GI Engineering Solutions ROIC
What is the ROIC of GI Engineering Solutions?
The ROIC of GI Engineering Solutions Limited is 0.16%
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 Industrials sector on NSE compared to GI Engineering Solutions
What does GI Engineering Solutions do?
GI Engineering Solutions Limited provides engineering-based services in Asia. The company offers civil engineering, land planning, land surveying, and landscape architecture services. It provides offshore engineering services, such as residential design for planned unit developments, single family subdivisions, traditional condominiums, apartment complexes, single family site condominiums, and manufactured housing communities; and commercial/industrial design services for industrial subdivisions and site condominiums, commercial and industrial site plans, and marinas. The company also offers water/wastewater for soils/site evaluations, septic system monitoring, cluster systems, sanitary sewer systems, septic system designs, package treatment plants, water distribution systems, arsenic removal, and water treatment services. In addition, it provides master planning services for parks, playgrounds, golf courses, pedestrian and vehicular campuses, waterfronts, marinas, and water features, as well as construction supervision services, site evaluation studies, and tree surveys. GI Engineering Solutions Limited was incorporated in 2006 and is based in Mumbai, India.
Companies with roic similar to GI Engineering Solutions
- United Labels AG has ROIC of 0.15%
- Mene has ROIC of 0.15%
- Hoegh LNG has ROIC of 0.15%
- Tompkins Corp has ROIC of 0.16%
- Grammer AG has ROIC of 0.16%
- Premier Foods Plc has ROIC of 0.16%
- GI Engineering Solutions has ROIC of 0.16%
- Lvji Technology Inc has ROIC of 0.16%
- Bartronics India has ROIC of 0.17%
- Pacific Premier has ROIC of 0.17%
- Calamos Global Total Return Fund has ROIC of 0.17%
- Tokyo Plast International has ROIC of 0.17%
- The New India Assurance has ROIC of 0.17%