Zenith Birla (India) ROIC
Qual é o ROIC de Zenith Birla (India)?
O ROIC de Zenith Birla (India) Limited é -11.36%
Qual é a definição de 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 de empresas na Setor Industrials em NSE em comparação com Zenith Birla (India)
O que Zenith Birla (India) faz?
Zenith Birla (India) Limited manufactures and sells steel pipes in India. Its products include electric resistance welded black, galvanized, and helical submerged arc welded pipes. The company's products are used for various applications, such as agriculture and irrigation water distribution, space frame, fence, transportation of raw and potable water, sprinkler, firefighting system, industrial general engineering, pole, piling, drill rod, chilled water system, container making, transmission tower, ash/slurry transportation, bore-well, structural scaffolding and prop, transportation of oil and gas, electricity conduit, construction water distribution, green house, crude, transportation of sewage disposal irrigation, and oil sector distribution of gas, as well as auto industry. It also exports its products to 79 countries. Zenith Birla (India) Limited was incorporated in 1960 and is based in Mumbai, India.
Empresas com roic semelhantes a Zenith Birla (India)
- CooTek (Cayman) Inc tem ROIC de -11.41%
- Onxeo SA tem ROIC de -11.40%
- Element 29 Resources tem ROIC de -11.39%
- Canadian Overseas Petroleum tem ROIC de -11.39%
- Fuels tem ROIC de -11.38%
- Avid Bioservices Inc tem ROIC de -11.38%
- Zenith Birla (India) tem ROIC de -11.36%
- UK Oil & Gas PLC tem ROIC de -11.35%
- Christopher & Banks tem ROIC de -11.34%
- Ridgeline Minerals tem ROIC de -11.34%
- Small Pharma Inc tem ROIC de -11.34%
- Unity Software tem ROIC de -11.33%
- St Davids Capital Inc tem ROIC de -11.33%