C2C Advanced Systems (NSE:C2C) ROIC %: 20.85% (As of Mar. 2025)


NSE:C2C C2C Advanced Systems Ltd NSE:C2C
18 GF Score
Price ₹398.35
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What is C2C Advanced Systems ROIC %?

C2C Advanced Systems NSE:C2C +0.84% 18 ROIC % is 20.85% as of Mar. 2025. GuruFocus rates NSE:C2C with a GF Score™ of 18/100.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. C2C Advanced Systems's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2025 was 20.85%.

As of today (2026-06-30), C2C Advanced Systems's WACC % is 0.00%. C2C Advanced Systems's ROIC % is 0.00% (calculated using TTM income statement data). C2C Advanced Systems earns returns that do not match up to its cost of capital. It will destroy value as it grows.


C2C Advanced Systems  (NSE:C2C) 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, C2C Advanced Systems's WACC % is 0.00%. C2C Advanced Systems's ROIC % is 0.00% (calculated using TTM income statement data). C2C Advanced Systems 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.


C2C Advanced Systems ROIC % Related Terms


C2C Advanced Systems ROIC % Historical Data

* Premium members only.

The historical data trend for C2C Advanced Systems'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.

C2C Advanced Systems ROIC % Chart

C2C Advanced Systems Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
ROIC %
1.61 -27.96 23.23 32.21 18.18

C2C Advanced Systems Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25
ROIC % Get a 7-Day Free Trial 0.00 0.00 0.00 23.22 20.85

NSE:C2C vs IBM, ACN, FISV: ROIC % Comparison

For the Information Technology Services subindustry, C2C Advanced Systems'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.


C2C Advanced Systems ROIC % vs Software Industry

For the Software industry and Technology sector, C2C Advanced Systems's ROIC % distribution charts can be found below:

* The bar in red indicates where C2C Advanced Systems's ROIC % falls into.


NSE:C2C
18GF Score
C2C Advanced Systems Ltd NSE:C2C
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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C2C Advanced Systems ROIC % Calculation

C2C Advanced Systems's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2025 is calculated as:

ROIC % (A: Mar. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2024 ) + Invested Capital (A: Mar. 2025 ))/ count )
=397.601 * ( 1 - 29.87% )/( (666.464 + 2400.694)/ 2 )
=278.8375813/1533.579
=18.18 %

where

Invested Capital(A: Mar. 2024 )
=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))
=858.351 - 37.835 - ( 154.052 - max(0, 91.139 - 801.703+154.052))
=666.464

Invested Capital(A: Mar. 2025 )
=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))
=2624.483 - 53.872 - ( 169.917 - max(0, 543.835 - 2213.994+169.917))
=2400.694

C2C Advanced Systems's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2025 is calculated as:

ROIC % (Q: Mar. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Mar. 2025 ))/ count )
=527.478 * ( 1 - 31.83% )/( (1047.855 + 2400.694)/ 2 )
=359.5817526/1724.2745
=20.85 %

where

Invested Capital(Q: Sep. 2024 )
=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))
=1105.801 - 38.791 - ( 19.155 - max(0, 241.29 - 1055.399+19.155))
=1047.855

Invested Capital(Q: Mar. 2025 )
=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))
=2624.483 - 53.872 - ( 169.917 - max(0, 543.835 - 2213.994+169.917))
=2400.694

Note: The Operating Income data used here is two times the semi-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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 20.85% mean?
C2C Advanced Systems (NSE:C2C) has a ROIC % of 20.85% 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 C2C Advanced Systems and its competitors.
Is C2C Advanced Systems' ROIC % too high?
C2C Advanced Systems' current ROIC % is 20.85%. The Software industry median ROIC % is 3.04. C2C Advanced Systems' value of 20.85% is 587% above this industry median. Overall, C2C Advanced Systems has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does C2C Advanced Systems' ROIC % compare to IBM and ACN?
C2C Advanced Systems' ROIC % of 20.85% can be compared against companies in the Software industry. The industry median ROIC % is 3.04. C2C Advanced Systems' value of 20.85% is 587% 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 Software company?
The median ROIC % among Software companies is 3.04, based on 2,826 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. C2C Advanced Systems's current ROIC % of 20.85% is 587% 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 C2C Advanced Systems and its competitors. For the Software industry, the median ROIC % is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. C2C Advanced Systems's current ROIC % is 20.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is C2C Advanced Systems stock overvalued right now?
C2C Advanced Systems (NSE:C2C) has a current ROIC % of 20.85%. The current ROIC % is 20.85% and 587% above the Software industry median of 3.04. C2C Advanced Systems' overall GF Score™ is 18/100. 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 C2C Advanced Systems (NSE:C2C), the current ROIC % is 20.85% 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.

C2C Advanced Systems Business Description

Address C4, Anand Niketan, New Delhi, IND, 110 021
C2C Advanced Systems Ltd is a vertically integrated Defence electronics solutions provider catering to the indigenously developed defence products industry in India. The company has developed several offerings which cater to the entire spectrum of defence platforms both in the air and in the sea. It has design capabilities across the entire spectrum of strategic defence solutions including processors, power, radio frequencies (RF), radars and microwaves, embedded software and firmware. its core competencies include hardware design and development, software design and development, mechanical design and development, product prototype design and development, functional testing and validation, environment testing and verification and engineering services opportunities.
18GF Score

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