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Titaanium Ten Enterprise (BOM:539985) 3-Year ROIIC % : 3.91% (As of Mar. 2024)


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What is Titaanium Ten Enterprise 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. Titaanium Ten Enterprise's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was 3.91%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BOM:539985's 3-Year ROIIC % is ranked better than
51.89% of 1056 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.535 vs BOM:539985: 3.91

Titaanium Ten Enterprise 3-Year ROIIC % Historical Data

The historical data trend for Titaanium Ten Enterprise'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.

Titaanium Ten Enterprise 3-Year ROIIC % Chart

Titaanium Ten Enterprise 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 9.58 30.81 -7.39 12.18 3.91

Titaanium Ten Enterprise Semi-Annual Data
Mar14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 -7.39 - 12.18 - 3.91

Competitive Comparison of Titaanium Ten Enterprise's 3-Year ROIIC %

For the Textile Manufacturing subindustry, Titaanium Ten Enterprise'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.


Titaanium Ten Enterprise's 3-Year ROIIC % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Titaanium Ten Enterprise's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Titaanium Ten Enterprise's 3-Year ROIIC % falls into.



Titaanium Ten Enterprise 3-Year ROIIC % Calculation

Titaanium Ten Enterprise'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**
=( 45.2649924 (Mar. 2024) - 41.4119862 (Mar. 2021) )/( 580.621 (Mar. 2024) - 482.044 (Mar. 2021) )
=3.8530062/98.577
=3.91%***

* 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.


Titaanium Ten Enterprise  (BOM:539985) 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.


Titaanium Ten Enterprise 3-Year ROIIC % Related Terms

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Titaanium Ten Enterprise (BOM:539985) Business Description

Traded in Other Exchanges
N/A
Address
Ring Road, Shop No. 901/914, 9th Floor, Rajhans Complex, Beside Nirmal Children Hospital, Surat, GJ, IND, 395002
Titaanium Ten Enterprise Ltd operates in the textile industry. The company is mainly engaged in the trading of yarn, grey cloth, and knitted fabrics as well as manufacturing of knitted fabrics. It operates through Textile and Logistic segments. The firm generates majority revenue from the Textile segment.

Titaanium Ten Enterprise (BOM:539985) Headlines

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