Speciality Restaurants ROIC
What is the ROIC of Speciality Restaurants?
The ROIC of Speciality Restaurants Limited is -0.10%
What is the definition of 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 of companies in the Consumer Discretionary sector on BSE compared to Speciality Restaurants
What does Speciality Restaurants do?
Speciality Restaurants Limited owns and operates restaurant outlets and sweet shops in India. The company operates its restaurants under the Mainland China, Oh! Calcutta, Asia Kitchen by Mainland China, Sigree, Sigree Global Grill, Flame & Grill, Café Mezzuna, Hoppipola, Gong Modern Asian, POH, Spicery by Sigree, Jungle Safari, Haka, Machaan, and Zoodles brand names; and confectionaries and cafes under the Sweet Bengal and Dariole brands, as well as bars under the Hay and Episode One brands. As of March 31, 2020, it operated 109 restaurants, including 26 franchise restaurants; and 31 confectionaries. The company was founded in 1992 and is based in Mumbai, India.
Companies with roic similar to Speciality Restaurants
- Conyers Park Acquisition has ROIC of -0.11%
- Conyers Park Acquisition has ROIC of -0.11%
- Porsche Automobil SE has ROIC of -0.11%
- Porsche Automobil SE has ROIC of -0.11%
- Uniphos Enterprises has ROIC of -0.11%
- Entravision Communications has ROIC of -0.11%
- Speciality Restaurants has ROIC of -0.10%
- Five X Tradecom has ROIC of -0.10%
- GEDI Gruppo Editoriale S.p.A has ROIC of -0.10%
- SITI Networks has ROIC of -0.10%
- Baytex Corp has ROIC of -0.10%
- N.K Industries has ROIC of -0.10%
- Lime Chemicals has ROIC of -0.10%