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Daiei Kankyo Co (TSE:9336) 3-Year ROIIC % : 15.79% (As of Mar. 2024)


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What is Daiei Kankyo Co 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. Daiei Kankyo Co's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was 15.79%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:9336's 3-Year ROIIC % is ranked better than
77.78% of 234 companies
in the Waste Management industry
Industry Median: 0.37 vs TSE:9336: 15.79

Daiei Kankyo Co 3-Year ROIIC % Historical Data

The historical data trend for Daiei Kankyo Co'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.

Daiei Kankyo Co 3-Year ROIIC % Chart

Daiei Kankyo Co Annual Data
Trend Mar21 Mar22 Mar23 Mar24
3-Year ROIIC %
- - - 15.79

Daiei Kankyo Co Quarterly Data
Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only - - - - 15.79

Competitive Comparison of Daiei Kankyo Co's 3-Year ROIIC %

For the Waste Management subindustry, Daiei Kankyo Co'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.


Daiei Kankyo Co's 3-Year ROIIC % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Daiei Kankyo Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Daiei Kankyo Co's 3-Year ROIIC % falls into.



Daiei Kankyo Co 3-Year ROIIC % Calculation

Daiei Kankyo Co'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**
=( 13114.418 (Mar. 2024) - 8541.8832 (Mar. 2021) )/( 128330 (Mar. 2024) - 99368 (Mar. 2021) )
=4572.5348/28962
=15.79%***

* 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.


Daiei Kankyo Co  (TSE:9336) 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.


Daiei Kankyo Co 3-Year ROIIC % Related Terms

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Daiei Kankyo Co (TSE:9336) Business Description

Traded in Other Exchanges
N/A
Address
2-9-1 Koyo-cho, Kobe Fashion Plaza, Higashinada-ku, Hyogo Prefecture, Kobe, JPN, 658-0032
Daiei Kankyo Co Ltd is a engaged in the waste-related business. It focuses on collection and transportation, intermediate treatment and recycling, and final disposal of both general and industrial waste and valuable resource recycing business.

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