CSSV (Caspian Services) ROIC %: 3.20% (As of Jun. 2016)


What is Caspian Services ROIC %?

Caspian Services CSSV ROIC % is 3.20% as of Jun. 2016.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Caspian Services's annualized return on invested capital (ROIC %) for the quarter that ended in Jun. 2016 was 3.20%.

As of today (2026-06-25), Caspian Services's WACC % is 0.00%. Caspian Services's ROIC % is 0.00% (calculated using TTM income statement data). Caspian Services earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Caspian Services  (OTCPK:CSSV) 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, Caspian Services's WACC % is 0.00%. Caspian Services's ROIC % is 0.00% (calculated using TTM income statement data). Caspian Services 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.


Caspian Services ROIC % Related Terms


Caspian Services ROIC % Historical Data

* Premium members only.

The historical data trend for Caspian Services'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.

Caspian Services ROIC % Chart

Caspian Services Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.64 -3.79 -1.38 -0.93 -4.54

Caspian Services Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 -3.86 -2.54 -2.75 -3.23 3.20

CSSV vs GLRI, TIRTZ, GLFH: ROIC % Comparison

For the Oil & Gas Equipment & Services subindustry, Caspian Services'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.


Caspian Services ROIC % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Caspian Services's ROIC % distribution charts can be found below:

* The bar in red indicates where Caspian Services's ROIC % falls into.



Caspian Services ROIC % Calculation

Caspian Services's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Sep. 2015 is calculated as:

ROIC % (A: Sep. 2015 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Sep. 2014 ) + Invested Capital (A: Sep. 2015 ))/ count )
=-6.677 * ( 1 - 3.02% )/( (147.461 + 137.59)/ 2 )
=-6.4753546/142.5255
=-4.54 %

where

Caspian Services's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Jun. 2016 is calculated as:

ROIC % (Q: Jun. 2016 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2016 ) + Invested Capital (Q: Jun. 2016 ))/ count )
=4.364 * ( 1 - 0% )/( (135.396 + 137.157)/ 2 )
=4.364/136.2765
=3.20 %

where

Note: The Operating Income data used here is four times the quarterly (Jun. 2016) 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 3.20% mean?
Caspian Services (CSSV) has a ROIC % of 3.20% as of Jun. 2016. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Caspian Services and its competitors.
Is Caspian Services' ROIC % too high?
Caspian Services' current ROIC % is 3.20%. The Oil & Gas industry median ROIC % is 3.63. Caspian Services' value of 3.20% is 11.8% below this industry median.
How does Caspian Services' ROIC % compare to GLRI and TIRTZ?
Caspian Services' ROIC % of 3.20% can be compared against companies in the Oil & Gas industry. The industry median ROIC % is 3.63. Caspian Services' value of 3.20% is 11.8% 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 an Oil & Gas company?
The median ROIC % among Oil & Gas companies is 3.63, based on 997 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. Caspian Services's current ROIC % of 3.20% is 11.8% 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 Caspian Services and its competitors. For the Oil & Gas industry, the median ROIC % is 3.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caspian Services's current ROIC % is 3.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caspian Services stock overvalued right now?
Caspian Services (CSSV) has a current ROIC % of 3.20%. The current ROIC % is 3.20% and 11.8% below the Oil & Gas industry median of 3.63. 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 Caspian Services (CSSV), the current ROIC % is 3.20% as of Jun. 2016. 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.

Caspian Services Business Description

Industry EnergyOil & Gas
Address 2319 Foothill Drive, Suite 160, Salt Lake City, UT, USA, 84109
Caspian Services Inc provides oilfield services to oil & gas industry in Kazakhstan. The company operates in three reportable segments including Vessel operations, Geophysical services, and Marine base services. Vessel operations consist of chartering a fleet of shallow draft offshore support vessels to customers performing oil and gas exploration activities in the Caspian Sea. Geophysical services consist of providing seismic data acquisition services to oil and gas companies operating onshore in Kazakhstan. Marine base service consists of operating a marine base with a boat repair and drydocking services yard located at the port of Bautino on the North Caspian Sea. It generates the majority of the revenue from Vessel operations segment.