Hindalco Industries (HINDALCO.NS) Return on Invested Capital (ROIC)

Price: $693.45
Market Cap: $1.56T
Avg Volume: 5.94M
Country: IN
Industry: Aluminum
Sector: Basic Materials
Beta: 1.403
52W Range: $545-772.65
Website: Hindalco Industries

Return on Invested Capital (ROIC) Summary

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

  • Annual: 20.74%
  • Quarterly: 0.00%
  • TTM: 7.41%

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 Hindalco Industries's profitability include:

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: 9.57%
    • Quarterly: 0.00%
    • TTM: 13.01%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: 4.38%
    • Quarterly: 0.00%
    • TTM: 5.51%

These metrics provide insights into Hindalco Industries'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

20.74%

Quarterly ROIC

0.00%

TTM ROIC

7.41%

Hindalco Industries Historical ROIC

23.86%23.86%19.84%19.84%15.81%15.81%11.79%11.79%7.77%7.77%3.75%3.75%-0.27%-0.27%-4.29%-4.29%-8.31%-8.31%-12.33%-12.33%-16.35%-16.35%ROIC20.74%6.99%10.00%4.93%4.46%5.98%5.80%3.93%-16.35%1.06%201620162017201720182018201920192020202020212021202220222023202320242024

Historical ROE

20.19%20.19%18.17%18.17%16.15%16.15%14.14%14.14%12.12%12.12%10.10%10.10%8.08%8.08%6.06%6.06%4.04%4.04%2.02%2.02%0.00%0.00%ROE9.57%10.65%17.56%5.23%6.46%9.56%11.09%4.12%0.12%2.23%201620162017201720182018201920192020202020212021202220222023202320242024

Historical ROA

7.08%7.08%6.37%6.37%5.66%5.66%4.95%4.95%4.25%4.25%3.54%3.54%2.83%2.83%2.12%2.12%1.42%1.42%0.71%0.71%0.00%0.00%ROA4.38%4.49%6.16%1.84%2.22%3.60%4.12%1.30%0.03%0.60%201620162017201720182018201920192020202020212021202220222023202320242024

Hindalco Industries 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 20.74% 9.57% 4.38%
2023 6.99% 10.65% 4.49%
2022 10.00% 17.56% 6.16%
2021 4.93% 5.23% 1.84%
2020 4.46% 6.46% 2.22%
2019 5.98% 9.56% 3.60%
2018 5.80% 11.09% 4.12%
2017 3.93% 4.12% 1.30%
2016 -16.35% 0.12% 0.03%
2015 1.06% 2.23% 0.60%

Related Metrics

Explore detailed financial metrics and analysis for HINDALCO.NS.