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Canaf Investments (TSXV:CAF) 1-Year ROIIC % : 104.64% (As of Jan. 2024)


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What is Canaf Investments 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. Canaf Investments's 1-Year ROIIC % for the quarter that ended in Jan. 2024 was 104.64%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSXV:CAF's 1-Year ROIIC % is ranked better than
86.05% of 559 companies
in the Steel industry
Industry Median: 3.34 vs TSXV:CAF: 104.64

Canaf Investments 1-Year ROIIC % Historical Data

The historical data trend for Canaf Investments'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.

Canaf Investments 1-Year ROIIC % Chart

Canaf Investments Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.40 -33.83 283.45 27.16 119.62

Canaf Investments Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - -832.24 -129.97 119.62 104.64

Competitive Comparison of Canaf Investments's 1-Year ROIIC %

For the Coking Coal subindustry, Canaf Investments'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.


Canaf Investments's 1-Year ROIIC % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Canaf Investments's 1-Year ROIIC % distribution charts can be found below:

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



Canaf Investments 1-Year ROIIC % Calculation

Canaf Investments's 1-Year ROIIC % for the quarter that ended in Jan. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 2.4966 (Jan. 2024) - 1.4931 (Jan. 2023) )/( 4.198 (Jan. 2024) - 3.239 (Jan. 2023) )
=1.0035/0.959
=104.64%***

* 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.


Canaf Investments  (TSXV:CAF) 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.


Canaf Investments 1-Year ROIIC % Related Terms

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Canaf Investments (TSXV:CAF) Business Description

Traded in Other Exchanges
Address
1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Canaf Investments Inc is a Canadian company that owns and operates a coal processing plant in South Africa that processes coal and coal products into calcine, a coke substitute with high carbon content. The company, through its subsidiaries, produces calcined anthracite used in the manufacturing process of steel and manganese. The company operates in two reportable segments are Canada and South Africa, out of which the majority of revenue comes from South Africa.
Executives
Monita Faris Director