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New Mauritius Hotels (XMAU:NMHL.P0000.PFD) ROIC % : 0.00% (As of Sep. 2024)


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What is New Mauritius Hotels 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 %. New Mauritius Hotels's annualized return on invested capital (ROIC %) for the quarter that ended in Sep. 2024 was 0.00%.

As of today (2024-12-14), New Mauritius Hotels's WACC % is 7.19%. New Mauritius Hotels's ROIC % is 0.00% (calculated using TTM income statement data). New Mauritius Hotels earns returns that do not match up to its cost of capital. It will destroy value as it grows.


New Mauritius Hotels ROIC % Historical Data

The historical data trend for New Mauritius Hotels'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.

New Mauritius Hotels ROIC % Chart

New Mauritius Hotels Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Jun21 Jun22 Jun23 Jun24
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.68 -5.25 1.35 6.21 6.00

New Mauritius Hotels Quarterly Data
Sep19 Dec19 Mar20 Jun20 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 - - - - -

Competitive Comparison of New Mauritius Hotels's ROIC %

For the Lodging subindustry, New Mauritius Hotels'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.


New Mauritius Hotels's ROIC % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, New Mauritius Hotels's ROIC % distribution charts can be found below:

* The bar in red indicates where New Mauritius Hotels's ROIC % falls into.



New Mauritius Hotels ROIC % Calculation

New Mauritius Hotels's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Jun. 2024 is calculated as:

ROIC % (A: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Jun. 2023 ) + Invested Capital (A: Jun. 2024 ))/ count )
=3373.085 * ( 1 - 17.5% )/( (44511.783 + 48251.311)/ 2 )
=2782.795125/46381.547
=6.00 %

where

Invested Capital(A: Jun. 2023 )
=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))
=42199.156 - 3239.8 - ( 1582.005 - max(0, 9833.809 - 4281.382+1582.005))
=44511.783

Invested Capital(A: Jun. 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))
=43599.724 - 3618.781 - ( 1540.368 - max(0, 12760.179 - 4489.811+1540.368))
=48251.311

New Mauritius Hotels'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 )
=0 * ( 1 - -200.77% )/( (48251.311 + 52880.619)/ 2 )
=0/50565.965
=0.00 %

where

Invested Capital(Q: Jun. 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))
=43599.724 - 3618.781 - ( 1540.368 - max(0, 12760.179 - 4489.811+1540.368))
=48251.311

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.


New Mauritius Hotels  (XMAU:NMHL.P0000.PFD) 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, New Mauritius Hotels's WACC % is 7.19%. New Mauritius Hotels's ROIC % is 0.00% (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.


New Mauritius Hotels ROIC % Related Terms

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New Mauritius Hotels Business Description

Traded in Other Exchanges
Address
Botanical Garden Street, Beachcomber House, Curepipe, MUS, 74213
New Mauritius Hotels Ltd together with its subsidiaries is in the business of hotel operations, tour operating, provision of flight & inland catering and rental of hotel property. The company is composed of four business segments, hotel operations, tour operating, Catering and Property. Hotel operations are carried out in Mauritius and morocco. Tour operating are carried out in France, the United Kingdom, Italy, South Africa, and Mauritius. Airline and inland catering are carried out in Mauritius and rental of properties in Seychelles. The majority of the revenue for the company is generated from Hotel Operations.

New Mauritius Hotels Headlines

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