GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Simmonds Marshall Ltd (BOM:507998) » Definitions » 3-Year ROIIC %

Simmonds Marshall (BOM:507998) 3-Year ROIIC % : 57.87% (As of Mar. 2023)


View and export this data going back to 2001. Start your Free Trial

What is Simmonds Marshall 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. Simmonds Marshall's 3-Year ROIIC % for the quarter that ended in Mar. 2023 was 57.87%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Simmonds Marshall's 3-Year ROIIC % or its related term are showing as below:

BOM:507998's 3-Year ROIIC % is ranked better than
88.26% of 2913 companies
in the Industrial Products industry
Industry Median: 4.76 vs BOM:507998: 57.87

Simmonds Marshall 3-Year ROIIC % Historical Data

The historical data trend for Simmonds Marshall'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.

Simmonds Marshall 3-Year ROIIC % Chart

Simmonds Marshall Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.80 -63.29 -52.91 -22.46 57.87

Simmonds Marshall Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 57.87 - - -

Competitive Comparison of Simmonds Marshall's 3-Year ROIIC %

For the Tools & Accessories subindustry, Simmonds Marshall'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.


Simmonds Marshall's 3-Year ROIIC % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Simmonds Marshall's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Simmonds Marshall's 3-Year ROIIC % falls into.



Simmonds Marshall 3-Year ROIIC % Calculation

Simmonds Marshall's 3-Year ROIIC % for the quarter that ended in Mar. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 54.3177922 (Mar. 2023) - -34.3751993 (Mar. 2020) )/( 1234.443 (Mar. 2023) - 1081.191 (Mar. 2020) )
=88.6929915/153.252
=57.87%***

* 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.


Simmonds Marshall  (BOM:507998) 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.


Simmonds Marshall 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Simmonds Marshall's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Simmonds Marshall (BOM:507998) Business Description

Traded in Other Exchanges
N/A
Address
5, Wallace Street, Apeejay Chambers, Fort, Mumbai, MH, IND, 400001
Simmonds Marshall Ltd is a manufacturer of industrial fasteners. It caters to the automotive and industrial sectors and supplies to almost all the major automobile manufacturers in India as original equipment suppliers. The company product range comprises of Cleveloc and all metal self-locking nuts, Dome cap, Slotted and castle, Nylon insert self-locking nuts, Bolts and Studs. It operates in two geographical segments: India and other countries, of which maximum revenue is derived from India.

Simmonds Marshall (BOM:507998) Headlines

No Headlines