GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rajnandini Metal Ltd (NSE:RAJMET) » Definitions » 10-Year ROIIC %

Rajnandini Metal (NSE:RAJMET) 10-Year ROIIC % : 11.10% (As of Mar. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Rajnandini Metal 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. Rajnandini Metal's 10-Year ROIIC % for the quarter that ended in Mar. 2023 was 11.10%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NSE:RAJMET's 10-Year ROIIC % is ranked better than
75.04% of 2135 companies
in the Metals & Mining industry
Industry Median: -3.47 vs NSE:RAJMET: 11.10

Rajnandini Metal 10-Year ROIIC % Historical Data

The historical data trend for Rajnandini Metal'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.

Rajnandini Metal 10-Year ROIIC % Chart

Rajnandini Metal Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 11.10

Rajnandini Metal Quarterly Data
Mar17 Mar18 Mar19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 11.10 - - -

Competitive Comparison of Rajnandini Metal's 10-Year ROIIC %

For the Copper subindustry, Rajnandini Metal'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.


Rajnandini Metal's 10-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Rajnandini Metal's 10-Year ROIIC % distribution charts can be found below:

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



Rajnandini Metal 10-Year ROIIC % Calculation

Rajnandini Metal's 10-Year ROIIC % for the quarter that ended in Mar. 2023 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 118.07571 (Mar. 2023) - 17.438367 (Mar. 2013) )/( 1147.4 (Mar. 2023) - 241.012 (Mar. 2013) )
=100.637343/906.388
=11.10%***

* 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.


Rajnandini Metal  (NSE:RAJMET) 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.


Rajnandini Metal 10-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Rajnandini Metal's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Rajnandini Metal (NSE:RAJMET) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 344, Sector - 3, Phase - II, IMT Bawal, Rewari, Bawal, HR, IND, 123501
Rajnandini Metal Ltd is an India-based company mainly y engaged in the business of manufacturing, trading or otherwise deal in high-grade Copper Continuous Casting Rods and copper wires. Its Products offeres Copper Rod Annealed Bare Copper Wire, Fine Copper Wire, Bunched Copper Wire, and Submersible Wires & Flat Cables.

Rajnandini Metal (NSE:RAJMET) Headlines

No Headlines