Smartworks Coworking Spaces (NSE:SMARTWORKS) ROIC %: 4.07% (As of Dec. 2025)


NSE:SMARTWORKS Smartworks Coworking Spaces Ltd NSE:SMARTWORKS
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What is Smartworks Coworking Spaces ROIC %?

Smartworks Coworking Spaces NSE:SMARTWORKS -1.36% 5 ROIC % is 4.07% as of Dec. 2025. GuruFocus rates NSE:SMARTWORKS with a GF Score™ of 5/100. The stock has 4 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 %. Smartworks Coworking Spaces's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 4.07%.

As of today (2026-07-04), Smartworks Coworking Spaces's WACC % is 10.16%. Smartworks Coworking Spaces's ROIC % is 2.10% (calculated using TTM income statement data). Smartworks Coworking Spaces earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Smartworks Coworking Spaces  (NSE:SMARTWORKS) 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, Smartworks Coworking Spaces's WACC % is 10.16%. Smartworks Coworking Spaces's ROIC % is 2.10% (calculated using TTM income statement data). Smartworks Coworking Spaces 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.


Smartworks Coworking Spaces ROIC % Related Terms


Smartworks Coworking Spaces ROIC % Historical Data

* Premium members only.

The historical data trend for Smartworks Coworking Spaces'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.

Smartworks Coworking Spaces ROIC % Chart

Smartworks Coworking Spaces Annual Data
Trend Mar22 Mar23 Mar24 Mar25
ROIC %
-0.01 1.42 3.07 3.55

Smartworks Coworking Spaces Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25
ROIC % Get a 7-Day Free Trial 3.44 0.00 0.21 3.52 4.07

NSE:SMARTWORKS vs CBRE, BEKE, JLL: ROIC % Comparison

For the Real Estate Services subindustry, Smartworks Coworking Spaces'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.


Smartworks Coworking Spaces ROIC % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Smartworks Coworking Spaces's ROIC % distribution charts can be found below:

* The bar in red indicates where Smartworks Coworking Spaces's ROIC % falls into.


NSE:SMARTWORKS
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Smartworks Coworking Spaces Ltd NSE:SMARTWORKS
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Smartworks Coworking Spaces ROIC % Calculation

Smartworks Coworking Spaces'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 )
=2250.75 * ( 1 - 20.49% )/( (46595.88 + 54083.24)/ 2 )
=1789.571325/50339.56
=3.55 %

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))
=41470.84 - 1773.4 - ( 340.12 - max(0, 9550.03 - 2651.59+340.12))
=46595.88

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))
=46508.54 - 2038.95 - ( 429.3 - max(0, 12166.22 - 2552.57+429.3))
=54083.24

Smartworks Coworking Spaces's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2025 is calculated as:

ROIC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=3293.52 * ( 1 - 20.36% )/( (64457.53 + 0)/ 1 )
=2622.959328/64457.53
=4.07 %

where

Invested Capital(Q: Sep. 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))
=58114.45 - 1386.99 - ( 3717.01 - max(0, 12744.88 - 5014.81+3717.01))
=64457.53

Note: The Operating Income data used here is four times the quarterly (Dec. 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 4.07% mean?
Smartworks Coworking Spaces (NSE:SMARTWORKS) has a ROIC % of 4.07% as of Dec. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Smartworks Coworking Spaces and its competitors.
Is Smartworks Coworking Spaces' ROIC % too high?
Smartworks Coworking Spaces' current ROIC % is 4.07%. The Real Estate industry median ROIC % is 2.19. Smartworks Coworking Spaces' value of 4.07% is 85.8% above this industry median. Overall, Smartworks Coworking Spaces has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Smartworks Coworking Spaces' ROIC % compare to CBRE and BEKE?
Smartworks Coworking Spaces' ROIC % of 4.07% can be compared against companies in the Real Estate industry. The industry median ROIC % is 2.19. Smartworks Coworking Spaces' value of 4.07% is 85.8% 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 Real Estate company?
The median ROIC % among Real Estate companies is 2.19, based on 1,755 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. Smartworks Coworking Spaces's current ROIC % of 4.07% is 85.8% 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 Smartworks Coworking Spaces and its competitors. For the Real Estate industry, the median ROIC % is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smartworks Coworking Spaces's current ROIC % is 4.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smartworks Coworking Spaces stock overvalued right now?
Smartworks Coworking Spaces (NSE:SMARTWORKS) has a current ROIC % of 4.07%. The current ROIC % is 4.07% and 85.8% above the Real Estate industry median of 2.19. Smartworks Coworking Spaces' overall GF Score™ is 5/100 with 4 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 Smartworks Coworking Spaces (NSE:SMARTWORKS), the current ROIC % is 4.07% as of Dec. 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.

Smartworks Coworking Spaces Business Description

Other Exchanges 544447:India
Address Sector 42, Golf View Tower, Tower - B, DLF QE, Gurugram, HR, IND, 122002
Smartworks Coworking Spaces Ltd is an office experience and managed campus platform. It leases and manages approximately SBA of 8.99 million square feet. The company equips its campuses with modern and aesthetically pleasing designs and amenities such as cafeterias, sports zones, smart convenience stores, gymnasiums, and medical centres etc., to provide a collaborative workspace. It focuses on mid-to-large enterprises and has built a growing client base, which includes Indian corporates, MNCs operating in India, and startups. Geographically, the company generates the majority of its revenue from India, and the rest from other regions.
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