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Waa Solar (BOM:541445) 1-Year ROIIC % : 13.10% (As of Mar. 2024)


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What is Waa Solar 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Waa Solar's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was 13.10%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Waa Solar's 1-Year ROIIC % or its related term are showing as below:

BOM:541445's 1-Year ROIIC % is ranked better than
67.93% of 421 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.74 vs BOM:541445: 13.10

Waa Solar 1-Year ROIIC % Historical Data

The historical data trend for Waa Solar's 1-Year ROIIC % 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.

Waa Solar 1-Year ROIIC % Chart

Waa Solar Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.84 73.73 157.33 -8.78 13.10

Waa Solar Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
1-Year ROIIC % 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 157.33 -2.67 -8.78 -102.16 13.10

Competitive Comparison of Waa Solar's 1-Year ROIIC %

For the Utilities - Renewable subindustry, Waa Solar's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % 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.


Waa Solar's 1-Year ROIIC % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Waa Solar's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Waa Solar's 1-Year ROIIC % falls into.



Waa Solar 1-Year ROIIC % Calculation

Waa Solar's 1-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 71.3659514 (Mar. 2024) - 160.5850778 (Mar. 2023) )/( 2199.749 (Mar. 2024) - 2880.592 (Mar. 2023) )
=-89.2191264/-680.843
=13.10%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Waa Solar  (BOM:541445) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Waa Solar 1-Year ROIIC % Related Terms

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Waa Solar (BOM:541445) Business Description

Traded in Other Exchanges
N/A
Address
Madhav House, Near Panchratna Building, Subhanpura, Vadodara, GJ, IND, 390023
Waa Solar Ltd is an Indian firm engaged in electric power generation, transmission, and distribution. The company is focused on the development of renewable energy in terms of Solar Power Generation through Ground Mounted Projects and also by undertaking Solar Rooftop Projects. Some of the projects of the company are the 10.25 MW Solar PV Power Project, 100 KW Solar PV Power Project, 10.42 MW Solar PV Power Project, and many more. It generates substantial revenue from the sale of solar power products.

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