GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Extendicare Inc (OTCPK:EXETF) » Definitions » 3-Year ROIIC %

Extendicare (Extendicare) 3-Year ROIIC % : 8.53% (As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Extendicare 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. Extendicare's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 8.53%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

EXETF's 3-Year ROIIC % is ranked better than
61.63% of 602 companies
in the Healthcare Providers & Services industry
Industry Median: 2.285 vs EXETF: 8.53

Extendicare 3-Year ROIIC % Historical Data

The historical data trend for Extendicare'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.

Extendicare 3-Year ROIIC % Chart

Extendicare Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.30 -23.23 17.61 3.17 8.53

Extendicare Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.17 - - - 8.53

Competitive Comparison of Extendicare's 3-Year ROIIC %

For the Medical Care Facilities subindustry, Extendicare'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.


Extendicare's 3-Year ROIIC % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Extendicare's 3-Year ROIIC % distribution charts can be found below:

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



Extendicare 3-Year ROIIC % Calculation

Extendicare's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 35.5971635 (Dec. 2023) - 53.0728608 (Dec. 2020) )/( 376.767 (Dec. 2023) - 579.905 (Dec. 2020) )
=-17.4756973/-203.138
=8.60%***

* 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.


Extendicare  (OTCPK:EXETF) 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.


Extendicare 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Extendicare's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Extendicare (Extendicare) Business Description

Traded in Other Exchanges
Address
3000 Steeles Avenue East, Suite 700, Markham, ON, CAN, L3R 9W2
Extendicare Inc is a senior care provider in Canada, focused on long-term care and home health care. The company has three main business segments namely Long-term Care, Home Health Care, and Managed Services. The Long-term Care segment, operating under the Extendicare brand, represents 53 owned homes in Ontario, Alberta and Manitoba. The Home Health Care segment, operating under the ParaMed brand, provides more than 9 million hours of home health care services annually in Ontario, Alberta, Manitoba and Nova Scotia. The Managed Services segment, operating under the Extendicare Assist and SGP Purchasing Partner Network brands, provides management, consulting and group purchasing services to other care providers across Canada.

Extendicare (Extendicare) Headlines

From GuruFocus

Extendicare Announces December 2018 Dividend of C$0.04 per Share

By GlobeNewswire GlobeNewswire 12-14-2018

Extendicare Announces 2020 First Quarter Results

By GlobeNewswire GlobeNewswire 05-14-2020

Extendicare Announces December 2019 Dividend of C$0.04 per Share

By GlobeNewswire GlobeNewswire 12-12-2019

Extendicare Completes Acquisition of Lynde Creek Retirement Community

By GlobeNewswire GlobeNewswire 04-11-2018

Extendicare Appoints Dr. Michael R. Guerriere as New President and CEO

By GlobeNewswire GlobeNewswire 09-11-2018

Extendicare Announces Normal Course Issuer Bid

By GlobeNewswire GlobeNewswire 06-27-2022

Extendicare Announces 2021 First Quarter Results

By GlobeNewswire GlobeNewswire 05-12-2021