Sangani Hospitals (NSE:SANGANI) ROIC %: 22.27% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:SANGANI Sangani Hospitals Ltd NSE:SANGANI
81 GF Score
Price ₹48.75
GF Value ₹303.41
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Sangani Hospitals ROIC %?

Sangani Hospitals NSE:SANGANI -2.30% 81 ROIC % is 22.27% as of Mar. 2026. GuruFocus rates NSE:SANGANI with a GF Score™ of 81/100 and a GF Value™ of ₹303.41 (Possible Value Trap). The stock has 7 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Sangani Hospitals's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 22.27%.

As of today (2026-09-21), Sangani Hospitals's WACC % is 7.42%. Sangani Hospitals's ROIC % is 15.72% (calculated using TTM income statement data). Sangani Hospitals 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.


Sangani Hospitals  (NSE:SANGANI) 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, Sangani Hospitals's WACC % is 7.42%. Sangani Hospitals's ROIC % is 15.72% (calculated using TTM income statement data). Sangani Hospitals 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.


Sangani Hospitals ROIC % Related Terms


Sangani Hospitals ROIC % Historical Data

* Premium members only.

The historical data trend for Sangani Hospitals'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.

Sangani Hospitals ROIC % Chart

Sangani Hospitals Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROIC %
Get a 7-Day Free Trial 49.70 17.19 14.27 7.97 16.67

Sangani Hospitals Semi-Annual Data
Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROIC % Get a 7-Day Free Trial 13.20 14.13 2.70 6.09 22.27

NSE:SANGANI vs HCA, THC, EHC: ROIC % Comparison

For the Medical Care Facilities subindustry, Sangani Hospitals'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.


Sangani Hospitals ROIC % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Sangani Hospitals's ROIC % distribution charts can be found below:

* The bar in red indicates where Sangani Hospitals's ROIC % falls into.


NSE:SANGANI
81GF Score
Sangani Hospitals Ltd NSE:SANGANI
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sangani Hospitals ROIC % Calculation

Sangani Hospitals's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2026 is calculated as:

ROIC % (A: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2025 ) + Invested Capital (A: Mar. 2026 ))/ count )
=71.145 * ( 1 - 27.939% )/( (199.961 + 415.128)/ 2 )
=51.26779845/307.5445
=16.67 %

where

Invested Capital(A: Mar. 2026 )
=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))
=1136.419 - 562.901 - ( 158.39 - max(0, 608.881 - 813.149+158.39))
=415.128

Sangani Hospitals's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=120.376 * ( 1 - 29.073% )/( (351.713 + 415.128)/ 2 )
=85.37908552/383.4205
=22.27 %

where

Invested Capital(Q: Mar. 2026 )
=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))
=1136.419 - 562.901 - ( 158.39 - max(0, 608.881 - 813.149+158.39))
=415.128

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

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 22.27% mean?
Sangani Hospitals (NSE:SANGANI) has a ROIC % of 22.27% 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 Sangani Hospitals and its competitors.
Is Sangani Hospitals' ROIC % too high?
Sangani Hospitals' current ROIC % is 22.27%. The Healthcare Providers & Services industry median ROIC % is 3.24. Sangani Hospitals' value of 22.27% is 588.4% above this industry median. Overall, Sangani Hospitals 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 Sangani Hospitals' ROIC % compare to HCA and THC?
Sangani Hospitals' ROIC % of 22.27% can be compared against companies in the Healthcare Providers & Services industry. The industry median ROIC % is 3.24. Sangani Hospitals' value of 22.27% is 588.4% 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 Healthcare Providers & Services company?
The median ROIC % among Healthcare Providers & Services companies is 3.24, based on 680 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. Sangani Hospitals's current ROIC % of 22.27% is 588.4% 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 Sangani Hospitals and its competitors. For the Healthcare Providers & Services industry, the median ROIC % is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sangani Hospitals's current ROIC % is 22.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sangani Hospitals stock overvalued right now?
Based on GuruFocus' analysis, Sangani Hospitals (NSE:SANGANI) is currently considered Possible Value Trap. The stock's GF Value™ is ₹303.41, compared to a current price of ₹48.75 — trading 83.9% below its estimated fair value. The current ROIC % is 22.27% and 588.4% above the Healthcare Providers & Services industry median of 3.24. Sangani Hospitals' overall GF Score™ is 81/100 with 7 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 Sangani Hospitals (NSE:SANGANI), the current ROIC % is 22.27% 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 Sangani Hospitals (NSE:SANGANI) Overvalued in 2026?

Based on GuruFocus' analysis, Sangani Hospitals stock appears to be undervalued. The current stock price of ₹48.75 is trading 83.9% below its estimated GF Value™ of ₹303.41. GuruFocus considers Sangani Hospitals to be Possible Value Trap.

Key valuation signals for NSE:SANGANI:

  • ROIC %: 22.27%
  • GF Value™: ₹303.41 vs. price of ₹48.75 (83.9% below fair value)
  • GF Score™: 81/100 with 7 warning signs
  • Industry Position: 588.4% above the Healthcare Providers & Services median

No single metric tells the full story. See the NSE:SANGANI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sangani Hospitals Business Description

Address Sainath Society, Opp. S. T., KSD T, Taluka Keshod, Junagadh, GJ, IND, 362220
Sangani Hospitals Ltd is a multi-specialty healthcare provider operating in the Keshod and Veraval regions of Gujarat. Its services predominantly include super specialty services, specialty services, and other support services. It also operates a pathology laboratory and medical store. Currently, it operates out of two hospitals i.e. Sangani Hospital at Keshod, Junagadh, Gujarat and Sangani Super Speciality Hospital, Veraval, Gujarat. The company operates in a single segment, which is Healthcare. The company operates departments and units, including General Medicine, ENT, Dialysis, Orthopedics, General Surgery, Urosurgery, Trauma, and Physiotherapy.
81GF Score

Get the complete analysis for NSE:SANGANI

ROIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹48.75
Price
₹303.41
GF Value