pääomatuottoonROIC

ROIC, or Return on Invested Capital, is a financial metric used to assess how well a company generates profits from the capital it has invested in its operations. It measures the profitability and efficiency of a company's investments.

The formula for ROIC is typically Net Operating Profit After Tax (NOPAT) divided by Invested Capital. NOPAT represents the company's profit generated from its core business operations after accounting for taxes, but before considering financing costs. Invested Capital generally includes both debt and equity financing used to fund the company's assets.

A higher ROIC indicates that a company is more effective at generating returns from its capital. Investors and analysts use ROIC to compare companies within the same industry, as it provides a standardized measure of performance independent of differences in capital structure. A consistently rising ROIC can be a positive sign, suggesting operational improvements and effective capital allocation. Conversely, a declining ROIC might signal issues with profitability or inefficient use of resources. Understanding ROIC helps in evaluating a company's financial health and its ability to create value for its shareholders.