GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Atul Auto Ltd (BOM:531795) » Definitions » 3-Year ROIIC %

Atul Auto (BOM:531795) 3-Year ROIIC % : -15.03% (As of Mar. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Atul Auto 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. Atul Auto's 3-Year ROIIC % for the quarter that ended in Mar. 2023 was -15.03%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BOM:531795's 3-Year ROIIC % is ranked worse than
76.41% of 1255 companies
in the Vehicles & Parts industry
Industry Median: 6.07 vs BOM:531795: -15.03

Atul Auto 3-Year ROIIC % Historical Data

The historical data trend for Atul Auto'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.

Atul Auto 3-Year ROIIC % Chart

Atul Auto 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 2.19 8.21 -44.78 -28.30 -15.03

Atul Auto 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 - -15.03 - - -

Competitive Comparison of Atul Auto's 3-Year ROIIC %

For the Auto Manufacturers subindustry, Atul Auto'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.


Atul Auto's 3-Year ROIIC % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Atul Auto's 3-Year ROIIC % distribution charts can be found below:

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



Atul Auto 3-Year ROIIC % Calculation

Atul Auto'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**
=( 192.28665 (Mar. 2023) - 500.76321 (Mar. 2020) )/( 5306.9 (Mar. 2023) - 3254.7 (Mar. 2020) )
=-308.47656/2052.2
=-15.03%***

* 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.


Atul Auto  (BOM:531795) 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.


Atul Auto 3-Year ROIIC % Related Terms

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


Atul Auto (BOM:531795) Business Description

Traded in Other Exchanges
Address
National Highway 8-B, Survey No. 86, Near Microwave Tower, Plot No. 1 - 4, Shapar (Veraval), Rajkot District, Rajkot, GJ, IND, 360024
Atul Auto Ltd is an Indian-based automobile manufacturing company. It manufactures and sells three-wheeled commercial automobiles in the domestic and overseas markets. The product portfolio of the company includes Atul Shakti, Atul Gem, Atul Smart, Atul Gemini, Atul RIK, and Atul Elite. The company has a presence in India as well as exports its products internationally. The majority of the revenue is earned from the domestic market. It operates in the following segment namely Automotive Vehicles and Parts and Non-Banking Financial Business.

Atul Auto (BOM:531795) Headlines

No Headlines