Otter Tail ROIC
Cos'è ROIC di Otter Tail?
ROIC di Otter Tail Corporation è 13.06%
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 Utilities settore su NASDAQ rispetto a Otter Tail
Cosa fa Otter Tail?
with offices in fergus falls, minnesota, and fargo, north dakota, otter tail corporation is a growing company with over $1.2 billion in revenues and more than 4,000 employees across many industries. our diversified operations include an electric utility, manufacturing, health services, food ingredient processing, plastics, construction and transportation. the otter tail companies collectively serve customers within the united states and in canada.
Aziende con roic simili a Otter Tail
- KAZ Minerals Plc ha ROIC di 13.03%
- Masco ha ROIC di 13.04%
- Masco ha ROIC di 13.04%
- Hong Kong Johnson Hldg Co Ltd ha ROIC di 13.05%
- FirstService ha ROIC di 13.05%
- Jakks Pacific ha ROIC di 13.05%
- Otter Tail ha ROIC di 13.06%
- Schaeffler India ha ROIC di 13.06%
- Globus Maritime Ltd ha ROIC di 13.06%
- AGCO ha ROIC di 13.07%
- Xilinx ha ROIC di 13.07%
- Xilinx ha ROIC di 13.07%
- Carvana Co ha ROIC di 13.08%