GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Just Group PLC (LSE:JUST) » Definitions » 10-Year ROIIC %

Just Group (LSE:JUST) 10-Year ROIIC % : 0.32% (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Just Group 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. Just Group's 10-Year ROIIC % for the quarter that ended in Dec. 2023 was 0.32%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Just Group's 10-Year ROIIC % or its related term are showing as below:

LSE:JUST's 10-Year ROIIC % is ranked worse than
62.77% of 282 companies
in the Insurance industry
Industry Median: 1.795 vs LSE:JUST: 0.32

Just Group 10-Year ROIIC % Historical Data

The historical data trend for Just Group'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.

Just Group 10-Year ROIIC % Chart

Just Group Annual Data
Trend Jun14 Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.38 -2.58 0.32

Just Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.38 - -2.58 - 0.32

Competitive Comparison of Just Group's 10-Year ROIIC %

For the Insurance - Specialty subindustry, Just Group'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.


Just Group's 10-Year ROIIC % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Just Group's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Just Group's 10-Year ROIIC % falls into.



Just Group 10-Year ROIIC % Calculation

Just Group's 10-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 220.5 (Dec. 2023) - 152.51212 (Jun. 2013) )/( 30620.6 (Dec. 2023) - 9585.015 (Jun. 2013) )
=67.98788/21035.585
=0.32%***

* 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.


Just Group  (LSE:JUST) 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.


Just Group 10-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Just Group's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Just Group (LSE:JUST) Business Description

Traded in Other Exchanges
Address
Bancroft Road, Enterprise House, Reigate, Surrey, GBR, RH2 7RP
Just Group PLC is a financial service company that offers retirement management services through products, advisory, and professional services. The company's client base includes individuals, financial intermediaries, corporate clients, and pension plan trustees. The insurance segment writes insurance products for the retirement market - which include Guaranteed Income for Life Solutions, Defined Benefit De-risking Solutions, Care Plans, Flexible Pension Plans, and Protection and invests the premiums received from these contracts in debt securities, gilts, liquidity funds, and Lifetime Mortgage advances. The Other segment also includes the group's corporate activities that are involved in managing its liquidity, capital, and investment activities.

Just Group (LSE:JUST) Headlines