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.
Kuraray Co's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 14.81%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Kuraray Co's 3-Year ROIIC % or its related term are showing as below:
KURRY's 3-Year ROIIC % is ranked better than 69.74% of 1527
companies
in the Chemicals industry
Industry Median: 4
vs KURRY: 14.81
Kuraray Co 3-Year ROIIC % Historical Data
The historical data trend for Kuraray Co'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 Kuraray Co's 3-Year ROIIC %
For the Chemicals subindustry, Kuraray Co'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.
Kuraray Co's 3-Year ROIIC % Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Kuraray Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Kuraray Co's 3-Year ROIIC % falls into.
Kuraray Co 3-Year ROIIC % Calculation
Kuraray Co'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)**
* 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.
Kuraray Co (OTCPK:KURRY) 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.
Kuraray Co 3-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Kuraray Co's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Kuraray Co Ltd manufactures and sells specialty chemicals, fiber, and resin. The firm organizes itself into six segments based on product type. The Vinyl Acetate segment, which generates the most revenue of any segment, sells plastic films and resins for use in the food packaging and electronics industries. The Isoprene segment sells isoprene chemicals, thermoplastic elastomers, and liquid rubber. The Functional Materials segment sells dental materials, while the Fibers and Textiles segment sells fibers for cement and concrete, industrial products for automobiles, and hook and loop fasteners for clothing. The other two segments are Trading, and Other. The majority of revenue comes from Asia.
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