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ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Ganga Papers India's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 7.18%.
As of today (2026-07-14), Ganga Papers India's WACC % is 8.67%. Ganga Papers India's ROIC % is 4.87% (calculated using TTM income statement data).
Ganga Papers India earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Ganga Papers India (BOM:531813) 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, Ganga Papers India's WACC % is 8.67%. Ganga Papers India's ROIC % is 4.87% (calculated using TTM income statement data).
Ganga Papers India 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.
Ganga Papers India ROIC % Related Terms
Ganga Papers India ROIC % Historical Data
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The historical data trend for Ganga Papers India'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.
For the Paper & Paper Products subindustry, Ganga Papers India'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.
Ganga Papers India ROIC % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Ganga Papers India's ROIC % distribution charts can be found below:
* The bar in red indicates where Ganga Papers India's ROIC % falls into.
Note:
The Operating Income data used here is four times the quarterly (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.
Ganga Papers India (BOM:531813) has a ROIC % of 7.18% 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 Ganga Papers India and its competitors.
Is Ganga Papers India's ROIC % too high?
Ganga Papers India's current ROIC % is 7.18%. The Forest Products industry median ROIC % is 1.57. Ganga Papers India's value of 7.18% is 357.3% above this industry median. Overall, Ganga Papers India has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ganga Papers India's ROIC % compare to competitors?
Ganga Papers India's ROIC % of 7.18% can be compared against companies in the Forest Products industry. The industry median ROIC % is 1.57. Ganga Papers India's value of 7.18% is 357.3% 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 Forest Products company?
The median ROIC % among Forest Products companies is 1.57, based on 278 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. Ganga Papers India's current ROIC % of 7.18% is 357.3% 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 Ganga Papers India and its competitors. For the Forest Products industry, the median ROIC % is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ganga Papers India's current ROIC % is 7.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ganga Papers India stock overvalued right now?
Based on GuruFocus' analysis, Ganga Papers India (BOM:531813) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹117.72, compared to a current price of ₹84.50 — trading 28.2% below its estimated fair value. The current ROIC % is 7.18% and 357.3% above the Forest Products industry median of 1.57. Ganga Papers India's overall GF Score™ is 56/100 with 4 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 Ganga Papers India (BOM:531813), the current ROIC % is 7.18% 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.
Is Ganga Papers India (BOM:531813) Overvalued in 2026?
Based on GuruFocus' analysis, Ganga Papers India stock appears to be undervalued.
The current stock price of ₹84.50 is trading 28.2% below its estimated GF Value™ of ₹117.72.
GuruFocus considers Ganga Papers India to be Modestly Undervalued.
Key valuation signals for BOM:531813:
ROIC %: 7.18%
GF Value™: ₹117.72 vs. price of ₹84.50 (28.2% below fair value)
Industry Position: 357.3% above the Forest Products median
No single metric tells the full story. See the BOM:531813 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ganga Papers India Ltd is an Indian company engaged in the manufacturing and sale of paper and paper products. It produces kraft paper, including fluting paper and test liner kraft, as well as newsprint, writing papers, and packaging paperboard products. The company also provides pulp products derived from recycled grades of waste paper, making its paper production eco-friendly. Its products are used for industrial, packaging, stationery, and textbook applications. Ganga Papers operates manufacturing facilities in Pune, Maharashtra, and its revenue is mainly generated from sales of its diversified paper products.
56GF Score
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ROIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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