M R Maniveni Foods (BOM:544768) ROIC %: 15.37% (As of Mar. 2025)

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BOM:544768 M R Maniveni Foods Ltd BOM:544768
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What is M R Maniveni Foods ROIC %?

M R Maniveni Foods BOM:544768 +3.67% 14 ROIC % is 15.37% as of Mar. 2025. GuruFocus rates BOM:544768 with a GF Score™ of 14/100. The stock has 1 warning sign 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 %. M R Maniveni Foods's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2025 was 15.37%.

As of today (2026-08-13), M R Maniveni Foods's WACC % is 11.50%. M R Maniveni Foods's ROIC % is 15.37% (calculated using TTM income statement data). M R Maniveni Foods generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


M R Maniveni Foods  (BOM:544768) 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, M R Maniveni Foods's WACC % is 11.50%. M R Maniveni Foods's ROIC % is 15.37% (calculated using TTM income statement data). M R Maniveni Foods generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


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.


M R Maniveni Foods ROIC % Related Terms


M R Maniveni Foods ROIC % Historical Data

* Premium members only.

The historical data trend for M R Maniveni Foods'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.

M R Maniveni Foods ROIC % Chart

M R Maniveni Foods Annual Data
Trend Mar23 Mar24 Mar25
ROIC %
11.32 11.93 15.37

M R Maniveni Foods Semi-Annual Data
Mar23 Mar24 Mar25
ROIC % 11.32 11.93 15.37

BOM:544768 vs ADM, BG, TSN: ROIC % Comparison

For the Farm Products subindustry, M R Maniveni Foods'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.


M R Maniveni Foods ROIC % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, M R Maniveni Foods's ROIC % distribution charts can be found below:

* The bar in red indicates where M R Maniveni Foods's ROIC % falls into.


BOM:544768
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M R Maniveni Foods Ltd BOM:544768
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M R Maniveni Foods ROIC % Calculation

M R Maniveni Foods's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2025 is calculated as:

ROIC % (A: Mar. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2024 ) + Invested Capital (A: Mar. 2025 ))/ count )
=67.938 * ( 1 - 23.53% )/( (281.963 + 394.237)/ 2 )
=51.9521886/338.1
=15.37 %

where

M R Maniveni Foods's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2025 is calculated as:

ROIC % (Q: Mar. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Mar. 2025 ))/ count )
=67.938 * ( 1 - 23.53% )/( (281.963 + 394.237)/ 2 )
=51.9521886/338.1
=15.37 %

where

Note: The Operating Income data used here is one times the annual (Mar. 2025) 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 15.37% mean?
M R Maniveni Foods (BOM:544768) has a ROIC % of 15.37% as of Mar. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on M R Maniveni Foods and its competitors.
Is M R Maniveni Foods' ROIC % too high?
M R Maniveni Foods' current ROIC % is 15.37%. The Consumer Packaged Goods industry median ROIC % is 5.32. M R Maniveni Foods' value of 15.37% is 188.9% above this industry median. Overall, M R Maniveni Foods has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does M R Maniveni Foods' ROIC % compare to ADM and BG?
M R Maniveni Foods' ROIC % of 15.37% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROIC % is 5.32. M R Maniveni Foods' value of 15.37% is 188.9% 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 Consumer Packaged Goods company?
The median ROIC % among Consumer Packaged Goods companies is 5.32, based on 1,945 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. M R Maniveni Foods's current ROIC % of 15.37% is 188.9% 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 M R Maniveni Foods and its competitors. For the Consumer Packaged Goods industry, the median ROIC % is 5.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M R Maniveni Foods's current ROIC % is 15.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M R Maniveni Foods stock overvalued right now?
M R Maniveni Foods (BOM:544768) has a current ROIC % of 15.37%. The current ROIC % is 15.37% and 188.9% above the Consumer Packaged Goods industry median of 5.32. M R Maniveni Foods' overall GF Score™ is 14/100 with 1 warning sign 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 M R Maniveni Foods (BOM:544768), the current ROIC % is 15.37% as of Mar. 2025. 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.

M R Maniveni Foods Business Description

Address Survey No.220/3A-3B, Madhavaram-Redhills High Road, Near Vadaperumbakkam, Madhavaram, Chennai, TN, IND, 600060
M R Maniveni Foods Ltd is mainly engaged in the manufacture, processing, packaging, and sale of food products, including urad dal and tur dal. The main business was trading of pulses and rice in Kerala and other southern states of India. The Company is engaged in the production and wholesale supply of pulses and procures raw whole pulses directly from farmers for processing through soaking, drying, de-husking, splitting, polishing, and packaging. Its products include Urad Dhal, Toor Dhal, Moong Dhal, and Channa Dhal. Its products are distributed across domestic and international markets through retail, wholesale, and direct-to-consumer channels. Its customer base is mainly in the B2B segment and includes supermarkets, wholesalers, large-format retailers, and e-commerce platforms.
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