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.
Shin-Etsu Chemical Co's 10-Year ROIIC % for the quarter that ended in Mar. 2024 was 22.90%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Shin-Etsu Chemical Co's 10-Year ROIIC % or its related term are showing as below:
SHECY's 10-Year ROIIC % is ranked better than 84.27% of 1424
companies
in the Chemicals industry
Industry Median: 4.44
vs SHECY: 22.90
Shin-Etsu Chemical Co 10-Year ROIIC % Historical Data
The historical data trend for Shin-Etsu Chemical Co'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 Shin-Etsu Chemical Co's 10-Year ROIIC %
For the Chemicals subindustry, Shin-Etsu Chemical Co'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.
Shin-Etsu Chemical Co's 10-Year ROIIC % Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Shin-Etsu Chemical Co's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Shin-Etsu Chemical Co's 10-Year ROIIC % falls into.
Shin-Etsu Chemical Co 10-Year ROIIC % Calculation
Shin-Etsu Chemical Co'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)**
* 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.
Shin-Etsu Chemical Co (OTCPK:SHECY) 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.
Shin-Etsu Chemical Co 10-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Shin-Etsu Chemical Co's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Shin-Etsu Chemical Co Ltd is a Japan-based company primarily engaged in chemical business. The company operates in six business segments namely Poly Vinyl Chloride, Specialty Chemicals, Silicon, Semiconductor Silicon, Electronic and Functional Materials and Diversified business. It derives majority of revenue through Poly Vinyl Chloride segment which manufactures and sells vinyl chloride, caustic soda products, chloromethane and methanol. The group is also involved in manufacturing and selling of various other chemical products such as Polyvinyl alcohol, Synthetic pheromones, Rare-earth magnets for electronics industry and general applications, Photoresists, Photomask blanks and others. Geographically, it operates from the market of Japan and its business is amplifying across the globe.
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