GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » PT Gowa Makassar Tourism Development Tbk (ISX:GMTD) » Definitions » 3-Year ROIIC %

PT Gowa Makassar Tourism Development Tbk (ISX:GMTD) 3-Year ROIIC % : 95.58% (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is PT Gowa Makassar Tourism Development Tbk 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. PT Gowa Makassar Tourism Development Tbk's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 95.58%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for PT Gowa Makassar Tourism Development Tbk's 3-Year ROIIC % or its related term are showing as below:

ISX:GMTD's 3-Year ROIIC % is ranked better than
95.24% of 1763 companies
in the Real Estate industry
Industry Median: 2.36 vs ISX:GMTD: 95.58

PT Gowa Makassar Tourism Development Tbk 3-Year ROIIC % Historical Data

The historical data trend for PT Gowa Makassar Tourism Development Tbk'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.

PT Gowa Makassar Tourism Development Tbk 3-Year ROIIC % Chart

PT Gowa Makassar Tourism Development Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.01 19.72 38.12 64.43 95.58

PT Gowa Makassar Tourism Development Tbk 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 64.43 - - - 95.58

Competitive Comparison of PT Gowa Makassar Tourism Development Tbk's 3-Year ROIIC %

For the Real Estate - Development subindustry, PT Gowa Makassar Tourism Development Tbk'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.


PT Gowa Makassar Tourism Development Tbk's 3-Year ROIIC % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Gowa Makassar Tourism Development Tbk's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where PT Gowa Makassar Tourism Development Tbk's 3-Year ROIIC % falls into.



PT Gowa Makassar Tourism Development Tbk 3-Year ROIIC % Calculation

PT Gowa Makassar Tourism Development Tbk's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 156713.8290991 (Dec. 2023) - 18960.711979 (Dec. 2020) )/( 1079001.856 (Dec. 2023) - 934876.258 (Dec. 2020) )
=137753.1171201/144125.598
=95.58%***

* 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.


PT Gowa Makassar Tourism Development Tbk  (ISX:GMTD) 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.


PT Gowa Makassar Tourism Development Tbk 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of PT Gowa Makassar Tourism Development Tbk's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Gowa Makassar Tourism Development Tbk (ISX:GMTD) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Metro Tanjung Bunga Mall GTC, GA-9 No. 1B, Tanjung Bunga, Sulawesi Selatan, Makassar, IDN, 90134
PT Gowa Makassar Tourism Development Tbk engages in property development and investment business. It is involved in the development of residential estates, apartments, condominiums, hotels, recreational facilities, commercial complexes, real estate, and other supporting facilities. It classifies its business activities into two business segments, the Core segment which consists of sales of residential houses, shop houses, and ready-to-build land, and a supporting segment consisting of Akkarena tourism area management and urban management. Its projects include Residential and Commercial. Its organization is based in Indonesia and the majority of its revenues are derived from the real estate business.

PT Gowa Makassar Tourism Development Tbk (ISX:GMTD) Headlines

No Headlines