GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sandhar Technologies Ltd (NSE:SANDHAR) » Definitions » 10-Year ROIIC %

Sandhar Technologies (NSE:SANDHAR) 10-Year ROIIC % : 6.35% (As of Mar. 2024)


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

What is Sandhar Technologies 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. Sandhar Technologies's 10-Year ROIIC % for the quarter that ended in Mar. 2024 was 6.35%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NSE:SANDHAR's 10-Year ROIIC % is ranked better than
60.3% of 1184 companies
in the Vehicles & Parts industry
Industry Median: 3.205 vs NSE:SANDHAR: 6.35

Sandhar Technologies 10-Year ROIIC % Historical Data

The historical data trend for Sandhar Technologies'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.

Sandhar Technologies 10-Year ROIIC % Chart

Sandhar Technologies 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 - - - 4.51 6.35

Sandhar Technologies 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 - - 6.35 - -

Competitive Comparison of Sandhar Technologies's 10-Year ROIIC %

For the Auto Parts subindustry, Sandhar Technologies'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.


Sandhar Technologies's 10-Year ROIIC % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sandhar Technologies's 10-Year ROIIC % distribution charts can be found below:

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



Sandhar Technologies 10-Year ROIIC % Calculation

Sandhar Technologies'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**
=( 1389.57789 (Mar. 2024) - 631.204686 (Mar. 2014) )/( 18859.814 (Mar. 2024) - 6921.36 (Mar. 2014) )
=758.373204/11938.454
=6.35%***

* 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.


Sandhar Technologies  (NSE:SANDHAR) 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.


Sandhar Technologies 10-Year ROIIC % Related Terms

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


Sandhar Technologies Business Description

Traded in Other Exchanges
Address
Plot Number 13, Sector-44, Gurugram, HR, IND, 122002
Sandhar Technologies Ltd is an auto part supplier catering to automotive OEMs that focuses on the safety and security systems of vehicles. The company's operating segment is identified as Automotive components. The principal geographical segments of the company are classified as India, Europe, and others with a majority of revenue coming from India. The company's products include locking systems, rearview mirrors, door handles, die castings, injection molding, relays, and automotive optoelectronics.

Sandhar Technologies Headlines

No Headlines