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.
Turners Group NZ does not have enough data to calculate 10-Year ROIIC %.
Turners Group NZ 10-Year ROIIC % Historical Data
The historical data trend for Turners Group NZ'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.
Competitive Comparison of Turners Group NZ's 10-Year ROIIC %
For the Auto & Truck Dealerships subindustry, Turners Group NZ'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.
Turners Group NZ's 10-Year ROIIC % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Turners Group NZ's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Turners Group NZ's 10-Year ROIIC % falls into.
Turners Group NZ 10-Year ROIIC % Calculation
Turners Group NZ's 10-Year ROIIC % for the quarter that ended in Dec. 2013 is calculated as:
10-Year ROIIC %
=
10-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
10-Year Incremental Invested Capital**
=
( -23.957697 (Dec. 2013) - (Dec. 2003) )
/
( 21.958 (Dec. 2013) - (Dec. 2003) )
=
/
=
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.
Turners Group NZ (NZSE:TUA) 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.
Turners Group NZ 10-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Turners Group NZ's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Turners Auctions Limited (TUA-NZ) is New Zealand's largest auction house with 16 branches nation wide and annual turnover exceeding NZ$400m. TUA is also the largest single seller of motor vehicles in New Zealand. The business operates in two broad markets: used vehicles and commercial goods. Vehicle sales include trucks, damaged insurance salvaged vehicles, light commercial vehicles and passenger cars. Commercial sales include a wide variety of surplus equipment such as heavy plant and machinery, police and custom seized goods, liquidator sales, catering equipment, computers and furniture.
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