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Thruvision Group (LSE:THRU) 3-Year ROIIC % : 30.36% (As of Mar. 2023)


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What is Thruvision Group 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. Thruvision Group's 3-Year ROIIC % for the quarter that ended in Mar. 2023 was 30.36%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

LSE:THRU's 3-Year ROIIC % is ranked better than
78.19% of 1004 companies
in the Business Services industry
Industry Median: 5.57 vs LSE:THRU: 30.36

Thruvision Group 3-Year ROIIC % Historical Data

The historical data trend for Thruvision Group'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.

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Thruvision Group 3-Year ROIIC % Chart

Thruvision Group 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 -8.64 -1.00 -0.96 62.39 30.36

Thruvision Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 62.39 - 30.36 -

Competitive Comparison of Thruvision Group's 3-Year ROIIC %

For the Security & Protection Services subindustry, Thruvision Group'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.


Thruvision Group's 3-Year ROIIC % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Thruvision Group's 3-Year ROIIC % distribution charts can be found below:

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



Thruvision Group 3-Year ROIIC % Calculation

Thruvision Group'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**
=( -0.9472896 (Mar. 2023) - -1.4722435 (Mar. 2020) )/( 8.414 (Mar. 2023) - 6.685 (Mar. 2020) )
=0.5249539/1.729
=30.36%***

* 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.


Thruvision Group  (LSE:THRU) 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.


Thruvision Group 3-Year ROIIC % Related Terms

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Thruvision Group (LSE:THRU) Business Description

Traded in Other Exchanges
Address
121 Olympic Avenue, Milton Park, Abingdon, Oxon, GBR, OX14 4SA
Thruvision Group PLC is engaged in developing and selling people-screening technology to the security market. Geographically, it derives a majority of its revenue from the Americas and also has a presence in the UK and Europe, and the Rest of World. Its product includes TS4-C, TS4-SC, TAC, and others. The company serves various markets such as Mass Transit Security, Customs and Border Control, Profit Protection, Visitor-friendly Security, and Entrance Security.

Thruvision Group (LSE:THRU) Headlines

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