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Clipper Logistics (CHIX:CLGL) ROIC % : 8.94% (As of Oct. 2021)


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What is Clipper Logistics ROIC %?

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Clipper Logistics's annualized return on invested capital (ROIC %) for the quarter that ended in Oct. 2021 was 8.94%.

As of today (2025-07-23), Clipper Logistics's WACC % is 0.00%. Clipper Logistics's ROIC % is 0.00% (calculated using TTM income statement data). Clipper Logistics earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Clipper Logistics ROIC % Historical Data

The historical data trend for Clipper Logistics's ROIC % 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.

Clipper Logistics ROIC % Chart

Clipper Logistics Annual Data
Trend Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.13 13.23 10.77 8.61 7.93

Clipper Logistics Semi-Annual Data
Apr11 Apr12 Apr13 Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21
ROIC % 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 8.49 7.50 9.69 8.45 8.94

Competitive Comparison of Clipper Logistics's ROIC %

For the Integrated Freight & Logistics subindustry, Clipper Logistics's ROIC %, along with its competitors' market caps and ROIC % 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.


Clipper Logistics's ROIC % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Clipper Logistics's ROIC % distribution charts can be found below:

* The bar in red indicates where Clipper Logistics's ROIC % falls into.


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Clipper Logistics ROIC % Calculation

Clipper Logistics's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Apr. 2021 is calculated as:

ROIC % (A: Apr. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Apr. 2020 ) + Invested Capital (A: Apr. 2021 ))/ count )
=36.299 * ( 1 - 18.98% )/( (349.894 + 391.757)/ 2 )
=29.4094498/370.8255
=7.93 %

where

Invested Capital(A: Apr. 2021 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=475.826 - 120.848 - ( 17.998 - max(0, 221.359 - 184.58+17.998))
=391.757

Clipper Logistics's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Oct. 2021 is calculated as:

ROIC % (Q: Oct. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2021 ) + Invested Capital (Q: Oct. 2021 ))/ count )
=40.292 * ( 1 - 20.57% )/( (391.757 + 324.329)/ 2 )
=32.0039356/358.043
=8.94 %

where

Invested Capital(Q: Apr. 2021 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=475.826 - 120.848 - ( 17.998 - max(0, 221.359 - 184.58+17.998))
=391.757

Note: The Operating Income data used here is two times the semi-annual (Oct. 2021) data.

* 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.


Clipper Logistics  (CHIX:CLGl) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Clipper Logistics's WACC % is 0.00%. Clipper Logistics's ROIC % is 0.00% (calculated using TTM income statement data).


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Clipper Logistics ROIC % Related Terms

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Clipper Logistics Business Description

Traded in Other Exchanges
N/A
Address
Gelderd Road, Carlton Court, Clipper Logistics Group, Leeds, West Yorkshire, GBR, LS12 6LT
Clipper Logistics PLC offers logistics solutions. The company's operating segment includes Value-added logistics services and Commercial vehicles. Its Value-added logistics services segment includes E-fulfilment and returns management services; Non-e-fulfilment logistics and Central logistics overheads. It generates maximum revenue from the Value-added logistics services segment. Geographically, it derives a majority of revenue from the United Kingdom and also has a presence in Germany and the Rest of Europe. These activities include services such as a receipt, warehousing, stock management, picking, packing and dispatch of products on behalf of customers, as well as on behalf of retailers under the brand name Boomerang.

Clipper Logistics Headlines

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