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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 %. Anand Rathi Share and Stock Brokers's annualized return on invested capital (ROIC %) for the quarter that ended in Jun. 2026 was -4.81%.
As of today (2026-07-19), Anand Rathi Share and Stock Brokers's WACC % is 13.27%. Anand Rathi Share and Stock Brokers's ROIC % is -5.96% (calculated using TTM income statement data).
Anand Rathi Share and Stock Brokers earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Anand Rathi Share and Stock Brokers (NSE:ARSSBL) 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, Anand Rathi Share and Stock Brokers's WACC % is 13.27%. Anand Rathi Share and Stock Brokers's ROIC % is -5.96% (calculated using TTM income statement data).
Anand Rathi Share and Stock Brokers 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.
Anand Rathi Share and Stock Brokers ROIC % Related Terms
Anand Rathi Share and Stock Brokers ROIC % Historical Data
* 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.
Anand Rathi Share and Stock Brokers ROIC % Chart
Anand Rathi Share and Stock Brokers Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Mar26
ROIC %
10.51
9.57
13.14
11.45
11.59
Anand Rathi Share and Stock Brokers Quarterly Data
For the Financial Conglomerates subindustry, Anand Rathi Share and Stock Brokers'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.
Anand Rathi Share and Stock Brokers ROIC % vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Anand Rathi Share and Stock Brokers's ROIC % distribution charts can be found below:
* The bar in red indicates where Anand Rathi Share and Stock Brokers's ROIC % falls into.
Note:
The Operating Income data used here is four times the quarterly (Jun. 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.
Anand Rathi Share and Stock Brokers (NSE:ARSSBL) has a ROIC % of -4.81% as of Jun. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Anand Rathi Share and Stock Brokers and its competitors.
Is Anand Rathi Share and Stock Brokers' ROIC % too high?
Anand Rathi Share and Stock Brokers' current ROIC % is -4.81%. Overall, Anand Rathi Share and Stock Brokers has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Anand Rathi Share and Stock Brokers' ROIC % compare to VOYA and FRHC?
Anand Rathi Share and Stock Brokers' ROIC % of -4.81% can be compared against companies in the Diversified Financial Services industry. 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 Diversified Financial Services company?
A good ROIC % depends on the Diversified Financial Services industry context. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Anand Rathi Share and Stock Brokers and its competitors. Anand Rathi Share and Stock Brokers's current ROIC % is -4.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anand Rathi Share and Stock Brokers stock overvalued right now?
Anand Rathi Share and Stock Brokers (NSE:ARSSBL) has a current ROIC % of -4.81%. The current ROIC % is -4.81%. Anand Rathi Share and Stock Brokers' overall GF Score™ is 16/100 with 2 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 Anand Rathi Share and Stock Brokers (NSE:ARSSBL), the current ROIC % is -4.81% as of Jun. 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.
Anand Rathi Share and Stock Brokers Business Description
Anand Rathi Share and Stock Brokers Ltd is a financial services conglomerate in India. The company operates as a full-service brokerage firm operating across capital markets, offering broking services and non broking services. The non brokingservices includes margin trading facilities and distribution ofinvestment products across asset classes. The services of the company include Investment services across multiple asset classes, Wealth Management, NBFC, Insurance Broking, Institutional Equities & Investment Banking. The company operates in single segment namely broking and related services.
16GF Score
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