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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 %. Aastha Spintex's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2025 was 15.46%.
As of today (2026-07-25), Aastha Spintex's WACC % is 12.33%. Aastha Spintex's ROIC % is 15.46% (calculated using TTM income statement data).
Aastha Spintex 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.
Aastha Spintex (NSE:AASTHA) 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, Aastha Spintex's WACC % is 12.33%. Aastha Spintex's ROIC % is 15.46% (calculated using TTM income statement data).
Aastha Spintex 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.
Aastha Spintex ROIC % Related Terms
Aastha Spintex ROIC % Historical Data
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The historical data trend for Aastha Spintex'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.
Aastha Spintex ROIC % Chart
Aastha Spintex Annual Data
Trend
Mar23
Mar24
Mar25
ROIC %
4.75
15.36
15.46
Aastha Spintex Semi-Annual Data
Mar23
Mar24
Mar25
ROIC %
4.75
15.36
15.46
NSE:AASTHA vs : ROIC % Comparison
For the Textile Manufacturing subindustry, Aastha Spintex'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.
Aastha Spintex ROIC % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aastha Spintex's ROIC % distribution charts can be found below:
* The bar in red indicates where Aastha Spintex's ROIC % falls into.
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.
Aastha Spintex (NSE:AASTHA) has a ROIC % of 15.46% 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 Aastha Spintex and its competitors.
Is Aastha Spintex's ROIC % too high?
Aastha Spintex's current ROIC % is 15.46%. The Manufacturing - Apparel & Accessories industry median ROIC % is 2.91. Aastha Spintex's value of 15.46% is 431.3% above this industry median. Overall, Aastha Spintex has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Aastha Spintex's ROIC % compare to ?
Aastha Spintex's ROIC % of 15.46% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROIC % is 2.91. Aastha Spintex's value of 15.46% is 431.3% 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 Manufacturing - Apparel & Accessories company?
The median ROIC % among Manufacturing - Apparel & Accessories companies is 2.91, based on 1,045 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. Aastha Spintex's current ROIC % of 15.46% is 431.3% 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 Aastha Spintex and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROIC % is 2.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aastha Spintex's current ROIC % is 15.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aastha Spintex stock overvalued right now?
Aastha Spintex (NSE:AASTHA) has a current ROIC % of 15.46%. The current ROIC % is 15.46% and 431.3% above the Manufacturing - Apparel & Accessories industry median of 2.91. Aastha Spintex's 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 Aastha Spintex (NSE:AASTHA), the current ROIC % is 15.46% 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.
Aastha Spintex Ltd is engaged in the business of manufacturing and trading of carded, combed and compact combed cotton yarns and cotton bales. Its cotton bales are used for captive consumption in yarn production and are also supplied to other spinning units. The company's cotton yarn products are used in knitting and weaving applications across end-use segments including denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles, and industrial fabrics. The majority of the company's revenue is derived from the sale of Cotton Yarn.
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