Covestro AG ROIC
¿Qué es el ROIC de Covestro AG?
El ROIC de Covestro AG es 16.39%
¿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 Materials en XETRA en comparadas con Covestro AG
¿Qué hace Covestro AG?
Covestro AG develops, produces, and markets polymer materials for various industries. The company operates in three segments: Polyurethanes; Polycarbonates; and Coatings, Adhesives, Specialties (CAS). The Polyurethanes segment develops, produces, and markets chemical precursors, such as diphenylmethane diisocyanate, toluene diisocyanate, and polyether polyol, which are used primarily in the furniture, construction, and automotive industries. The Polycarbonates segment provides high-performance plastic polycarbonates in the form of granules, composite materials, and semi-finished products for use in the automotive, construction, electrical and electronic, medical technology, and lighting industries. The CAS segment offers precursors for coatings, adhesives, and sealants, as well as specialties. This segment also provides polymer materials and aqueous dispersions for use in automotive and transportation, infrastructure and construction, wood processing, and furniture applications. The company markets its products through trading houses and distributors. It operates in Europe, the Middle East, Africa, Latin America, the United States, Canada, and the People's Republic of China. The company was founded in 1863 and is headquartered in Leverkusen, Germany.
Empresas con roic similar a Covestro AG
- Wesdome Gold Mines tiene ROIC de 16.36%
- Wincanton Plc tiene ROIC de 16.37%
- Mainstream tiene ROIC de 16.38%
- Shockwave Medical tiene ROIC de 16.38%
- Brasilagro Companhia Brasileira De Propriedade Agricola tiene ROIC de 16.39%
- Advantest tiene ROIC de 16.39%
- Covestro AG tiene ROIC de 16.39%
- Weyerhaeuser tiene ROIC de 16.39%
- Grupo México S.A.B. de C.V tiene ROIC de 16.40%
- Acme United tiene ROIC de 16.40%
- J.Jill Inc tiene ROIC de 16.40%
- Gentex tiene ROIC de 16.41%
- Suyog Telematics tiene ROIC de 16.41%