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Morganite Crucible (India) (BOM:523160) 10-Year ROIIC % : 41.00% (As of Mar. 2024)


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What is Morganite Crucible (India) 10-Year ROIIC %?

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. Morganite Crucible (India)'s 10-Year ROIIC % for the quarter that ended in Mar. 2024 was 41.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Morganite Crucible (India)'s 10-Year ROIIC % or its related term are showing as below:

BOM:523160's 10-Year ROIIC % is ranked better than
90.72% of 2693 companies
in the Industrial Products industry
Industry Median: 5.33 vs BOM:523160: 41.00

Morganite Crucible (India) 10-Year ROIIC % Historical Data

The historical data trend for Morganite Crucible (India)'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.

* Premium members only.

Morganite Crucible (India) 10-Year ROIIC % Chart

Morganite Crucible (India) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.23 38.78 19.22 7.73 41.00

Morganite Crucible (India) Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
10-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 - - 41.00 - -

Competitive Comparison of Morganite Crucible (India)'s 10-Year ROIIC %

For the Specialty Industrial Machinery subindustry, Morganite Crucible (India)'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.


Morganite Crucible (India)'s 10-Year ROIIC % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Morganite Crucible (India)'s 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Morganite Crucible (India)'s 10-Year ROIIC % falls into.



Morganite Crucible (India) 10-Year ROIIC % Calculation

Morganite Crucible (India)'s 10-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 220.8918777 (Mar. 2024) - 75.715416 (Mar. 2014) )/( 896.683 (Mar. 2024) - 542.613 (Mar. 2014) )
=145.1764617/354.07
=41.00%***

* 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.


Morganite Crucible (India)  (BOM:523160) 10-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.


Morganite Crucible (India) 10-Year ROIIC % Related Terms

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Morganite Crucible (India) Business Description

Traded in Other Exchanges
N/A
Address
B-11, MIDC Industrial Area, Waluj, Aurangabad, MH, IND, 431136
Morganite Crucible (India) Ltd is engaged in the business of manufacturing and selling high-functioning Crucibles, Foundry consumables, and Allied refractory products. Its product portfolio encompasses a range of crucibles and foundry products which are offered in distinct shapes and sizes. Some of its products are Syncarb Z2e2, Suprex, Nozzle, Blue Lightning Thermocouple Sheaths, Tubes and plunger mix, Salamander and others. The company does its sales via geographical segments that include India, Asia and the Far East, Europe, Africa, the Middle East, America, and Others. The majority of its revenue is derived from India.

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