Nice Roic from 2010 to 2024

NICE Stock  USD 221.48  1.96  0.89%   
Nice's ROIC is increasing over the years with slightly volatile fluctuation. Overall, ROIC is expected to go to 0.09 this year. ROIC is return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders. View All Fundamentals
 
ROIC  
First Reported
2010-12-31
Previous Quarter
0.08256979
Current Value
0.0867
Quarterly Volatility
0.02266875
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nice financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nice main balance sheet or income statement drivers, such as Depreciation And Amortization of 175.7 M, Interest Expense of 4.5 M or Selling General Administrative of 264.9 M, as well as many exotic indicators such as Price To Sales Ratio of 3.06, Dividend Yield of 0.0019 or PTB Ratio of 2.19. Nice financial statements analysis is a perfect complement when working with Nice Valuation or Volatility modules.
  
This module can also supplement Nice's financial leverage analysis and stock options assessment as well as various Nice Technical models . Check out the analysis of Nice Correlation against competitors.

Latest Nice's Roic Growth Pattern

Below is the plot of the Roic of Nice Ltd ADR over the last few years. It is return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders. Nice's ROIC historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nice's overall financial position and show how it may be relating to other accounts over time.
Roic10 Years Trend
Slightly volatile
   Roic   
       Timeline  

Nice Roic Regression Statistics

Arithmetic Mean0.06
Coefficient Of Variation38.82
Mean Deviation0.02
Median0.06
Standard Deviation0.02
Sample Variance0.0005
Range0.0903
R-Value0.73
Mean Square Error0.0003
R-Squared0.53
Significance0
Slope0
Total Sum of Squares0.01

Nice Roic History

2024 0.0867
2023 0.0826
2022 0.0676
2021 0.059
2019 0.0665
2018 0.0596
2017 0.0662

About Nice Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Nice income statement, its balance sheet, and the statement of cash flows. Nice investors use historical funamental indicators, such as Nice's Roic, to determine how well the company is positioned to perform in the future. Although Nice investors may use each financial statement separately, they are all related. The changes in Nice's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Nice's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Nice Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Nice. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
ROIC 0.08  0.09 

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When determining whether Nice Ltd ADR is a strong investment it is important to analyze Nice's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nice's future performance. For an informed investment choice regarding Nice Stock, refer to the following important reports:
Check out the analysis of Nice Correlation against competitors.
Note that the Nice Ltd ADR information on this page should be used as a complementary analysis to other Nice's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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When running Nice's price analysis, check to measure Nice's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nice is operating at the current time. Most of Nice's value examination focuses on studying past and present price action to predict the probability of Nice's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nice's price. Additionally, you may evaluate how the addition of Nice to your portfolios can decrease your overall portfolio volatility.
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Is Nice's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nice. If investors know Nice will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nice listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.168
Earnings Share
5.12
Revenue Per Share
1.4955
Quarterly Revenue Growth
0.096
Return On Assets
0.054
The market value of Nice Ltd ADR is measured differently than its book value, which is the value of Nice that is recorded on the company's balance sheet. Investors also form their own opinion of Nice's value that differs from its market value or its book value, called intrinsic value, which is Nice's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nice's market value can be influenced by many factors that don't directly affect Nice's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nice's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nice is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nice's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.