GURUFOCUS.COM » STOCK LIST » Technology » Software » Trend Micro Inc (OTCPK:TMICY) » Definitions » 1-Year ROIIC %

Trend Micro (Trend Micro) 1-Year ROIIC % : 50.41% (As of Dec. 2023)


View and export this data going back to 1999. Start your Free Trial

What is Trend Micro 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Trend Micro's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was 50.41%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Trend Micro's 1-Year ROIIC % or its related term are showing as below:

TMICY's 1-Year ROIIC % is ranked better than
75.55% of 2519 companies
in the Software industry
Industry Median: 2.89 vs TMICY: 50.41

Trend Micro 1-Year ROIIC % Historical Data

The historical data trend for Trend Micro's 1-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.

Trend Micro 1-Year ROIIC % Chart

Trend Micro Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.82 6.32 -84.52 -6.48 50.41

Trend Micro Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
1-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 -6.48 -16.63 201.93 89.06 50.41

Competitive Comparison of Trend Micro's 1-Year ROIIC %

For the Software - Infrastructure subindustry, Trend Micro's 1-Year ROIIC %, along with its competitors' market caps and 1-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.


Trend Micro's 1-Year ROIIC % Distribution in the Software Industry

For the Software industry and Technology sector, Trend Micro's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Trend Micro's 1-Year ROIIC % falls into.



Trend Micro 1-Year ROIIC % Calculation

Trend Micro's 1-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 76.1717248 (Dec. 2023) - 160.5390745 (Dec. 2022) )/( 2429.118 (Dec. 2023) - 2749.564 (Dec. 2022) )
=-84.3673497/-320.446
=26.33%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-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.


Trend Micro  (OTCPK:TMICY) 1-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.


Trend Micro 1-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Trend Micro's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Trend Micro (Trend Micro) Business Description

Traded in Other Exchanges
Address
Shibuya-ku, 2-1-1 Shinjuku Maynds Tower, Yoyogi, Tokyo, JPN, 151-0053
Trend Micro provides antivirus and other security products that protect the flow of information on PCs, file servers, e-mail servers, and the Internet gateway. Sales have averaged 75% annual growth over the past decade. Customers include British Airways, Merrill Lynch, Microsoft, Pacific Bell, and governmental agencies in the United States and Japan.