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Harju Elekter Group (OTSE:HAE1T) 5-Year ROIIC % : 7.50% (As of Dec. 2023)


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What is Harju Elekter Group 5-Year ROIIC %?

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Harju Elekter Group's 5-Year ROIIC % for the quarter that ended in Dec. 2023 was 7.50%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Harju Elekter Group's 5-Year ROIIC % or its related term are showing as below:

OTSE:HAE1T's 5-Year ROIIC % is ranked better than
56.49% of 2783 companies
in the Industrial Products industry
Industry Median: 4.98 vs OTSE:HAE1T: 7.50

Harju Elekter Group 5-Year ROIIC % Historical Data

The historical data trend for Harju Elekter Group's 5-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.

Harju Elekter Group 5-Year ROIIC % Chart

Harju Elekter Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 7.88 0.32 -12.30 7.50

Harju Elekter Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
5-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 - 7.50 - - -

Competitive Comparison of Harju Elekter Group's 5-Year ROIIC %

For the Electrical Equipment & Parts subindustry, Harju Elekter Group's 5-Year ROIIC %, along with its competitors' market caps and 5-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.


Harju Elekter Group's 5-Year ROIIC % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Harju Elekter Group's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Harju Elekter Group's 5-Year ROIIC % falls into.



Harju Elekter Group 5-Year ROIIC % Calculation

Harju Elekter Group's 5-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 6.9309688 (Dec. 2023) - 1.5012954 (Dec. 2018) )/( 151.248 (Dec. 2023) - 78.871 (Dec. 2018) )
=5.4296734/72.377
=7.50%***

* 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 5-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.


Harju Elekter Group  (OTSE:HAE1T) 5-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.


Harju Elekter Group 5-Year ROIIC % Related Terms

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Harju Elekter Group Business Description

Traded in Other Exchanges
Address
Paldiski maantee 31/2, Keila, EST, 76606
Harju Elekter Group is an Estonia-based company engaged in the production of electrical equipment. The company operates in two segments including Production and Real estate. The Production segment includes factories producing power distribution and control equipment in Estonia, Finland, Sweden, and Lithuania. The core production of factories consists of equipment for the distribution of medium and low-voltage electricity, various electrical power switching and conversion devices, and automation and control centers for use by the energy, industrial, and maritime sectors, and infrastructure objects. The Real estate segment includes the development, project management, leasing, and other related services of industrial real estate for leasing partners and the group's companies.

Harju Elekter Group Headlines

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