Compania de Minas Buenaventura S.A ROIC
What is the ROIC of Compania de Minas Buenaventura S.A?
The ROIC of Compania de Minas Buenaventura S.A. is 1.50%
What is the definition of 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 of companies in the Materials sector on NYSE compared to Compania de Minas Buenaventura S.A
What does Compania de Minas Buenaventura S.A do?
Compañia de Minas Buenaventura is a Peruvian precious metals company engaged in the mining and exploration of gold, silver and other metals.
Companies with roic similar to Compania de Minas Buenaventura S.A
- Necessity Retail REIT Inc has ROIC of 1.50%
- American Finance Trust has ROIC of 1.50%
- American Finance Trust has ROIC of 1.50%
- ITI has ROIC of 1.50%
- American Finance Trust has ROIC of 1.50%
- American Finance Trust has ROIC of 1.50%
- Compania de Minas Buenaventura S.A has ROIC of 1.50%
- Luther Burbank Corp has ROIC of 1.50%
- WaFd Inc has ROIC of 1.50%
- Shangri-La Asia has ROIC of 1.50%
- Orrstown Services has ROIC of 1.50%
- Macquarie Global Infrastructure Total Return Fund Inc has ROIC of 1.50%
- Cogobuy has ROIC of 1.51%