Future Market Networks (BOM:533296) ROIC %: 3.96% (As of Mar. 2026)


BOM:533296 Future Market Networks Ltd BOM:533296
61 GF Score
Price ₹10.49
GF Value ₹8.05
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Future Market Networks ROIC %?

Future Market Networks BOM:533296 -0.19% 61 ROIC % is 3.96% as of Mar. 2026. GuruFocus rates BOM:533296 with a GF Score™ of 61/100 and a GF Value™ of ₹8.05 (Modestly Overvalued). The stock has 6 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 %. Future Market Networks's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 3.96%.

As of today (2026-07-07), Future Market Networks's WACC % is 9.49%. Future Market Networks's ROIC % is 4.76% (calculated using TTM income statement data). Future Market Networks earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Future Market Networks  (BOM:533296) 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, Future Market Networks's WACC % is 9.49%. Future Market Networks's ROIC % is 4.76% (calculated using TTM income statement data). Future Market Networks 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.


Future Market Networks ROIC % Related Terms


Future Market Networks ROIC % Historical Data

* Premium members only.

The historical data trend for Future Market Networks'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.

Future Market Networks ROIC % Chart

Future Market Networks Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.86 0.00 0.00 5.26 3.43

Future Market Networks Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.22 9.61 1.05 3.97 3.96

BOM:533296 vs CBRE, BEKE, JLL: ROIC % Comparison

For the Real Estate Services subindustry, Future Market Networks'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.


Future Market Networks ROIC % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Future Market Networks's ROIC % distribution charts can be found below:

* The bar in red indicates where Future Market Networks's ROIC % falls into.


BOM:533296
61GF Score
Future Market Networks Ltd BOM:533296
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Future Market Networks ROIC % Calculation

Future Market Networks'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 )
=115.678 * ( 1 - 0% )/( (3542.779 + 3212.013)/ 2 )
=115.678/3377.396
=3.43 %

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))
=3501.126 - 109.409 - ( 73.423 - max(0, 979.494 - 828.432+73.423))
=3542.779

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))
=3221.268 - 62.388 - ( 100.159 - max(0, 939.172 - 886.039+100.159))
=3212.013

Future Market Networks'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: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=127.252 * ( 1 - 0% )/( (0 + 3212.013)/ 1 )
=127.252/3212.013
=3.96 %

where

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))
=3221.268 - 62.388 - ( 100.159 - max(0, 939.172 - 886.039+100.159))
=3212.013

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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 3.96% mean?
Future Market Networks (BOM:533296) has a ROIC % of 3.96% 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 Future Market Networks and its competitors.
Is Future Market Networks' ROIC % too high?
Future Market Networks' current ROIC % is 3.96%. The Real Estate industry median ROIC % is 2.19. Future Market Networks' value of 3.96% is 80.8% above this industry median. Overall, Future Market Networks has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Future Market Networks' ROIC % compare to CBRE and BEKE?
Future Market Networks' ROIC % of 3.96% can be compared against companies in the Real Estate industry. The industry median ROIC % is 2.19. Future Market Networks' value of 3.96% is 80.8% 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 Real Estate company?
The median ROIC % among Real Estate companies is 2.19, based on 1,755 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. Future Market Networks's current ROIC % of 3.96% is 80.8% 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 Future Market Networks and its competitors. For the Real Estate industry, the median ROIC % is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Future Market Networks's current ROIC % is 3.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future Market Networks stock overvalued right now?
Based on GuruFocus' analysis, Future Market Networks (BOM:533296) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹8.05, compared to a current price of ₹10.49 — trading 30.3% above its estimated fair value. The current ROIC % is 3.96% and 80.8% above the Real Estate industry median of 2.19. Future Market Networks' overall GF Score™ is 61/100 with 6 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 Future Market Networks (BOM:533296), the current ROIC % is 3.96% 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 Future Market Networks (BOM:533296) Overvalued in 2026?

Based on GuruFocus' analysis, Future Market Networks stock appears to be overvalued. The current stock price of ₹10.49 is trading 30.3% above its estimated GF Value™ of ₹8.05. GuruFocus considers Future Market Networks to be Modestly Overvalued.

Key valuation signals for BOM:533296:

  • ROIC %: 3.96%
  • GF Value™: ₹8.05 vs. price of ₹10.49 (30.3% above fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 80.8% above the Real Estate median

No single metric tells the full story. See the BOM:533296 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Future Market Networks Business Description

Other Exchanges FMNL:India
Address Off Jogeshwari Vikhroli Link Road, Knowledge House, Shyam Nagar, Jogeshwari (East), Mumbai, MH, IND, 400060
Future Market Networks Ltd is engaged in the business of building capacity and enabling the infrastructure for future markets. The company operates in one business segment, which is Mall Management. The company has various businesses that are the Retail market, which manages and operates the shopping infrastructure; the Trade market, which provides a marketplace for buyers and sellers; and the Infra logistic market, which creates a logistics market. The company also focuses on project management consultancy. Rental income generates maximum revenue for the company.
61GF Score

Get the complete analysis for BOM:533296

ROIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹10.49
Price
₹8.05
GF Value