Henderson Alternative Strategies Trust Plc ROIC
What is the ROIC of Henderson Alternative Strategies Trust Plc?
The ROIC of Henderson Alternative Strategies Trust Plc is 1.89%
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 Finance sector on LSE compared to Henderson Alternative Strategies Trust Plc
What does Henderson Alternative Strategies Trust Plc do?
Henderson Alternative Strategies Trust plc is a closed ended equity fund of funds launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in funds that invest in public equity and hedging markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in equity securities, investment funds, exchange traded funds, warrants, and related instruments. It benchmarks the performance of its portfolio against the FTSE World Index. The fund was formerly known as Henderson Value Trust plc. Henderson Alternative Strategies Trust plc was formed on July 1, 1991 and is domiciled in the United Kingdom.
Companies with roic similar to Henderson Alternative Strategies Trust Plc
- Gigaset AG has ROIC of 1.89%
- Nanogate AG has ROIC of 1.89%
- Nanogate SE has ROIC of 1.89%
- Grayscale Ethereum Mini Trust has ROIC of 1.89%
- Pilani Investment and Industries has ROIC of 1.89%
- International Parkside Products has ROIC of 1.89%
- Henderson Alternative Strategies Trust Plc has ROIC of 1.89%
- LXP Industrial Trust has ROIC of 1.90%
- Automobile of Goa has ROIC of 1.90%
- QBE Insurance has ROIC of 1.90%
- Greenland Hong Kong has ROIC of 1.90%
- Macatawa Bank has ROIC of 1.90%
- Z has ROIC of 1.90%