ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Brightcom Group's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 8.29%.
As of today (2026-06-30), Brightcom Group's WACC % is 13.23%. Brightcom Group's ROIC % is 10.67% (calculated using TTM income statement data).
Brightcom Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Brightcom Group (NSE:BCG) 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, Brightcom Group's WACC % is 13.23%. Brightcom Group's ROIC % is 10.67% (calculated using TTM income statement data).
Brightcom 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.
Brightcom Group ROIC % Related Terms
Brightcom Group ROIC % Historical Data
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The historical data trend for Brightcom 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.
For the Advertising Agencies subindustry, Brightcom 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.
Brightcom Group ROIC % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Brightcom Group's ROIC % distribution charts can be found below:
* The bar in red indicates where Brightcom Group's ROIC % falls into.
Note:
The Operating Income data used here is four times the quarterly (Mar. 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.
Brightcom Group (NSE:BCG) has a ROIC % of 8.29% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Brightcom Group and its competitors.
Is Brightcom Group's ROIC % too high?
Brightcom Group's current ROIC % is 8.29%. The Media - Diversified industry median ROIC % is 1.40. Brightcom Group's value of 8.29% is 492.1% above this industry median. Overall, Brightcom Group has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Brightcom Group's ROIC % compare to APP and OMC?
Brightcom Group's ROIC % of 8.29% can be compared against companies in the Media - Diversified industry. The industry median ROIC % is 1.40. Brightcom Group's value of 8.29% is 492.1% 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 Media - Diversified company?
The median ROIC % among Media - Diversified companies is 1.40, based on 1,009 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. Brightcom Group's current ROIC % of 8.29% is 492.1% 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 Brightcom Group and its competitors. For the Media - Diversified industry, the median ROIC % is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brightcom Group's current ROIC % is 8.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brightcom Group stock overvalued right now?
Based on GuruFocus' analysis, Brightcom Group (NSE:BCG) is currently considered Possible Value Trap. The stock's GF Value™ is ₹15.40, compared to a current price of ₹9.83 — trading 36.2% below its estimated fair value. The current ROIC % is 8.29% and 492.1% above the Media - Diversified industry median of 1.40. Brightcom Group's overall GF Score™ is 81/100 with 6 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 Brightcom Group (NSE:BCG), the current ROIC % is 8.29% as of Mar. 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.
Is Brightcom Group (NSE:BCG) Overvalued in 2026?
Based on GuruFocus' analysis, Brightcom Group stock appears to be undervalued.
The current stock price of ₹9.83 is trading 36.2% below its estimated GF Value™ of ₹15.40.
GuruFocus considers Brightcom Group to be Possible Value Trap.
Key valuation signals for NSE:BCG:
ROIC %: 8.29%
GF Value™: ₹15.40 vs. price of ₹9.83 (36.2% below fair value)
Industry Position: 492.1% above the Media - Diversified median
No single metric tells the full story. See the NSE:BCG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Brightcom Group Ltd is an Indian service company engaged in providing digital marketing services and developing computer software and services both locally and internationally. The company operates through two segments: Digital Marketing and Software Development. Brightcom provides digital marketing solutions to businesses, agencies, and online publishers internationally. Additionally, it offers enterprise solutions, specializing in enterprise resource planning (ERP), Microsoft, and open-source system development. The company generates revenue from the sale of domestic services, export services, and software exports, with the majority of its revenue coming from the Digital Marketing segment, mainly through the sale of service exports.
81GF Score
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