Bando Chemical Industries (TSE:5195) 10-Year ROIIC % : 2.41% (As of Mar. 2024)

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What is Bando Chemical Industries 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. Bando Chemical Industries's 10-Year ROIIC % for the quarter that ended in Mar. 2024 was 2.41%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:5195's 10-Year ROIIC % is ranked worse than
59.43% of 2753 companies
in the Industrial Products industry
Industry Median: 5.28 vs TSE:5195: 2.41

Bando Chemical Industries 10-Year ROIIC % Historical Data

The historical data trend for Bando Chemical Industries'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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Bando Chemical Industries 10-Year ROIIC % Chart

Bando Chemical Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

10-Year ROIIC %

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-4.14

-0.29

-6.88

5.68

2.41

Bando Chemical Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
10-Year ROIIC %	Get a 7-Day Free Trial															5.68	-	-	-	2.41

Competitive Comparison of Bando Chemical Industries's 10-Year ROIIC %

For the Specialty Industrial Machinery subindustry, Bando Chemical Industries'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.

Bando Chemical Industries's 10-Year ROIIC % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bando Chemical Industries's 10-Year ROIIC % distribution charts can be found below:

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

Bando Chemical Industries 10-Year ROIIC % Calculation

Bando Chemical Industries'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^**
	=	( 4518.7935 (Mar. 2024) - 3930.3108 (Mar. 2014) )	/	( 86067 (Mar. 2024) - 61649 (Mar. 2014) )
	=	588.4827	/	24418
	=	2.41%^***

** 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.

Bando Chemical Industries (TSE:5195) 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.

Bando Chemical Industries 10-Year ROIIC % Related Terms

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Bando Chemical Industries (TSE:5195) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bando Chemical Industries Ltd (TSE:5195) » Definitions » 10-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-6, Minatojima Minamimachi 4-chome, Chuo-ku, Kobe, JPN, 650-0047

Website

http://www.bando.co.jp

Bando Chemical Industries Ltd manufactures and sells rubber and plastic products such as power transmission belts and systems, belts used in precision equipment, and multimedia parts made form urethane and resins. It operates its business under Belt, Advanced Elastomer Products, and Other segments. Belt segment manufactures and sells transmission belts for automobiles and general industry use, conveyor belts, resin conveyor belts, synchronous conveyor belts, transportation system products, hulling roll and railway track product, among others. Elastomer segment manufactures and sells polyurethane functional components, precision abrasives, films for building materials, medical films and industrial films, among others. Bando earns the majority of its revenue from Belt business.

Bando Chemical Industries (TSE:5195) Headlines

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