Sims Metal Management (SMS)
Sims Metal Management Return on Invested Capital
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About Return on Invested Capital (ROIC)
ROIC is an acronym for "Return on Invested Capital", and it is a concept that doesn't have a fixed definition. In YCharts, it is the net income that a company earned as a percentage of all of the capital given to a company by shareholders and debt holders. It is a ratio that tries to answer the question: "If I gave $1 to this company, how much money could the company earn by investing that $1?" A ROIC of 5% means that the company can return $0.05 per dollar invested.
ROIC is often considered a more reasonable estimate of managerial performance than Return on Equity (ROE) because it takes into account investments by debt holders, which should be invested to increase net income.
It is also more reasonable than Return on Assets (ROA) because it only assumes that capital which was "invested" into the company can be used to earn income.
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SMS News
May 29, 10:25AM Street Insider
Apr 20, 8:26AM Street Insider
about 80 days ago by DynamicDividend
Feb 08, 5:03PM Business Wire
Jan 24, 9:13PM Business Wire
Jan 18, 12:54AM JCN Newswire
Jan 17, 9:25AM Benzinga
Jan 17, 9:24AM Business Wire
Aug 26, 8:29AM Street Insider
Aug 22, 8:28AM Street Insider
Aug 08, 9:20AM Business Wire
about 530 days ago by Xiphos_Trading
about 605 days ago by dividata
about 616 days ago by Xiphos_Trading
about 634 days ago by Xiphos_Trading
about 773 days ago by steve_ascendere
about 791 days ago by steve_ascendere
about 820 days ago by paulwoll
about 1021 days ago by CompoundinTrade
about 1085 days ago by flaljee
about 1092 days ago by UrbaneGorilla
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| SMS | 10.56 | -0.13 | -1.22% | 2.201B |
| SMRT | 6.95 | +0.02 | +0.29% | 300.07M |
| SMP | 13.37 | +0.22 | +1.67% | 300.21M |
| SMMF | 5.27 | +0.12 | +2.33% | 39.16M |
| SFL | 15.16 | -0.10 | -0.66% | 1.208B |
| SFI | 5.665 | -0.01 | -0.09% | 475.32M |
| SFE | 15.12 | +0.05 | +0.33% | 312.70M |
| SFD | 19.81 | +0.00 | +0.00% | 3.189B |
| SF | 31.48 | -0.05 | -0.16% | 1.694B |
| SEV | 7.35 | -0.36 | -4.63% | 25.50M |