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Shinagawa Refractories Co Ltd
TSE:5351

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Shinagawa Refractories Co Ltd Logo
Shinagawa Refractories Co Ltd
TSE:5351
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Price: 1 815 JPY 1.57% Market Closed
Updated: Apr 23, 2024

ROIC
Return on Invested Capital

8.3%
Current
8%
Average
3.8%
Industry
Positive for the last year
8.3%
Positive average
8%
Better than average
Better than industry value

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
8.3%
=
NOPAT
9.3B
/
Invested Capital
109.7B

ROIC Across Competitors

ROIC Comparison
Shinagawa Refractories Co Ltd Competitors

Country JP
Market Cap 84B JPY
ROIC
8%
Country IE
Market Cap 43B GBP
ROIC
10%
Country CH
Market Cap 43.5B CHF
ROIC
8%
Country US
Market Cap 36.1B USD
ROIC
9%
Country US
Market Cap 33.6B USD
ROIC
8%
Country IN
Market Cap 2.8T INR
ROIC
9%
Country DE
Market Cap 16.9B EUR
ROIC
7%
Country IN
Market Cap 1.5T INR
ROIC
5%
Country DE
Market Cap 16.8B EUR
ROIC
7%
Country CN
Market Cap 120.9B CNY
ROIC
6%
Country KR
Market Cap 21T KRW
ROIC
0%

Profitability Report

View the profitability report to see the full profitability analysis for Shinagawa Refractories Co Ltd.

See Also

Discover More
What is Return on Invested Capital?

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
8.3%
=
NOPAT
9.3B
/
Invested Capital
109.7B
What is the ROIC of Shinagawa Refractories Co Ltd?

Based on Shinagawa Refractories Co Ltd's most recent financial statements, the company has ROIC of 8.3%.