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Coventry Coil-O-Matic (Haryana) (BOM:523415) 10-Year ROIIC % : 27.51% (As of Mar. 2024)


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What is Coventry Coil-O-Matic (Haryana) 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Coventry Coil-O-Matic (Haryana)'s 10-Year ROIIC % for the quarter that ended in Mar. 2024 was 27.51%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Coventry Coil-O-Matic (Haryana)'s 10-Year ROIIC % or its related term are showing as below:

BOM:523415's 10-Year ROIIC % is not ranked
in the Vehicles & Parts industry.
Industry Median: 3.19 vs BOM:523415: 27.51

Coventry Coil-O-Matic (Haryana) 10-Year ROIIC % Historical Data

The historical data trend for Coventry Coil-O-Matic (Haryana)'s 10-Year ROIIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Coventry Coil-O-Matic (Haryana) 10-Year ROIIC % Chart

Coventry Coil-O-Matic (Haryana) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -147.66 23.22 423.39 - 27.51

Coventry Coil-O-Matic (Haryana) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24
10-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 27.51 -

Competitive Comparison of Coventry Coil-O-Matic (Haryana)'s 10-Year ROIIC %

For the Auto Parts subindustry, Coventry Coil-O-Matic (Haryana)'s 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Coventry Coil-O-Matic (Haryana)'s 10-Year ROIIC % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Coventry Coil-O-Matic (Haryana)'s 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Coventry Coil-O-Matic (Haryana)'s 10-Year ROIIC % falls into.



Coventry Coil-O-Matic (Haryana) 10-Year ROIIC % Calculation

Coventry Coil-O-Matic (Haryana)'s 10-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( -3.212 (Mar. 2024) - -21.8815729 (Mar. 2014) )/( 187.618 (Mar. 2024) - 119.754 (Mar. 2014) )
=18.6695729/67.864
=27.51%***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Coventry Coil-O-Matic (Haryana)  (BOM:523415) 10-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Coventry Coil-O-Matic (Haryana) 10-Year ROIIC % Related Terms

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Coventry Coil-O-Matic (Haryana) Business Description

Traded in Other Exchanges
N/A
Address
87 KM, Delhi – Jaipur Road (NH-8), Village Salawas, PO Sangwari, Rewari, HR, IND, 123 401
Coventry Coil-O-Matic (Haryana) Ltd is engaged in the manufacturing of Auto Suspension Springs as well as Power Brake Actuator Springs for Commercial Vehicles. It also offers barrel, conical, hour-glass, pig-tail clutches, circuit breakers, dampers, dies, motors, pressure switches, pressure plates, trunk lid, door checker, hinges, engine valves, and ejectors. The Company is primarily engaged in the manufacturing of Cold-Formed Coil Springs. Geographically it operates through the region of India.

Coventry Coil-O-Matic (Haryana) Headlines

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