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Yaari Digital Integrated Services (NSE:YAARI) ROIC % : -47.77% (As of Sep. 2024)


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What is Yaari Digital Integrated Services ROIC %?

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Yaari Digital Integrated Services's annualized return on invested capital (ROIC %) for the quarter that ended in Sep. 2024 was -47.77%.

As of today (2024-12-14), Yaari Digital Integrated Services's WACC % is 6.16%. Yaari Digital Integrated Services's ROIC % is -10.55% (calculated using TTM income statement data). Yaari Digital Integrated Services earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Yaari Digital Integrated Services ROIC % Historical Data

The historical data trend for Yaari Digital Integrated Services'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.

* Premium members only.

Yaari Digital Integrated Services ROIC % Chart

Yaari Digital Integrated Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.12 -1.70 -10.01 -7.39 -12.57

Yaari Digital Integrated Services Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -54.82 -61.06 146.64 -63.20 -47.77

Competitive Comparison of Yaari Digital Integrated Services's ROIC %

For the Credit Services subindustry, Yaari Digital Integrated Services'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.


Yaari Digital Integrated Services's ROIC % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Yaari Digital Integrated Services's ROIC % distribution charts can be found below:

* The bar in red indicates where Yaari Digital Integrated Services's ROIC % falls into.



Yaari Digital Integrated Services ROIC % Calculation

Yaari Digital Integrated Services's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2024 is calculated as:

ROIC % (A: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2023 ) + Invested Capital (A: Mar. 2024 ))/ count )
=-43.5 * ( 1 - 0% )/( (326.2 + 365.8)/ 2 )
=-43.5/346
=-12.57 %

where

Yaari Digital Integrated Services's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Sep. 2024 is calculated as:

ROIC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-223.6 * ( 1 - 0.18% )/( (0 + 467.2)/ 1 )
=-223.19752/467.2
=-47.77 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) 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.


Yaari Digital Integrated Services  (NSE:YAARI) 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, Yaari Digital Integrated Services's WACC % is 6.16%. Yaari Digital Integrated Services's ROIC % is -10.55% (calculated using TTM income statement data).


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.


Yaari Digital Integrated Services ROIC % Related Terms

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Yaari Digital Integrated Services Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, Tower - 1, 4th Floor, One International Center, Elphinstone West, Mumbai, MH, IND, 400013
Yaari Digital Integrated Services Ltd is engaged in the businesses of a real estate project advisory, construction and development of real estate projects and advisory services, aviation services, maintenance and management services, equipment hiring services, and all other related activities. The Group operates solely in one Geographic segment which is India.

Yaari Digital Integrated Services Headlines

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