BIO-key International, Inc. (NASDAQ:BKYI) Struggles with Capital Utilization Amidst Biometric Innovation
BIO-key International, Inc. (NASDAQ:BKYI) has a Return on Invested Capital (ROIC) of -50.67%, indicating poor capital utilization compared to its Weighted Average Cost of Capital (WACC) of 10.09%.Similar companies in the sector, including Boxlight Corporation and Safe & Green Holdings Corp., also exhibit negative ROICs, suggesting a common challenge in generating returns above their cost of capital.SuperCom Ltd. stands out with a ROIC of 2.63% and a WACC of 7.11%.BIO-key International, Inc. (NASDAQ:BKYI) sp ...