Analysis of Motorsport Games Inc. (NASDAQ:MSGM) and Its Competitors' Capital Efficiency
Motorsport Games Inc. (NASDAQ:MSGM) has a ROIC of -28.03% and a WACC of 13.73%, indicating it is not generating sufficient returns to cover its cost of capital.Genius Group Limited (GNS) and other competitors also show negative ROIC to WACC ratios, but Magic Empire Global Limited (MEGL) is closest to covering its cost of capital.Mobile Global Esports Inc. (MGAM) displays the most significant inefficiencies in capital utilization with a ROIC to WACC ratio of -75.66.Motorsport Games Inc. (NASDAQ:MSGM) is a co ...