Webjet Group (ASX:WJL) ROIC %: 10.77% (As of Mar. 2026)


ASX:WJL Webjet Group Ltd ASX:WJL
23 GF Score
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What is Webjet Group ROIC %?

Webjet Group ASX:WJL +1.25% 23 ROIC % is 10.77% as of Mar. 2026. GuruFocus rates ASX:WJL with a GF Score™ of 23/100. The stock has 2 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Webjet Group's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 10.77%.

As of today (2026-07-05), Webjet Group's WACC % is 10.97%. Webjet Group's ROIC % is 7.58% (calculated using TTM income statement data). Webjet Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Webjet Group  (ASX:WJL) 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, Webjet Group's WACC % is 10.97%. Webjet Group's ROIC % is 7.58% (calculated using TTM income statement data). Webjet Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.

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.

Webjet Group ROIC % Related Terms

Webjet Group ROIC % Historical Data

* Premium members only.

The historical data trend for Webjet Group'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.

Webjet Group ROIC % Chart

Webjet Group Annual Data
Trend Mar25 Mar26
ROIC %
10.40 7.36

Webjet Group Semi-Annual Data
Sep24 Mar25 Sep25 Mar26
ROIC % 14.57 0.00 11.10 10.77

ASX:WJL vs BKNG, ABNB, RCL: ROIC % Comparison

For the Travel Services subindustry, Webjet Group'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.

Webjet Group ROIC % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Webjet Group's ROIC % distribution charts can be found below:

* The bar in red indicates where Webjet Group's ROIC % falls into.


ASX:WJL
23GF Score
Webjet Group Ltd ASX:WJL
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Webjet Group ROIC % Calculation

Webjet Group's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2026 is calculated as:

ROIC % (A: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2025 ) + Invested Capital (A: Mar. 2026 ))/ count )
=13.5 * ( 1 - 40.32% )/( (99.8 + 119.2)/ 2 )
=8.0568/109.5
=7.36 %

where

Invested Capital(A: Mar. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=244 - 70.4 - ( 148.9 - max(0, 91.5 - 165.3+148.9))
=99.8

Invested Capital(A: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=227.9 - 61 - ( 113.9 - max(0, 82.3 - 130+113.9))
=119.2

Webjet Group's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=11.8 * ( 1 - 0% )/( (100 + 119.2)/ 2 )
=11.8/109.6
=10.77 %

where

Invested Capital(Q: Sep. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=233.3 - 58.2 - ( 133.6 - max(0, 77.7 - 152.8+133.6))
=100

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=227.9 - 61 - ( 113.9 - max(0, 82.3 - 130+113.9))
=119.2

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 10.77% mean?
Webjet Group (ASX:WJL) has a ROIC % of 10.77% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Webjet Group and its competitors.
Is Webjet Group's ROIC % too high?
Webjet Group's current ROIC % is 10.77%. The Travel & Leisure industry median ROIC % is 3.74. Webjet Group's value of 10.77% is 188% above this industry median. Overall, Webjet Group has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Webjet Group's ROIC % compare to BKNG and ABNB?
Webjet Group's ROIC % of 10.77% can be compared against companies in the Travel & Leisure industry. The industry median ROIC % is 3.74. Webjet Group's value of 10.77% is 188% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Travel & Leisure company?
The median ROIC % among Travel & Leisure companies is 3.74, based on 835 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Webjet Group's current ROIC % of 10.77% is 188% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Webjet Group and its competitors. For the Travel & Leisure industry, the median ROIC % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Webjet Group's current ROIC % is 10.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Webjet Group stock overvalued right now?
Webjet Group (ASX:WJL) has a current ROIC % of 10.77%. The current ROIC % is 10.77% and 188% above the Travel & Leisure industry median of 3.74. Webjet Group's overall GF Score™ is 23/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Webjet Group (ASX:WJL), the current ROIC % is 10.77% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Webjet Group Business Description

Other Exchanges VC7:Germany
Address No: 509 St Kilda Road, Level 2, Melbourne, VIC, AUS, 3004
Webjet Group Ltd is a digitally-led travel business. It has four segments Webjet OTA is a online travel agency in Australia and New Zealand with brand recognition; Cars & Motorhomes operates a e-commerce platform specialising in motorhome and car rentals, servicing customers across multiple international markets; Webjet Business Travel combines technology, a growing customer base, and an experienced team with Webjet's brand strength, partnerships and reach; and Trip Ninja is a technology business focused on platform enhancement and the application of machine learning and artificial intelligence. It generates majority of revenue from Webjet OTA. It has presence in Australia, Canada, and New Zealand of which majority of revenue comes from Australia.
23GF Score

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