10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year.
ERF Wireless's 10-Year ROIIC % for the quarter that ended in Dec. 2013 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 ERF Wireless's 10-Year ROIIC % or its related term are showing as below:
ERFB's 10-Year ROIIC % is not ranked *
in the Hardware industry.
Industry Median: 4.3 * Ranked among companies with meaningful 10-Year ROIIC % only.
ERF Wireless 10-Year ROIIC % Historical Data
The historical data trend for ERF Wireless's 10-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 ERF Wireless's 10-Year ROIIC %
For the Communication Equipment subindustry, ERF Wireless's 10-Year ROIIC %, along with its competitors' market caps and 10-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.
ERF Wireless's 10-Year ROIIC % Distribution in the Hardware Industry
For the Hardware industry and Technology sector, ERF Wireless's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where ERF Wireless's 10-Year ROIIC % falls into.
ERF Wireless 10-Year ROIIC % Calculation
ERF Wireless's 10-Year ROIIC % for the quarter that ended in Dec. 2013 is calculated as:
10-Year ROIIC %
=
10-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
10-Year Incremental Invested Capital**
=
( -4.518 (Dec. 2013) - -0.048 (Dec. 2003) )
/
( 7.115 (Dec. 2013) - 1.232 (Dec. 2003) )
=
-4.47
/
5.883
=
-75.98%***
* 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 10-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.
ERF Wireless 10-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of ERF Wireless's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
ERF Wireless Inc provides critical infrastructure wireless broadband communications products and services to a broad spectrum of customers in primarily rural oil and gas exploration. It also provides high-quality broadband services and critical communications services to residential, oil and gas, educational, healthcare, and regional banks in rural areas utilizing. As a total comprehensive solutions provider, the group offers a wide array of critical communications services, including high-speed broadband, voice over Internet Protocol (VOIP) telephone and facsimile service, and video security. The business activities generally function in the areas of North America.
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