DSG (Diamond S Shipping Group) ROIC %: 3.67% (As of Mar. 2013)


What is Diamond S Shipping Group ROIC %?

Diamond S Shipping Group DSG ROIC % is 3.67% as of Mar. 2013. 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 %. Diamond S Shipping Group's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2013 was 3.67%.

As of today (2026-06-24), Diamond S Shipping Group's WACC % is 0.00%. Diamond S Shipping Group's ROIC % is 0.00% (calculated using TTM income statement data). Diamond S Shipping Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Diamond S Shipping Group  (NYSE:DSG) 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, Diamond S Shipping Group's WACC % is 0.00%. Diamond S Shipping Group's ROIC % is 0.00% (calculated using TTM income statement data). Diamond S Shipping Group 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.


Diamond S Shipping Group ROIC % Related Terms


Diamond S Shipping Group ROIC % Historical Data

* Premium members only.

The historical data trend for Diamond S Shipping Group'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.

Diamond S Shipping Group ROIC % Chart

Diamond S Shipping Group Annual Data
Trend Mar12 Mar13
ROIC %
0.67 3.67

Diamond S Shipping Group Semi-Annual Data
Mar12 Mar13
ROIC % 0.67 3.67

DSG vs PRGNF, TEUFF, BSTN: ROIC % Comparison

For the Marine Shipping subindustry, Diamond S Shipping Group'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.


Diamond S Shipping Group ROIC % vs Transportation Industry

For the Transportation industry and Industrials sector, Diamond S Shipping Group's ROIC % distribution charts can be found below:

* The bar in red indicates where Diamond S Shipping Group's ROIC % falls into.



Diamond S Shipping Group ROIC % Calculation

Diamond S Shipping Group's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2013 is calculated as:

ROIC % (A: Mar. 2013 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2012 ) + Invested Capital (A: Mar. 2013 ))/ count )
=44.381 * ( 1 - 0% )/( (1236.018 + 1184.364)/ 2 )
=44.381/1210.191
=3.67 %

where

Invested Capital(A: Mar. 2012 )
=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))
=1225.534 - 10.965 - ( 49.514 - max(0, 81.354 - 59.905+49.514))
=1236.018

Invested Capital(A: Mar. 2013 )
=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))
=1168.143 - 13.685 - ( 38.772 - max(0, 87.209 - 57.303+38.772))
=1184.364

Diamond S Shipping Group's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2013 is calculated as:

ROIC % (Q: Mar. 2013 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2012 ) + Invested Capital (Q: Mar. 2013 ))/ count )
=44.381 * ( 1 - 0% )/( (1236.018 + 1184.364)/ 2 )
=44.381/1210.191
=3.67 %

where

Invested Capital(Q: Mar. 2012 )
=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))
=1225.534 - 10.965 - ( 49.514 - max(0, 81.354 - 59.905+49.514))
=1236.018

Invested Capital(Q: Mar. 2013 )
=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))
=1168.143 - 13.685 - ( 38.772 - max(0, 87.209 - 57.303+38.772))
=1184.364

Note: The Operating Income data used here is one times the annual (Mar. 2013) 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 3.67% mean?
Diamond S Shipping Group (DSG) has a ROIC % of 3.67% as of Mar. 2013. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Diamond S Shipping Group and its competitors.
Is Diamond S Shipping Group's ROIC % too high?
Diamond S Shipping Group's current ROIC % is 3.67%. The Transportation industry median ROIC % is 4.69. Diamond S Shipping Group's value of 3.67% is 21.7% below this industry median.
How does Diamond S Shipping Group's ROIC % compare to PRGNF and TEUFF?
Diamond S Shipping Group's ROIC % of 3.67% can be compared against companies in the Transportation industry. The industry median ROIC % is 4.69. Diamond S Shipping Group's value of 3.67% is 21.7% 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 a Transportation company?
The median ROIC % among Transportation companies is 4.69, based on 994 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. Diamond S Shipping Group's current ROIC % of 3.67% is 21.7% 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 Diamond S Shipping Group 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. Diamond S Shipping Group's current ROIC % is 3.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diamond S Shipping Group stock overvalued right now?
Diamond S Shipping Group (DSG) has a current ROIC % of 3.67%. The current ROIC % is 3.67% and 21.7% below the Transportation industry median of 4.69. 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 Diamond S Shipping Group (DSG), the current ROIC % is 3.67% as of Mar. 2013. 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.

Diamond S Shipping Group Business Description

Diamond S Shipping Group Inc, is incorporated in Marshall Islands on July 31, 2013. The Company provides seaborne transportation of refined petroleum and other products in the international shipping markets. The Company is the owners and operators of medium range, or MR, product tankers. The Company's fleet currently consists of 33 MR product tankers built at Korean and Japanese shipyards. The Company competes on basis of price, vessel location, size, age and condition of the vessel. The Company is subject to various international conventions, national, state and local laws and regulations in the countries in which its vessels may operate or are registered.