Majesco ROIC
¿Qué es el ROIC de Majesco?
El ROIC de Majesco Limited es -1.28%
¿Cuál es la definición de ROIC?
Return on invested capital (ROIC) is a financial ratio that measures how efficient a company is at allocating the capital under its control to profitable investments.
= NOPAT / Invested capital = EBIT * (1 - tax rate) / (2-year average liabilities + 2-year average shareholder equity)
Return on invested capital (ROIC) ratio gives investors a sense of how well a company is using money under its control to generate profitable returns.
ROIC can be used as a benchmark to calculate the valuation of companies across industries. A higher ROIC means the company is doing a better job of investing the money from shareholders and bondholders to run the business. A company is creating value if its ROIC exceeds 2%. If its ROIC is under 2%, the company is likely destroying value and has no excess capital to invest in future growth.
You can calculate ROIC with the following formula:
NOPAT = Net operating profit after tax
Invested Capital = Average total liabilities + Average shareholders' equity
The averages of liabilities and shareholders' equity are calculated as geometrical averages of the last two annual values from the company's balance sheet.
ROIC de compañías en Sector Technology en NSE en comparadas con Majesco
¿Qué hace Majesco?
Majesco Limited, together with its subsidiaries, provides cloud-based software solutions for the insurance industry in North America, Europe, and internationally. The company offers Property & Casualty Core Suite that provides core system capabilities, including policy, billing, and claims for property and casualty personal, commercial, workers' compensation, and specialty insurance; and L&A and Group Core Suite insurance software for individual, group, and voluntary benefits insurance. It also provides LifePlus Solutions for individual life, pensions, and wealth management; insurance distribution management software; Data and Analytics Platform, a business intelligence and analytics tool for claims, underwriting, policy, and billing functions; and Digital Insurance platform, a digital and micro-services based cloud-only platform solution. Majesco Limited offers software solutions for property, casualty and life, and annuity providers. In addition, it provides cloud implementation, cloud subscription, professional, and support and maintenance services. The company was formerly known as Minefields Computers Limited and changed its name to Majesco Limited in June 2015. Majesco Limited was incorporated in 2013 and is based in Navi Mumbai, India.
Empresas con roic similar a Majesco
- Kalyani Forge tiene ROIC de -1.29%
- CIT Inc tiene ROIC de -1.29%
- Eddie Stobart Logistics plc tiene ROIC de -1.29%
- Mafatlal Industries tiene ROIC de -1.29%
- Trainline Plc tiene ROIC de -1.28%
- Trainline Plc tiene ROIC de -1.28%
- Majesco tiene ROIC de -1.28%
- Bedmutha Industries tiene ROIC de -1.28%
- Elixinol Global tiene ROIC de -1.28%
- China Fordoo tiene ROIC de -1.27%
- Coffee Co Inc tiene ROIC de -1.27%
- Kennedy-Wilson Inc tiene ROIC de -1.26%
- DPCM Capital tiene ROIC de -1.26%