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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 %. Raj Television Network's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 0.99%.
As of today (2026-07-18), Raj Television Network's WACC % is 5.50%. Raj Television Network's ROIC % is 2.12% (calculated using TTM income statement data).
Raj Television Network earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Raj Television Network (BOM:532826) 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, Raj Television Network's WACC % is 5.50%. Raj Television Network's ROIC % is 2.12% (calculated using TTM income statement data).
Raj Television Network 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.
* 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 Broadcasting subindustry, Raj Television Network'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.
Raj Television Network ROIC % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Raj Television Network's ROIC % distribution charts can be found below:
* The bar in red indicates where Raj Television Network'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.
Raj Television Network (BOM:532826) has a ROIC % of 0.99% 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 Raj Television Network and its competitors.
Is Raj Television Network's ROIC % too high?
Raj Television Network's current ROIC % is 0.99%. The Media - Diversified industry median ROIC % is 1.39. Raj Television Network's value of 0.99% is 28.8% below this industry median. Overall, Raj Television Network has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Raj Television Network's ROIC % compare to NXST?
Raj Television Network's ROIC % of 0.99% can be compared against companies in the Media - Diversified industry. The industry median ROIC % is 1.39. Raj Television Network's value of 0.99% is 28.8% below 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 Media - Diversified company?
The median ROIC % among Media - Diversified companies is 1.39, based on 1,007 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. Raj Television Network's current ROIC % of 0.99% is 28.8% below 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 Raj Television Network and its competitors. For the Media - Diversified industry, the median ROIC % is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raj Television Network's current ROIC % is 0.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raj Television Network stock overvalued right now?
Based on GuruFocus' analysis, Raj Television Network (BOM:532826) is currently considered Possible Value Trap. The stock's GF Value™ is ₹34.40, compared to a current price of ₹11.95 — trading 65.3% below its estimated fair value. The current ROIC % is 0.99% and 28.8% below the Media - Diversified industry median of 1.39. Raj Television Network's overall GF Score™ is 51/100 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 Raj Television Network (BOM:532826), the current ROIC % is 0.99% 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 Raj Television Network (BOM:532826) Overvalued in 2026?
Based on GuruFocus' analysis, Raj Television Network stock appears to be undervalued.
The current stock price of ₹11.95 is trading 65.3% below its estimated GF Value™ of ₹34.40.
GuruFocus considers Raj Television Network to be Possible Value Trap.
Key valuation signals for BOM:532826:
ROIC %: 0.99%
GF Value™: ₹34.40 vs. price of ₹11.95 (65.3% below fair value)
Industry Position: 28.8% below the Media - Diversified median
No single metric tells the full story. See the BOM:532826 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Raj Television Network Ltd is a Tamil television and broadcasting company. It caters to the entertainment needs and production of content across different formats and platforms, such as fiction and reality shows for television, movies, music, digital, plays, and live events. The company generates revenue through segments such as Advertisement, Airtime charges, Pay channel distribution revenue, Subscription revenue, Sale of rights, and Sales export revenue. It operates approximately channels in the Indian languages including Tamil, Telugu, Kannada, Malayalam, and Hindi. The company generates all of its revenue from Broadcasting.
51GF 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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