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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 %. Hindustan Copper's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 47.50%.
As of today (2026-07-20), Hindustan Copper's WACC % is 18.88%. Hindustan Copper's ROIC % is 25.83% (calculated using TTM income statement data).
Hindustan Copper 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.
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, Hindustan Copper's WACC % is 18.88%. Hindustan Copper's ROIC % is 25.83% (calculated using TTM income statement data).
Hindustan Copper 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.
Hindustan Copper ROIC % Related Terms
Hindustan Copper ROIC % Historical Data
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The historical data trend for Hindustan Copper'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 Copper subindustry, Hindustan Copper'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.
Hindustan Copper ROIC % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Hindustan Copper's ROIC % distribution charts can be found below:
* The bar in red indicates where Hindustan Copper'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.
Hindustan Copper (NSE:HINDCOPPER) has a ROIC % of 47.50% 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 Hindustan Copper and its competitors.
Is Hindustan Copper's ROIC % too high?
Hindustan Copper's current ROIC % is 47.50%. Overall, Hindustan Copper has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Copper's ROIC % compare to SCCO and FCX?
Hindustan Copper's ROIC % of 47.50% can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good ROIC % depends on the Metals & Mining 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 Hindustan Copper and its competitors. Hindustan Copper's current ROIC % is 47.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Copper stock overvalued right now?
Based on GuruFocus' analysis, Hindustan Copper (NSE:HINDCOPPER) is currently considered Fairly Valued. The stock's GF Value™ is ₹508.90, compared to a current price of ₹486.15 — trading 4.5% below its estimated fair value. The current ROIC % is 47.50%. Hindustan Copper's overall GF Score™ is 90/100. 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 Hindustan Copper (NSE:HINDCOPPER), the current ROIC % is 47.50% 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 Hindustan Copper (NSE:HINDCOPPER) Overvalued in 2026?
Based on GuruFocus' analysis, Hindustan Copper stock appears to be undervalued.
The current stock price of ₹486.15 is trading 4.5% below its estimated GF Value™ of ₹508.90.
GuruFocus considers Hindustan Copper to be Fairly Valued.
Key valuation signals for NSE:HINDCOPPER:
ROIC %: 47.50%
GF Value™: ₹508.90 vs. price of ₹486.15 (4.5% below fair value)
No single metric tells the full story. See the NSE:HINDCOPPER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hindustan Copper Ltd is a copper production company. It is engaged in the exploration, exploitation, and mining of copper and copper ore including beneficiation of minerals, smelting, and refining. The company's product portfolio includes continuous cast copper wire rods, copper cathodes, copper sulphate, sulphuric acid, anode slime, and others. The company is predominantly engaged in the business of manufacturing and sale of copper products. Geographically, it operates only in India.
90GF Score
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