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Latteys Industries (NSE:LATTEYS) 10-Year ROIIC % : 7.03% (As of Mar. 2024)


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What is Latteys Industries 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. Latteys Industries's 10-Year ROIIC % for the quarter that ended in Mar. 2024 was 7.03%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Latteys Industries's 10-Year ROIIC % or its related term are showing as below:

NSE:LATTEYS's 10-Year ROIIC % is ranked better than
55.12% of 2683 companies
in the Industrial Products industry
Industry Median: 5.63 vs NSE:LATTEYS: 7.03

Latteys Industries 10-Year ROIIC % Historical Data

The historical data trend for Latteys Industries'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.

Latteys Industries 10-Year ROIIC % Chart

Latteys Industries 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 - - - - 7.03

Latteys Industries Semi-Annual Data
Mar14 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 Premium Member Only - - - - 7.03

Competitive Comparison of Latteys Industries's 10-Year ROIIC %

For the Specialty Industrial Machinery subindustry, Latteys Industries'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.


Latteys Industries's 10-Year ROIIC % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Latteys Industries's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Latteys Industries's 10-Year ROIIC % falls into.


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Latteys Industries 10-Year ROIIC % Calculation

Latteys Industries'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**
=( 26.033802 (Mar. 2024) - 5.0787802 (Mar. 2014) )/( 368.117 (Mar. 2024) - 69.846 (Mar. 2014) )
=20.9550218/298.271
=7.03%***

* 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.


Latteys Industries  (NSE:LATTEYS) 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.


Latteys Industries 10-Year ROIIC % Related Terms

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Latteys Industries Business Description

Traded in Other Exchanges
N/A
Address
GIDC Estate, Plot No. 16, Phase-1/2, Naroda GIDC, Ahmedabad, GJ, IND, 382330
Latteys Industries Ltd is engaged in the manufacturing of submersible pumps. Its product profile includes Borewell submersible pumps, Openwell submersible pumps, Self-Priming, Centrifugal Monoblock pumps, Solar pump set, and others.

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