GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Optex Systems Holdings Inc (OTCPK:OPXXW) » Definitions » 3-Year ROIIC %

Optex Systems Holdings (Optex Systems Holdings) 3-Year ROIIC % : 1.65% (As of Sep. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Optex Systems Holdings 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. Optex Systems Holdings's 3-Year ROIIC % for the quarter that ended in Sep. 2023 was 1.65%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

OPXXW's 3-Year ROIIC % is ranked worse than
50.84% of 299 companies
in the Aerospace & Defense industry
Industry Median: 1.71 vs OPXXW: 1.65

Optex Systems Holdings 3-Year ROIIC % Historical Data

The historical data trend for Optex Systems Holdings'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.

Optex Systems Holdings 3-Year ROIIC % Chart

Optex Systems Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 98.65 44.38 -30.12 -138.60 1.65

Optex Systems Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 - - 1.65 - -

Competitive Comparison of Optex Systems Holdings's 3-Year ROIIC %

For the Aerospace & Defense subindustry, Optex Systems Holdings'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.


Optex Systems Holdings's 3-Year ROIIC % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Optex Systems Holdings's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Optex Systems Holdings's 3-Year ROIIC % falls into.



Optex Systems Holdings 3-Year ROIIC % Calculation

Optex Systems Holdings's 3-Year ROIIC % for the quarter that ended in Sep. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 2.3084721 (Sep. 2023) - 2.2331718 (Sep. 2020) )/( 18.685 (Sep. 2023) - 14.121 (Sep. 2020) )
=0.0753003/4.564
=1.65%***

* 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.


Optex Systems Holdings  (OTCPK:OPXXW) 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.


Optex Systems Holdings 3-Year ROIIC % Related Terms

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


Optex Systems Holdings (Optex Systems Holdings) Business Description

Traded in Other Exchanges
Address
1420 Presidential Drive, Richardson, TX, USA, 75081-2439
Optex Systems Holdings Inc manufactures optical sighting systems and assemblies for the U.S. Department of Defense, foreign military applications, and commercial markets. Its products are installed on a variety of United States military land vehicles, such as the Abrams and Bradley fighting vehicles, and light armored and security vehicles, and have been selected for installation on the Stryker family of vehicles. The company's operating segment includes Optex Richardson and Applied Optics Center Dallas. It generates maximum revenue from the Applied Optics Center Dallas segment. Some of its products include M17 Day/Thermal Periscope; DDAN / M36 Sights; Laser Protected Periscopes; Muzzle Reference Sensor and others.