ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Focus Lighting and Fixtures's annualized return on invested capital (ROIC %) for the quarter that ended in Sep. 2025 was 3.93%.
As of today (2026-06-30), Focus Lighting and Fixtures's WACC % is 13.91%. Focus Lighting and Fixtures's ROIC % is 2.38% (calculated using TTM income statement data).
Focus Lighting and Fixtures earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Focus Lighting and Fixtures (NSE:FOCUS) 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, Focus Lighting and Fixtures's WACC % is 13.91%. Focus Lighting and Fixtures's ROIC % is 2.38% (calculated using TTM income statement data).
Focus Lighting and Fixtures 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.
Focus Lighting and Fixtures ROIC % Related Terms
Focus Lighting and Fixtures 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.
For the Furnishings, Fixtures & Appliances subindustry, Focus Lighting and Fixtures'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.
Focus Lighting and Fixtures ROIC % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Focus Lighting and Fixtures's ROIC % distribution charts can be found below:
* The bar in red indicates where Focus Lighting and Fixtures's ROIC % falls into.
Note:
The Operating Income data used here is two times the semi-annual (Sep. 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.
Focus Lighting and Fixtures (NSE:FOCUS) has a ROIC % of 3.93% as of Sep. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Focus Lighting and Fixtures and its competitors.
Is Focus Lighting and Fixtures' ROIC % too high?
Focus Lighting and Fixtures' current ROIC % is 3.93%. The Furnishings, Fixtures & Appliances industry median ROIC % is 3.45. Focus Lighting and Fixtures' value of 3.93% is 13.9% above this industry median. Overall, Focus Lighting and Fixtures has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Focus Lighting and Fixtures' ROIC % compare to SN and SGI?
Focus Lighting and Fixtures' ROIC % of 3.93% can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median ROIC % is 3.45. Focus Lighting and Fixtures' value of 3.93% is 13.9% 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 Furnishings, Fixtures & Appliances company?
The median ROIC % among Furnishings, Fixtures & Appliances companies is 3.45, based on 427 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. Focus Lighting and Fixtures's current ROIC % of 3.93% is 13.9% 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 Focus Lighting and Fixtures and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROIC % is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Focus Lighting and Fixtures's current ROIC % is 3.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Focus Lighting and Fixtures stock overvalued right now?
Based on GuruFocus' analysis, Focus Lighting and Fixtures (NSE:FOCUS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹114.55, compared to a current price of ₹90.01 — trading 21.4% below its estimated fair value. The current ROIC % is 3.93% and 13.9% above the Furnishings, Fixtures & Appliances industry median of 3.45. Focus Lighting and Fixtures' overall GF Score™ is 95/100 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 Focus Lighting and Fixtures (NSE:FOCUS), the current ROIC % is 3.93% as of Sep. 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.
Is Focus Lighting and Fixtures (NSE:FOCUS) Overvalued in 2026?
Based on GuruFocus' analysis, Focus Lighting and Fixtures stock appears to be undervalued.
The current stock price of ₹90.01 is trading 21.4% below its estimated GF Value™ of ₹114.55.
GuruFocus considers Focus Lighting and Fixtures to be Modestly Undervalued.
Key valuation signals for NSE:FOCUS:
ROIC %: 3.93%
GF Value™: ₹114.55 vs. price of ₹90.01 (21.4% below fair value)
Industry Position: 13.9% above the Furnishings, Fixtures & Appliances median
No single metric tells the full story. See the NSE:FOCUS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Focus Lighting and Fixtures Ltd provide lighting fixtures. The company has two reportable segments namely trading and manufacturing activities. It generates maximum revenue from the Trading segment. The company products include cabinet lights, lighting systems, pendants, recessed, semi-recessed, surface, track, and trimless.
95GF Score
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