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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 %. Shipwaves Online's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 5.92%.
As of today (2026-08-07), Shipwaves Online's WACC % is 12.58%. Shipwaves Online's ROIC % is 5.92% (calculated using TTM income statement data).
Shipwaves Online 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, Shipwaves Online's WACC % is 12.58%. Shipwaves Online's ROIC % is 5.92% (calculated using TTM income statement data).
Shipwaves Online 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.
Shipwaves Online ROIC % Related Terms
Shipwaves Online ROIC % Historical Data
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The historical data trend for Shipwaves Online'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.
Shipwaves Online ROIC % Chart
Shipwaves Online Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
ROIC %
12.78
23.58
24.59
5.92
Shipwaves Online Semi-Annual Data
Mar23
Mar24
Mar25
Mar26
ROIC %
12.78
23.58
24.59
5.92
Shipwaves Online ROIC % Competitor Comparison
For the Marine Shipping subindustry, Shipwaves Online'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.
Shipwaves Online ROIC % vs Transportation Industry
For the Transportation industry and Industrials sector, Shipwaves Online's ROIC % distribution charts can be found below:
* The bar in red indicates where Shipwaves Online's ROIC % falls into.
Note:
The Operating Income data used here is one times the 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.
Shipwaves Online (BOM:544646) has a ROIC % of 5.92% 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 Shipwaves Online and its competitors.
Is Shipwaves Online's ROIC % too high?
Shipwaves Online's current ROIC % is 5.92%. The Transportation industry median ROIC % is 4.69. Shipwaves Online's value of 5.92% is 26.2% above this industry median. Overall, Shipwaves Online has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Shipwaves Online's ROIC % compare to competitors?
Shipwaves Online's ROIC % of 5.92% can be compared against companies in the Transportation industry. The industry median ROIC % is 4.69. Shipwaves Online's value of 5.92% is 26.2% 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 Transportation company?
The median ROIC % among Transportation companies is 4.69, based on 990 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. Shipwaves Online's current ROIC % of 5.92% is 26.2% 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 Shipwaves Online and its competitors. For the Transportation industry, the median ROIC % is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shipwaves Online's current ROIC % is 5.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shipwaves Online stock overvalued right now?
Shipwaves Online (BOM:544646) has a current ROIC % of 5.92%. The current ROIC % is 5.92% and 26.2% above the Transportation industry median of 4.69. Shipwaves Online's overall GF Score™ is 16/100 with 7 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 Shipwaves Online (BOM:544646), the current ROIC % is 5.92% 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.
Shipwaves Online Ltd presents itself as a comprehensive, single unified platform designed to meet its client's shipping and logistical needs. Its expertise spans across multimodal transportation solutions, offering seamless end-to-end support for shipments across Ocean, Land, and Air. The company's platform is built to offer real-time visibility, ensuring that clients have full transparency and control over their logistics operations from the point of origin to the final destination. The Company offers two primary service categories-Digital Freight Forwarding and Enterprise SaaS Solutions-each designed to meet the evolving needs of businesses in the logistics and supply chain industry. The company generates majority of its revenue from Ocean Shipment.
16GF Score
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