Bajaj Auto (BAJAJ-AUTO.NS) Return on Invested Capital (ROIC)

Price: $8164.9
Market Cap: $2.28T
Avg Volume: 426.92K
Country: IN
Industry: Auto - Manufacturers
Sector: Consumer Cyclical
Beta: 1.088
52W Range: $7301-12774
Website: Bajaj Auto

Return on Invested Capital (ROIC) Summary

Bajaj Auto's ROIC measures how effectively the company uses its invested capital to generate profits:

  • Annual: 27.97%
  • Quarterly: 0.00%
  • TTM: 13.72%

What is ROIC?

Return on Invested Capital (ROIC) measures how effectively a company uses its capital from debt and equity to generate profits. ROIC is a useful metric for comparing the efficiency of capital allocation between different companies or across time periods within the same company. A higher ROIC indicates a more efficient use of capital.

Related Metrics

Other important metrics to assess Bajaj Auto's profitability include:

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: 26.61%
    • Quarterly: 0.00%
    • TTM: 25.49%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: 19.59%
    • Quarterly: 0.00%
    • TTM: 16.44%

These metrics provide insights into Bajaj Auto's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual ROIC

27.97%

Quarterly ROIC

0.00%

TTM ROIC

13.72%

Bajaj Auto Historical ROIC

42.66%42.66%38.39%38.39%34.13%34.13%29.86%29.86%25.59%25.59%21.33%21.33%17.06%17.06%12.80%12.80%8.53%8.53%4.27%4.27%0.00%0.00%ROIC27.97%18.52%16.48%16.63%22.18%14.52%17.21%16.97%25.10%37.09%201620162017201720182018201920192020202020212021202220222023202320242024

Historical ROE

33.36%33.36%30.02%30.02%26.69%26.69%23.35%23.35%20.01%20.01%16.68%16.68%13.34%13.34%10.01%10.01%6.67%6.67%3.34%3.34%0.00%0.00%ROE26.61%20.64%20.65%17.81%24.06%21.21%20.66%22.85%29.01%27.27%201620162017201720182018201920192020202020212021202220222023202320242024

Historical ROA

26.49%26.49%23.84%23.84%21.19%21.19%18.54%18.54%15.89%15.89%13.25%13.25%10.60%10.60%7.95%7.95%5.30%5.30%2.65%2.65%0.00%0.00%ROA19.59%17.25%17.56%14.45%19.66%17.09%16.78%18.85%23.04%18.95%201620162017201720182018201920192020202020212021202220222023202320242024

Bajaj Auto Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2024.

Year ROIC ROE ROA
2024 27.97% 26.61% 19.59%
2023 18.52% 20.64% 17.25%
2022 16.48% 20.65% 17.56%
2021 16.63% 17.81% 14.45%
2020 22.18% 24.06% 19.66%
2019 14.52% 21.21% 17.09%
2018 17.21% 20.66% 16.78%
2017 16.97% 22.85% 18.85%
2016 25.10% 29.01% 23.04%
2015 37.09% 27.27% 18.95%

Related Metrics

Explore detailed financial metrics and analysis for BAJAJ-AUTO.NS.