Forbes ROIC
Cos'è ROIC di Forbes?
ROIC di Forbes & Company Limited è -2.35%
Qual è la definizione di 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 di aziende nel Industrials settore su BSE rispetto a Forbes
Cosa fa Forbes?
Forbes & Company Limited manufactures, sells, and rents health, hygiene, and safety products in India and internationally. The company engages in manufacturing, selling, renting, and servicing vacuum cleaners, water filter cum purifiers, water and waste water treatment plants; and trading electronic air cleaning systems, small household appliances, digital security systems, fire extinguishers, etc. It also manufactures and trades in precision cutting tools, spring lock washers, and marking systems. In addition, the company offers note counting machines, electronic cash registers, point of sale machines, and various types of kiosks; Forbes Xpress that comprise sale of mobile recharge, and bill payments and money transfer; and transaction network and services, including maintenance, servicing and support services for kiosks and other devices. Further, it is involved in the real estate development activities, as well as rents out investment properties. Additionally, the company engages in the business of ship owners, charterers, etc. The company was founded in 1767 and is based in Mumbai, India. Forbes & Company Limited is a subsidiary of Shapoorji Pallonji and Company Private Limited.
Aziende con roic simili a Forbes
- Tenable Inc ha ROIC di -2.37%
- Vanguard FTSE Developed Europe ex UK ETF ha ROIC di -2.37%
- Mednow ha ROIC di -2.37%
- Mercari ha ROIC di -2.36%
- eHealth Inc ha ROIC di -2.36%
- Mahindra Lifespace Developers ha ROIC di -2.35%
- Forbes ha ROIC di -2.35%
- Acanthe Developpement ha ROIC di -2.34%
- Aimia ha ROIC di -2.34%
- Ribbon Communications Inc ha ROIC di -2.34%
- Raute Oyj ha ROIC di -2.33%
- Sterling Consolidated ha ROIC di -2.32%
- Kooth plc ha ROIC di -2.32%