Greenpro Capital Corp. (NASDAQ:GRNQ) is a company that provides financial services, including business consulting and corporate advisory services. It operates primarily in the Asia-Pacific region. The company is involved in a variety of sectors, including real estate, technology, and finance. Greenpro's competitors include companies like Farmmi, Inc., and Oxbridge Re Holdings Limited.
In evaluating Greenpro's financial performance, the Return on Invested Capital (ROIC) is a critical metric. Greenpro's ROIC stands at -24.25%, which is significantly lower than its Weighted Average Cost of Capital (WACC) of 11.52%. This negative ROIC indicates that the company is not generating sufficient returns to cover its cost of capital, highlighting inefficiencies in capital utilization.
Farmmi, Inc. (FAMI) presents a slightly better scenario with an ROIC of -0.44% and a WACC of 11.51%. Although still negative, Farmmi's ROIC to WACC ratio of -0.038 indicates it is closer to breaking even compared to its peers. This suggests that Farmmi is in a relatively better position in terms of capital efficiency.
Oxbridge Re Holdings Limited (OXBR) also shows a negative ROIC of -40.06% with a WACC of 13.44%, indicating that the company is not generating sufficient returns to cover its cost of capital. Overall, all these companies are operating below their cost of capital, but Farmmi, Inc. appears to be the closest to achieving a positive return relative to its cost of capital.
