Shree Cement ROIC
Was ist das ROIC von Shree Cement?
ROIC von Shree Cement Limited ist 9.16%
Was ist die Definition von ROIC?
Return on invested capital (ROIC) is a financial ratio that measures how efficient a company is at allocating the capital under its control to profitable investments.
= NOPAT / Invested capital = EBIT * (1 - tax rate) / (2-year average liabilities + 2-year average shareholder equity)
Return on invested capital (ROIC) ratio gives investors a sense of how well a company is using money under its control to generate profitable returns.
ROIC can be used as a benchmark to calculate the valuation of companies across industries. A higher ROIC means the company is doing a better job of investing the money from shareholders and bondholders to run the business. A company is creating value if its ROIC exceeds 2%. If its ROIC is under 2%, the company is likely destroying value and has no excess capital to invest in future growth.
You can calculate ROIC with the following formula:
NOPAT = Net operating profit after tax
Invested Capital = Average total liabilities + Average shareholders' equity
The averages of liabilities and shareholders' equity are calculated as geometrical averages of the last two annual values from the company's balance sheet.
ROIC von Unternehmen in Materials Sektor auf NSE im Vergleich zu Shree Cement
Was macht Shree Cement?
Shree Cement Limited manufactures and sells cement and clinker in India and internationally. It offers cement under the Roofon, Bangur Power, Shree Jung Rodhak, Bangur Cement, and Rockstrong brand names. The company also engages in the generation of power with a total capacity of 771 megawatts through thermal, waste heat recovery, solar, and wind power plants. Further, it produces autoclaved aerated concrete blocks, a lightweight and precast building material. Shree Cement Limited was incorporated in 1979 and is based in Kolkata, India.
Unternehmen mit roic ähnlich Shree Cement
- Elecon Engineering hat ROIC von 9.15%
- Coal India hat ROIC von 9.16%
- Sunflag Iron and Steel hat ROIC von 9.16%
- Eaton Vance Tax-Managed Global Diversified Equity Income Fund hat ROIC von 9.16%
- Endo International plc hat ROIC von 9.16%
- Sree Rayalaseema Hi-Strength Hypo hat ROIC von 9.16%
- Shree Cement hat ROIC von 9.16%
- THL Credit hat ROIC von 9.17%
- Sysco hat ROIC von 9.17%
- Sysco hat ROIC von 9.17%
- KNR Constructions hat ROIC von 9.17%
- Yincheng Life Service Co Ltd hat ROIC von 9.17%
- IFB Agro Industries hat ROIC von 9.17%