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Digital Information Technologies (TSE:3916) 10-Year ROIIC % : 65.79% (As of Jun. 2024)


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What is Digital Information 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. Digital Information Technologies's 10-Year ROIIC % for the quarter that ended in Jun. 2024 was 65.79%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:3916's 10-Year ROIIC % is ranked better than
89.96% of 2300 companies
in the Software industry
Industry Median: 3.86 vs TSE:3916: 65.79

Digital Information Technologies 10-Year ROIIC % Historical Data

The historical data trend for Digital Information 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.

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Digital Information Technologies 10-Year ROIIC % Chart

Digital Information Technologies Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 65.79

Digital Information Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24
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 - - - 65.79 -

Competitive Comparison of Digital Information Technologies's 10-Year ROIIC %

For the Information Technology Services subindustry, Digital Information 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.


Digital Information Technologies's 10-Year ROIIC % Distribution in the Software Industry

For the Software industry and Technology sector, Digital Information Technologies's 10-Year ROIIC % distribution charts can be found below:

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



Digital Information Technologies 10-Year ROIIC % Calculation

Digital Information Technologies's 10-Year ROIIC % for the quarter that ended in Jun. 2024 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 1697.6836916 (Jun. 2024) - 205.883696 (Jun. 2014) )/( 3751.952 (Jun. 2024) - 1484.285 (Jun. 2014) )
=1491.7999956/2267.667
=65.79%***

* 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.


Digital Information Technologies  (TSE:3916) 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.


Digital Information Technologies 10-Year ROIIC % Related Terms

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Digital Information Technologies Business Description

Traded in Other Exchanges
N/A
Address
Chuo-ku, Tokyo Hatchobori 4-chome, 5-4 FORECAST Sakurabashi the third floor, Tokyo, JPN
Digital Information Technologies Corp is a Japan-based information service company mainly engaged in operation of software development business and computer sales business. The company develops business systems, embedded devices, etc. for clients primarily in the fields of finance, communications. Its products include WebARGUS, a Website security solution; and xoBlos, an Excel work innovation platform.

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