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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 %. Bhavik Enterprises's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 23.04%.
As of today (2026-08-12), Bhavik Enterprises's WACC % is 13.02%. Bhavik Enterprises's ROIC % is 11.52% (calculated using TTM income statement data).
Bhavik Enterprises earns returns that do not match up to its cost of capital. It will destroy value as it grows.
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, Bhavik Enterprises's WACC % is 13.02%. Bhavik Enterprises's ROIC % is 11.52% (calculated using TTM income statement data).
Bhavik Enterprises 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.
Bhavik Enterprises ROIC % Related Terms
Bhavik Enterprises ROIC % Historical Data
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The historical data trend for Bhavik Enterprises'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.
Bhavik Enterprises ROIC % Chart
Bhavik Enterprises Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Mar26
ROIC %
20.74
55.30
11.58
5.22
17.23
Bhavik Enterprises Semi-Annual Data
Mar22
Mar23
Mar24
Mar25
Mar26
ROIC %
0.00
0.00
0.00
-3.38
23.04
BOM:544551 vs LIN, SHW, ECL: ROIC % Comparison
For the Specialty Chemicals subindustry, Bhavik Enterprises'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.
Bhavik Enterprises ROIC % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Bhavik Enterprises's ROIC % distribution charts can be found below:
* The bar in red indicates where Bhavik Enterprises's ROIC % falls into.
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.
Bhavik Enterprises (BOM:544551) has a ROIC % of 23.04% 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 Bhavik Enterprises and its competitors.
Is Bhavik Enterprises' ROIC % too high?
Bhavik Enterprises' current ROIC % is 23.04%. The Chemicals industry median ROIC % is 4.56. Bhavik Enterprises' value of 23.04% is 405.3% above this industry median. Overall, Bhavik Enterprises has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Bhavik Enterprises' ROIC % compare to LIN and SHW?
Bhavik Enterprises' ROIC % of 23.04% can be compared against companies in the Chemicals industry. The industry median ROIC % is 4.56. Bhavik Enterprises' value of 23.04% is 405.3% 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 Chemicals company?
The median ROIC % among Chemicals companies is 4.56, based on 1,584 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. Bhavik Enterprises's current ROIC % of 23.04% is 405.3% 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 Bhavik Enterprises and its competitors. For the Chemicals industry, the median ROIC % is 4.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bhavik Enterprises's current ROIC % is 23.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhavik Enterprises stock overvalued right now?
Bhavik Enterprises (BOM:544551) has a current ROIC % of 23.04%. The current ROIC % is 23.04% and 405.3% above the Chemicals industry median of 4.56. Bhavik Enterprises' overall GF Score™ is 19/100 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 Bhavik Enterprises (BOM:544551), the current ROIC % is 23.04% 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.
Bhavik Enterprises Ltd is engaged in trading polymers, mainly Polyethylene (PE) and Polypropylene (PP), used in industries such as packaging, infrastructure, and agriculture. Its product portfolio under PE includes LLDPE, LDPE, HDPE, and MLLDPE, and under PP includes Homo polymer, Impact Co-polymer, and Random Co-polymer. The Company follows a Stock & Sale business model, importing materials, storing them at warehouses and depots, and selling them to manufacturers of plastic products such as pipes, films, foam, woven sack bags, nonwoven fabric, pails, crates, houseware products, suitcases, and thin wall containers. The Company operates in one reportable segment, Wholesale Trading Business, providing a diverse product range to cater to a diversified clientele base.
19GF Score
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