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River Eletec (TSE:6666) 10-Year ROIIC % : 39.60% (As of Mar. 2024)


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What is River Eletec 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. River Eletec's 10-Year ROIIC % for the quarter that ended in Mar. 2024 was 39.60%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:6666's 10-Year ROIIC % is ranked better than
87.91% of 2266 companies
in the Hardware industry
Industry Median: 3.92 vs TSE:6666: 39.60

River Eletec 10-Year ROIIC % Historical Data

The historical data trend for River Eletec'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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River Eletec 10-Year ROIIC % Chart

River Eletec 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 66.36 27.27 157.43 122.62 39.60

River Eletec Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 - - - 39.60 -

Competitive Comparison of River Eletec's 10-Year ROIIC %

For the Electronic Components subindustry, River Eletec'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.


River Eletec's 10-Year ROIIC % Distribution in the Hardware Industry

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

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


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River Eletec 10-Year ROIIC % Calculation

River Eletec'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**
=( 26.1574152 (Mar. 2024) - -343.6696208 (Mar. 2014) )/( 7180.606 (Mar. 2024) - 6246.681 (Mar. 2014) )
=369.827036/933.925
=39.60%***

* 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.


River Eletec  (TSE:6666) 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.


River Eletec 10-Year ROIIC % Related Terms

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River Eletec Business Description

Traded in Other Exchanges
N/A
Address
2-1-11 Fujimigaoka, Yamanashi Prefecture, Nirasaki, JPN, 407-8502
River Eletec Corp is a company engaged in developing and producing electronic parts such as quartz crystal units, crystal oscillators, and resistors. The company's products are used for electronic equipment including digital cameras, DVD players, cellular phones, and watches.

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