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SecUR Credentials (NSE:SECURCRED) 10-Year ROIIC % : 12.30% (As of Mar. 2023)


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What is SecUR Credentials 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. SecUR Credentials's 10-Year ROIIC % for the quarter that ended in Mar. 2023 was 12.30%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NSE:SECURCRED's 10-Year ROIIC % is ranked better than
67.05% of 965 companies
in the Business Services industry
Industry Median: 4.29 vs NSE:SECURCRED: 12.30

SecUR Credentials 10-Year ROIIC % Historical Data

The historical data trend for SecUR Credentials'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.

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SecUR Credentials 10-Year ROIIC % Chart

SecUR Credentials 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 - - - - 12.30

SecUR Credentials Quarterly Data
Mar17 Jun17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 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 - 12.30 - - -

Competitive Comparison of SecUR Credentials's 10-Year ROIIC %

For the Specialty Business Services subindustry, SecUR Credentials'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.


SecUR Credentials's 10-Year ROIIC % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SecUR Credentials's 10-Year ROIIC % distribution charts can be found below:

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



SecUR Credentials 10-Year ROIIC % Calculation

SecUR Credentials'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**
=( 89.3115584 (Mar. 2023) - -8.3740815 (Mar. 2013) )/( 801.632 (Mar. 2023) - 7.533 (Mar. 2013) )
=97.6856399/794.099
=12.30%***

* 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.


SecUR Credentials  (NSE:SECURCRED) 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.


SecUR Credentials 10-Year ROIIC % Related Terms

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SecUR Credentials (NSE:SECURCRED) Business Description

Traded in Other Exchanges
Address
8th Floor, A Wing, Prism Tower, Mindspace, Malad West, Mumbai, MH, IND, 400064
SecUR Credentials Ltd is an India-based company that engages in employee background verification and job seeker resume verification-SecUR number. The company does education, employment, criminal, identity, database and media, residential reference, credit checks, drug tests, and psychometric tests. It also offers employees background screening, onboarding process, exit management, and employee support services for corporates.

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