return on Invested Capital over 5 years: stood at 0.08% in 2020, then jumped by 449 bps to 0.42% in 2021, then dropped by 17 bps to 0.35% in 2022, then slumped by 104 bps to 0.02% in 2023, then sank by 137 bps to 0.04% in 2024.
- The last three Return on Invested Capital figures came in at 0.04% (Q2 2024), 0.08% (Q1 2024), and 0.02% (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | - |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | - |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 0.02% |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | -0.08% |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | - | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 0.00% |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | 0.11% |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | - | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 0.00% |
| 10 | Zedge | 39.53 Mn | 19.83 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2024 | -0.04% |
| Jan 31, 2024 | -0.08% |
| Oct 31, 2023 | -0.03% |
| Jul 31, 2023 | -0.05% |
| Apr 30, 2023 | -0.10% |
| Jan 31, 2023 | 0.27% |
| Oct 31, 2022 | 0.32% |
| Jan 31, 2022 | 1.21% |
| Oct 31, 2021 | 0.42% |
| Jul 31, 2021 | 0.25% |
| Apr 30, 2021 | 0.26% |
| Jan 31, 2021 | 0.16% |
| Oct 31, 2020 | 0.08% |
| Jul 31, 2020 | 0.00% |
| Apr 30, 2020 | -0.04% |
| Jan 31, 2020 | -0.07% |