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Nerds On Site (XCNQ:NERD) 3-Year ROIIC % : -77.60% (As of May. 2023)


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What is Nerds On Site 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. Nerds On Site's 3-Year ROIIC % for the quarter that ended in May. 2023 was -77.60%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

XCNQ:NERD's 3-Year ROIIC % is ranked worse than
86.27% of 2601 companies
in the Software industry
Industry Median: 1.76 vs XCNQ:NERD: -77.60

Nerds On Site 3-Year ROIIC % Historical Data

The historical data trend for Nerds On Site'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.

Nerds On Site 3-Year ROIIC % Chart

Nerds On Site Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23
3-Year ROIIC %
Get a 7-Day Free Trial - 185.59 10.53 -119.46 -77.60

Nerds On Site Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - -77.60 - - -

Competitive Comparison of Nerds On Site's 3-Year ROIIC %

For the Information Technology Services subindustry, Nerds On Site'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.


Nerds On Site's 3-Year ROIIC % Distribution in the Software Industry

For the Software industry and Technology sector, Nerds On Site's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Nerds On Site's 3-Year ROIIC % falls into.



Nerds On Site 3-Year ROIIC % Calculation

Nerds On Site's 3-Year ROIIC % for the quarter that ended in May. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -0.563 (May. 2023) - -1.796 (May. 2020) )/( 0.834 (May. 2023) - 2.423 (May. 2020) )
=1.233/-1.589
=-77.60%***

* 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.


Nerds On Site  (XCNQ:NERD) 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.


Nerds On Site 3-Year ROIIC % Related Terms

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Nerds On Site (XCNQ:NERD) Business Description

Traded in Other Exchanges
Address
4026 Meadowbrook Drive, Unit 120-121, London, ON, CAN, N6L 1C7
Nerds On Site Inc provides mobile information technology (IT) support for small to medium-sized enterprises. Its services include computer set-up, network installation, tailored software services, and IT support. The company offers business solutions and residential services. The corporation oversees and retains a network of technically proficient and specially trained independent IT consultants (Consultants) to help clients by providing on-site, effective, consistent, and customized IT solutions. Its revenue is principally derived from service fees charged for consulting services performed by the consultants and the sale of off-the-shelf software, hardware, and related support.

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