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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 %. Beijing Vastdata Technology Co's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was -38.49%.
As of today (2026-07-26), Beijing Vastdata Technology Co's WACC % is 13.93%. Beijing Vastdata Technology Co's ROIC % is -17.87% (calculated using TTM income statement data).
Beijing Vastdata Technology Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Beijing Vastdata Technology Co (SHSE:603138) 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, Beijing Vastdata Technology Co's WACC % is 13.93%. Beijing Vastdata Technology Co's ROIC % is -17.87% (calculated using TTM income statement data).
Beijing Vastdata Technology Co 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.
Beijing Vastdata Technology Co ROIC % Related Terms
Beijing Vastdata Technology Co 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 Information Technology Services subindustry, Beijing Vastdata Technology Co'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.
Beijing Vastdata Technology Co ROIC % vs Software Industry
For the Software industry and Technology sector, Beijing Vastdata Technology Co's ROIC % distribution charts can be found below:
* The bar in red indicates where Beijing Vastdata Technology Co'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.
Beijing Vastdata Technology Co (SHSE:603138) has a ROIC % of -38.49% 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 Beijing Vastdata Technology Co and its competitors.
Is Beijing Vastdata Technology Co's ROIC % too high?
Beijing Vastdata Technology Co's current ROIC % is -38.49%. Overall, Beijing Vastdata Technology Co has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Beijing Vastdata Technology Co's ROIC % compare to IBM and ACN?
Beijing Vastdata Technology Co's ROIC % of -38.49% can be compared against companies in the Software industry. The industry median ROIC % is 3.21. 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 Software company?
The median ROIC % among Software companies is 3.21, based on 2,834 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. 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 Beijing Vastdata Technology Co and its competitors. For the Software industry, the median ROIC % is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing Vastdata Technology Co's current ROIC % is -38.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Vastdata Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing Vastdata Technology Co (SHSE:603138) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥25.68, compared to a current price of ¥11.43 — trading 55.5% below its estimated fair value. The current ROIC % is -38.49%. Beijing Vastdata Technology Co's overall GF Score™ is 61/100. 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 Beijing Vastdata Technology Co (SHSE:603138), the current ROIC % is -38.49% 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 Beijing Vastdata Technology Co (SHSE:603138) Overvalued in 2026?
Based on GuruFocus' analysis, Beijing Vastdata Technology Co stock appears to be undervalued.
The current stock price of ¥11.43 is trading 55.5% below its estimated GF Value™ of ¥25.68.
GuruFocus considers Beijing Vastdata Technology Co to be Significantly Undervalued.
Key valuation signals for SHSE:603138:
ROIC %: -38.49%
GF Value™: ¥25.68 vs. price of ¥11.43 (55.5% below fair value)
No single metric tells the full story. See the SHSE:603138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Beijing Vastdata Technology Co Business Description
Beijing Vastdata Technology Co Ltd focuses on the database field and is mainly engaged in database product research and development, sales, services and consulting.
61GF Score
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