Understanding Capital Efficiency in the Authentication Industry: A Deep Dive into VerifyMe, Inc. (NASDAQ:VRME)
VerifyMe, Inc. (NASDAQ:VRME) shows a negative Return on Invested Capital (ROIC) of -14.96% compared to its Weighted Average Cost of Capital (WACC) of 5.86%, indicating capital inefficiency.Among its peers, Wilhelmina International, Inc. (WHLM) presents a positive ROIC, making it potentially more attractive to investors focused on capital efficiency.Other companies in the industry, including Oblong, Inc. (OBLG) and Usio, Inc. (USIO), also demonstrate significant challenges in capital utilization, with negati ...