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Greek Organisation of Football Prognostics (ATH:OPAP) 3-Year ROIIC % : 46.59% (As of Dec. 2022)


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What is Greek Organisation of Football Prognostics 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Greek Organisation of Football Prognostics's 3-Year ROIIC % for the quarter that ended in Dec. 2022 was 46.59%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Greek Organisation of Football Prognostics's 3-Year ROIIC % or its related term are showing as below:

ATH:OPAP's 3-Year ROIIC % is ranked better than
75.9% of 805 companies
in the Travel & Leisure industry
Industry Median: 4.8 vs ATH:OPAP: 46.59

Greek Organisation of Football Prognostics 3-Year ROIIC % Historical Data

The historical data trend for Greek Organisation of Football Prognostics's 3-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.

Greek Organisation of Football Prognostics 3-Year ROIIC % Chart

Greek Organisation of Football Prognostics Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -39.42 230.79 -10.72 24.83 46.59

Greek Organisation of Football Prognostics Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
3-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 - 46.59 - - -

Competitive Comparison of Greek Organisation of Football Prognostics's 3-Year ROIIC %

For the Gambling subindustry, Greek Organisation of Football Prognostics's 3-Year ROIIC %, along with its competitors' market caps and 3-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.


Greek Organisation of Football Prognostics's 3-Year ROIIC % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Greek Organisation of Football Prognostics's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Greek Organisation of Football Prognostics's 3-Year ROIIC % falls into.



Greek Organisation of Football Prognostics 3-Year ROIIC % Calculation

Greek Organisation of Football Prognostics's 3-Year ROIIC % for the quarter that ended in Dec. 2022 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 485.2663404 (Dec. 2022) - 222.2803464 (Dec. 2019) )/( 2073.813 (Dec. 2022) - 1509.351 (Dec. 2019) )
=262.985994/564.462
=46.59%***

* 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 3-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.


Greek Organisation of Football Prognostics  (ATH:OPAP) 3-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.


Greek Organisation of Football Prognostics 3-Year ROIIC % Related Terms

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Greek Organisation of Football Prognostics (ATH:OPAP) Business Description

Address
112 Athinon Avenue, Attica, Athens, GRC, 104 42
Greek Organisation of Football Prognostics SA is a gambling company that operates lotteries and sports betting, including horse races. The company is the exclusive gambling provider in Greece. The firm is organized into segments based on the type of game: Lotteries, Betting, Online betting, other online games, instant and passive, Vlts, Telecom and emoney services and others. The gaming services are provided either online or through physical retailers. The company generates the vast majority of its revenue in Greece.

Greek Organisation of Football Prognostics (ATH:OPAP) Headlines

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