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Charms Industries (BOM:531327) 3-Year ROIIC % : 10.51% (As of Mar. 2024)


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What is Charms Industries 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. Charms Industries's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was 10.51%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BOM:531327's 3-Year ROIIC % is ranked better than
66.97% of 657 companies
in the Capital Markets industry
Industry Median: 1.87 vs BOM:531327: 10.51

Charms Industries 3-Year ROIIC % Historical Data

The historical data trend for Charms Industries'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.

Charms Industries 3-Year ROIIC % Chart

Charms Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.55 67.63 24.70 2.69 10.51

Charms Industries Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - 10.51 -

Competitive Comparison of Charms Industries's 3-Year ROIIC %

For the Capital Markets subindustry, Charms Industries'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.


Charms Industries's 3-Year ROIIC % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Charms Industries's 3-Year ROIIC % distribution charts can be found below:

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



Charms Industries 3-Year ROIIC % Calculation

Charms Industries's 3-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -1.3697019 (Mar. 2024) - -1.84176 (Mar. 2021) )/( 8.708 (Mar. 2024) - 4.218 (Mar. 2021) )
=0.4720581/4.49
=10.51%***

* 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.


Charms Industries  (BOM:531327) 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.


Charms Industries 3-Year ROIIC % Related Terms

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


Charms Industries Business Description

Traded in Other Exchanges
N/A
Address
108-B/109, Sampada Building, Mithakali Six Roads, Opposite Hare Krishna Complex, Behind Kiran Motors, Ahmedabad, GJ, IND, 380 009
Charms Industries Ltd is engaged in the agricultural produce business. The company deals in all or any types of products agricultural, horticulture, herbals, industrial products, consumer products, consumer durables, building materials, pharmaceuticals, engineering, chemicals, petrochemicals, rubber, plastics, polymers, textiles, all types of precious metals, metal ferrous and non-ferrous metal products, stones, semi-precious stones, precious stones of all shapes, specifications, and varieties. The company has decided to explore and commence a new business line of trading and dealing with Sponge Iron.

Charms Industries Headlines

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