Zedge (ZDGE) Return on Invested Capital [ROIC] (2020 - 2023)
Zedge's Return on Invested Capital [ROIC] was -15.13% in fiscal Q1 2024 (quarter ended Oct 31, 2023), down 32.08 percentage points from 16.95% a year earlier but up 0.74 percentage points from the prior quarter.
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Analysis
Zedge (ZDGE) Return on Invested Capital [ROIC] (2020 - 2023) Analysis & Trends
For FY2023 (ended Jul 31, 2023), Return on Invested Capital [ROIC] at Zedge came in at -14.94%.
- Return on Invested Capital [ROIC] shows a three-year change of -9.97 percentage points (FY2020 to FY2023).
- In earlier fiscal years, Return on Invested Capital [ROIC] was -4.97% in FY2020.
- Quarterly Return on Invested Capital [ROIC] has moved between -42.20% (fiscal Q2 2020) and 25.64% (fiscal Q3 2021) over five years.
- Compared with a year earlier, Return on Invested Capital [ROIC] has declined for four straight quarters, with an average year-over-year change of -18.40 percentage points over the last six quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was fiscal Q2 2021 (a gain of 66.87 percentage points); the worst was fiscal Q4 2023 (a drop of 38.23 percentage points).
- Per Business Quant data, ZDGE's Return on Invested Capital [ROIC] in the three fiscal quarters before Q1 2024 was -15.87% (Q4 2023), -4.18% (Q3 2023) and 14.36% (Q2 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,890.87 Bn | 3,648.40 Bn | 73.85 Bn | 18.61% |
| 2 | Meta Platforms | 1,637.40 Bn | 1,339.92 Bn | 49.47 Bn | 20.90% |
| 3 | Netflix | 270.40 Bn | 231.70 Bn | 6.80 Bn | 29.22% |
| 4 | Alibaba Group Holding | 231.40 Bn | 53.61 Bn | 15.11 Bn | 2.37% |
| 5 | Shopify | 218.48 Bn | 195.66 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 136.01 Bn | 107.99 Bn | 6.38 Bn | 17.38% |
| 7 | Spotify Technology | 120.19 Bn | 77.10 Bn | 1.89 Bn | - |
| 8 | Booking Holdings | 117.09 Bn | 50.14 Bn | - | 75.49% |
| 9 | PDD Holdings | 112.51 Bn | -131.27 Bn | 9.45 Bn | - |
| 10 | Zedge | 42.88 Mn | -33.03 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Oct 31, 2023 | -15.13% |
| Jul 31, 2023 | -15.87% |
| Apr 30, 2023 | -4.18% |
| Jan 31, 2023 | 14.36% |
| Oct 31, 2022 | 16.95% |
| Jul 31, 2022 | 22.36% |
| Apr 30, 2022 | 18.31% |
| Jan 31, 2022 | 23.70% |
| Apr 30, 2021 | 25.64% |
| Jan 31, 2021 | 24.66% |
| Oct 31, 2020 | 14.50% |
| Jul 31, 2020 | -4.67% |
| Apr 30, 2020 | -23.27% |
| Jan 31, 2020 | -42.20% |
API Access
Zedge Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=ZDGE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "ZDGE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=ZDGE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();