FRLA has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
FRLA has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. Fortune Rise Acquisition does not have enough data to calculate 10-Year ROIIC %.
The historical data trend for Fortune Rise Acquisition'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.
Fortune Rise Acquisition Annual Data | |||||||
Trend | Dec21 | Dec22 | Dec23 | ||||
10-Year ROIIC % | - | - | - |
Fortune Rise Acquisition Quarterly Data | ||||||||||||||
Feb21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
10-Year ROIIC % | Get a 7-Day Free Trial | - | - | - | - | - |
For the Shell Companies subindustry, Fortune Rise Acquisition'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.
For the Diversified Financial Services industry and Financial Services sector, Fortune Rise Acquisition's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Fortune Rise Acquisition's 10-Year ROIIC % falls into.
Fortune Rise Acquisition's 10-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:
10-Year ROIIC % | = | 10-Year Incremental Net Operating Profit After Taxes (NOPAT)** | / | 10-Year Incremental Invested Capital** |
= | ( 5.3206986 (Dec. 2023) - (Dec. 2013) ) | / | ( 39.615 (Dec. 2023) - (Dec. 2013) ) | |
= | / | |||
= | N/A%*** |
* 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.
Fortune Rise Acquisition (OTCPK:FRLA) 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.
Thank you for viewing the detailed overview of Fortune Rise Acquisition's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Ronald Jay Pollack | director | 1862 MCCAULEY RD, CLEARWATER FL 33765 |
Ryan Spick | director | 18034 N 134TH AVE, SUN CITY WEST AZ 85375 |
Philip Goodman | director | 6 OAKWOOD DRIVE, SEWALL'S POINT FL 34996 |
Saba Capital Management, L.p. | 10 percent owner | 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174 |
Boaz Weinstein | 10 percent owner | 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174 |
J Richard Iler | officer: PEO and CFO | 815 WALKER STREET, STE. 1155, HOUSTON TX 77002 |
Payam Eshraghian | director | 20601 TROON LANE, HUNTINGTON BEACH CA 92646 |
Michael Davidov | director | 60 EAST 42 STREET, NEW YORK NY 10165 |
David Xianglin Li | director | 3 STONER AVE, GREAT NECK NY 11021 |
Lei Huang | director, officer: Chief Executive Officer | 3 STONER AVE, GREAT NECK NY 10021 |
Norman C Kristoff | director | C/O JAMES M. RAE, ESQ., 330 MADISON AVEUNE, 29TH FLOOR, NEW YORK NY 10017 |
Yuanmei Ma | officer: Chief Financial Officer | ROOM 605A TOWER A, RAYCOM INFO TECH PARK, NO. 2 KEXUEYUAN S. RD., ZHONGGUANCUN, HAIDIAN DISTRICT, BEIJING F4 100080 |
Lei Xu | director, officer: President and Chairwoman | 1818 LINDA VISTA CIR., FULLERTON CA 92831 |
Fortune Rise Sponsor Llc | 10 percent owner | 48 BRIDGE STREET, BUILDING A, METUCHEN NJ 08840 |
Koon Keung Chan | 10 percent owner | 48 BRIDGE STREET, BUILDING A, METUCHEN NJ 08840 |
From GuruFocus
By ACCESSWIRE • 02-12-2024
By ACCESSWIRE • 03-06-2024
By Business Wire • 10-24-2023
By ACCESSWIRE • 01-09-2024
By ACCESSWIRE • 10-08-2024
By Business Wire • 09-28-2023
By Business Wire • 09-26-2023
By ACCESSWIRE • 06-07-2024
By GuruFocus News • 11-14-2024
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.