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Advantest (STU:VAN) 10-Year ROIIC % : 23.59% (As of Mar. 2024)


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What is Advantest 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. Advantest's 10-Year ROIIC % for the quarter that ended in Mar. 2024 was 23.59%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

STU:VAN's 10-Year ROIIC % is ranked better than
80.35% of 916 companies
in the Semiconductors industry
Industry Median: 5.425 vs STU:VAN: 23.59

Advantest 10-Year ROIIC % Historical Data

The historical data trend for Advantest'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.

Advantest 10-Year ROIIC % Chart

Advantest 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 64.84 53.60 62.82 56.20 23.59

Advantest 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 - - 23.59 - -

Competitive Comparison of Advantest's 10-Year ROIIC %

For the Semiconductor Equipment & Materials subindustry, Advantest'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.


Advantest's 10-Year ROIIC % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Advantest's 10-Year ROIIC % distribution charts can be found below:

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



Advantest 10-Year ROIIC % Calculation

Advantest'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**
=( 399.4525002 (Mar. 2024) - -164.8948455 (Mar. 2014) )/( 2931.611 (Mar. 2024) - 725.214 (Mar. 2014) )
=564.3473457/2206.397
=25.58%***

* 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.


Advantest  (STU:VAN) 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.


Advantest 10-Year ROIIC % Related Terms

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Advantest Business Description

Traded in Other Exchanges
Address
1-6-2, Marunouchi, Shin-Marunouchi Center Building, Chiyoda-ku, Tokyo, JPN, 100-0005
Advantest Corp is a Japan-based company that manufactures and distributes semiconductor test systems and mechatronic products for applications in testing and measurement, healthcare, nanotechnology and other end markets. The firm's product portfolio includes integrated circuit test systems, e-beam lithography, scanning electron microscopy metrology, solid state drive test systems, terahertz spectroscopy, and other electronic measuring instruments. The firm has operations in Japan, the United States, Europe, Singapore, China, Taiwan, and Korea.

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