Retail Opportunity Investments Corp. ROIC NASDAQ

Retail Opportunity Investments Corp. (ROIC) generated $147.48M in operating cash flow for fiscal year 2023. After capital expenditures of $0.00, free cash flow was $147.48M.

Free cash flow margin was 45% of revenue. Cash conversion ratio was 4.02x, indicating earnings are backed by cash.

The company returned $56.85M in dividends and $3.29M in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (17/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (66/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
• INCOME (55/100) — Cash conversion ratio was 4.02x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 41/100 with 1/7 criteria passed.