GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Advanced International Multitech Co Ltd (ROCO:8938) » Definitions » 10-Year ROIIC %

Advanced International Multitech Co (ROCO:8938) 10-Year ROIIC % : 75.80% (As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Advanced International Multitech Co 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. Advanced International Multitech Co's 10-Year ROIIC % for the quarter that ended in Dec. 2023 was 75.80%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Advanced International Multitech Co's 10-Year ROIIC % or its related term are showing as below:

ROCO:8938's 10-Year ROIIC % is ranked better than
92.31% of 767 companies
in the Travel & Leisure industry
Industry Median: 1.91 vs ROCO:8938: 75.80

Advanced International Multitech Co 10-Year ROIIC % Historical Data

The historical data trend for Advanced International Multitech Co'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.

Advanced International Multitech Co 10-Year ROIIC % Chart

Advanced International Multitech Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.94 23.99 49.98 33.40 75.80

Advanced International Multitech Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 75.80 -

Competitive Comparison of Advanced International Multitech Co's 10-Year ROIIC %

For the Leisure subindustry, Advanced International Multitech Co'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.


Advanced International Multitech Co's 10-Year ROIIC % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Advanced International Multitech Co's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Advanced International Multitech Co's 10-Year ROIIC % falls into.



Advanced International Multitech Co 10-Year ROIIC % Calculation

Advanced International Multitech Co'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**
=( 2379.8130528 (Dec. 2023) - -112.693455 (Dec. 2013) )/( 7179.045 (Dec. 2023) - 3890.703 (Dec. 2013) )
=2492.5065078/3288.342
=75.80%***

* 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.


Advanced International Multitech Co  (ROCO:8938) 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.


Advanced International Multitech Co 10-Year ROIIC % Related Terms

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


Advanced International Multitech Co (ROCO:8938) Business Description

Traded in Other Exchanges
N/A
Address
No. 26 , Zhonglin Road, Lin Hai Industrial District, Xiaogang District, Kaohsiung City, TWN
Advanced International Multitech Co Ltd is a Taiwan-based company. Along with its subsidiaries, the firm is engaged in the manufacturing, processing, trading, import, and export of carbon fiber prepackaged materials, and carbon fiber products, golf ball, composites, and bicycle parts. Its product portfolio includes golf club heads, graphite shafts, golf club sets, golf balls, putters, and carbon fiber components for bicycles, such as forks, frames, aviation products, and composite materials. It also manufactures carbon fiber bicycles under its own brand DIZO.

Advanced International Multitech Co (ROCO:8938) Headlines

No Headlines