Utilico Emerging Markets Trust Plc ROIC
What is the ROIC of Utilico Emerging Markets Trust Plc?
The ROIC of Utilico Emerging Markets Trust Plc is 2.33%
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 Finance sector on LSE compared to Utilico Emerging Markets Trust Plc
What does Utilico Emerging Markets Trust Plc do?
Utilico Emerging Markets Trust PLC is a closed-ended balanced mutual fund launched and managed by ICM Investment Management Limited. The fund is co-managed by ICM Limited. It invests in the public equity and fixed income markets of emerging market countries across the globe. The fund seeks to invest in securities of companies operating in the infrastructure, utility, and related sectors. It primarily invests in value stocks of companies, as well as in convertible securities and bonds of various credit ratings. The fund focuses on businesses with essential service or monopolistic characteristics to create its portfolio. It benchmarks the performance of its portfolio against the MSCI Emerging Markets Total Return Index. The fund was formerly known as Utilico Emerging Markets Limited. Utilico Emerging Markets Trust PLC was formed on July 20, 2005 and is domiciled in United Kingdom.
Companies with roic similar to Utilico Emerging Markets Trust Plc
- Qube has ROIC of 2.32%
- Ter Beke NV has ROIC of 2.32%
- Viavi Solutions Dl ,001 has ROIC of 2.33%
- Soundwill has ROIC of 2.33%
- Canadian Solar has ROIC of 2.33%
- Century Textiles and Industries has ROIC of 2.33%
- Utilico Emerging Markets Trust Plc has ROIC of 2.33%
- Chordia Food Products has ROIC of 2.34%
- Hon Kwok Land Investment has ROIC of 2.34%
- Vodafone Plc has ROIC of 2.34%
- HBL Power Systems has ROIC of 2.34%
- Kinross Gold has ROIC of 2.34%
- Sohu.com has ROIC of 2.34%