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.
TX Rail Products's 3-Year ROIIC % for the quarter that ended in Sep. 2020 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for TX Rail Products's 3-Year ROIIC % or its related term are showing as below:
TXRP's 3-Year ROIIC % is not ranked *
in the Industrial Distribution industry.
Industry Median: 10.09 * Ranked among companies with meaningful 3-Year ROIIC % only.
TX Rail Products 3-Year ROIIC % Historical Data
The historical data trend for TX Rail Products'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.
Competitive Comparison of TX Rail Products's 3-Year ROIIC %
For the Industrial Distribution subindustry, TX Rail Products'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.
TX Rail Products's 3-Year ROIIC % Distribution in the Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, TX Rail Products's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where TX Rail Products's 3-Year ROIIC % falls into.
TX Rail Products 3-Year ROIIC % Calculation
TX Rail Products's 3-Year ROIIC % for the quarter that ended in Sep. 2020 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -0.051 (Sep. 2020) - -0.003 (Sep. 2017) )
/
( 1.107 (Sep. 2020) - 0.748 (Sep. 2017) )
=
-0.048
/
0.359
=
-13.37%***
* 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.
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.
TX Rail Products 3-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of TX Rail Products's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
TX Rail Products (TX Rail Products) Business Description
TX Holdings Inc is engaged in the business of supplying, distributing and selling drill bits, related tools, and other mining supplies and rail material directly and through other suppliers to the United States coal mining industry which are used in production and transportation processes. The company's product profile includes Miner Bits, Block and Sleeves, and Miscellaneous parts.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TXRP has been successfully added to your 