GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Samor Reality Ltd (BOM:543376) » Definitions » ROIC %

Samor Reality (BOM:543376) ROIC % : 1.48% (As of Sep. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Samor Reality ROIC %?

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Samor Reality's annualized return on invested capital (ROIC %) for the quarter that ended in Sep. 2023 was 1.48%.

As of today (2024-04-27), Samor Reality's WACC % is 12.92%. Samor Reality's ROIC % is 1.69% (calculated using TTM income statement data). Samor Reality earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Samor Reality ROIC % Historical Data

The historical data trend for Samor Reality's ROIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Samor Reality ROIC % Chart

Samor Reality Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
ROIC %
5.86 -10.97 2.36 1.72 2.26

Samor Reality Semi-Annual Data
Mar19 Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
ROIC % Get a 7-Day Free Trial - - 2.41 2.88 1.48

Competitive Comparison of Samor Reality's ROIC %

For the Real Estate - Development subindustry, Samor Reality's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Samor Reality's ROIC % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Samor Reality's ROIC % distribution charts can be found below:

* The bar in red indicates where Samor Reality's ROIC % falls into.



Samor Reality ROIC % Calculation

Samor Reality's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2023 is calculated as:

ROIC % (A: Mar. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2022 ) + Invested Capital (A: Mar. 2023 ))/ count )
=6.992 * ( 1 - 25.86% )/( (104.068 + 355.387)/ 2 )
=5.1838688/229.7275
=2.26 %

where

Samor Reality's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Sep. 2023 is calculated as:

ROIC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=8.52 * ( 1 - 25.58% )/( (355.387 + 499.379)/ 2 )
=6.340584/427.383
=1.48 %

where

Note: The Operating Income data used here is two times the semi-annual (Sep. 2023) data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Samor Reality  (BOM:543376) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Samor Reality's WACC % is 12.92%. Samor Reality's ROIC % is 1.69% (calculated using TTM income statement data).


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Samor Reality ROIC % Related Terms

Thank you for viewing the detailed overview of Samor Reality's ROIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Samor Reality (BOM:543376) Business Description

Traded in Other Exchanges
N/A
Address
Prahladnagar Road, FO F.401, Shop Atlantis, Near Reliance Pump, Anandnagar, Satellite, Ahmedabad, GJ, IND, 380015
Samor Reality Ltd is engaged in the business of contractor, builder, developer, organizer, and supervisor of all types of real estate constructions and also buying and selling of constructed houses, complexes, shopping offices, holiday resorts, etc. The company is registered to carry on the business of builders, and developers, buying and selling of real estate units, and trading of materials used in the business of real estate construction. The company operates only in India.

Samor Reality (BOM:543376) Headlines

No Headlines