Monitronics International ROIC
What is the ROIC of Monitronics International?
The ROIC of Monitronics International, Inc. is -0.30%
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 Industrials sector on NASDAQ compared to Monitronics International
What does Monitronics International do?
Monitronics International, Inc., doing business as Brinks Home Security, provides security alarm monitoring and related services to residential and commercial customers in the United States, Canada, and Puerto Rico. It provides monitoring services for alarm signals arising from burglaries, fires, medical alerts, and other events through security systems at customers' premises. The company also offers home automation and life safety services, such as remote activation and control of security systems; support for video monitoring, flood sensors, and automated garage door and door lock capabilities; and thermostat integration services. In addition, it provides hands-free two-way interactive voice communication between its monitoring center and customers; customer and technical support related services to home monitoring systems and home automation services; and do-it-yourself and professional installation security solutions. It serves its customers through a network of authorized dealers. The company was founded in 1994 and is based in Farmers Branch, Texas.
Companies with roic similar to Monitronics International
- Onelife Capital Advisors has ROIC of -0.30%
- Senex has ROIC of -0.30%
- China Oceanwide has ROIC of -0.30%
- Energie Europe Service has ROIC of -0.30%
- Uranium Corp has ROIC of -0.30%
- Global Net Lease Inc has ROIC of -0.30%
- Monitronics International has ROIC of -0.30%
- Mahindra Holidays & Resorts India has ROIC of -0.29%
- Simbhaoli Sugars has ROIC of -0.29%
- Oriental Hotels has ROIC of -0.29%
- Parle Software has ROIC of -0.29%
- Metro Ticari ve Mali Yatirimlar A.S has ROIC of -0.29%
- Brighthouse has ROIC of -0.29%