SEL Manufacturing ROIC
Quel est le ROIC de SEL Manufacturing?
Le ROIC de SEL Manufacturing Company Limited est -11.69%
Quelle est la définition 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 des entreprises dans Consumer Discretionary secteur sur NSE par rapport à SEL Manufacturing
Que fait SEL Manufacturing?
SEL Manufacturing Company Limited, an integrated textile company, engages in the spinning, knitting, and processing of yarns and fabrics in India and internationally. The company offers cotton combed/carded knitting yarns, slub yarns, organic cotton yarns, poly/cotton blends, TFO double yarns, elitwist yarns, compact yarns, polyester/viscose blended yarns, cotton/modal blends, cotton bamboo blends, zero twist yarns, and melange yarns. It also provides terry towels, including beach, bath, kitchen, Christmas, and embroidered/embellished towels, as well as terry made ups; and readymade garments, such as T-shirts, tops, inner wears, night suits, boxers, sweaters, etc. for men and boys, and women and girls, as well as infants, toddlers, and kids. In addition, the company offers knitted fabrics consisting of single jersey, pique, sheer jersey, interlock, waffle, ottoman, flat back rib, yarn dyed striper, mini-jacquard, electronic jacquard, velour, pointel, suede, rib, variegated rib, cotton fleece, and polyester fleece fabrics, as well as knitted garments, processed fabrics, and various kinds of yarn. SEL Manufacturing Company Limited was founded in 1969 and is based in Ludhiana, India.
Entreprises avec roic similaire à SEL Manufacturing
- Cogstate a ROIC de -11.73%
- Carnival & Plc a ROIC de -11.73%
- Carnival plc a ROIC de -11.73%
- Meteorite Capital a ROIC de -11.72%
- Silver Mountain Resources Inc a ROIC de -11.72%
- Applied Optoelectronics Inc a ROIC de -11.69%
- SEL Manufacturing a ROIC de -11.69%
- Compass Venture a ROIC de -11.68%
- Walker River Resources a ROIC de -11.67%
- Fife Capital Corp a ROIC de -11.67%
- Lightspeed POS a ROIC de -11.66%
- Arcure S.A a ROIC de -11.66%
- Tamilnadu Telecommunications a ROIC de -11.66%