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.
Ringmetall SE's 10-Year ROIIC % for the quarter that ended in Dec. 2023 was 8.63%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Ringmetall SE's 10-Year ROIIC % or its related term are showing as below:
XTER:HP3A's 10-Year ROIIC % is ranked better than 60.78% of 2764
companies
in the Industrial Products industry
Industry Median: 5.335
vs XTER:HP3A: 8.63
Ringmetall SE 10-Year ROIIC % Historical Data
The historical data trend for Ringmetall SE'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 Ringmetall SE's 10-Year ROIIC %
For the Tools & Accessories subindustry, Ringmetall SE'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.
Ringmetall SE's 10-Year ROIIC % Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ringmetall SE's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Ringmetall SE's 10-Year ROIIC % falls into.
Ringmetall SE 10-Year ROIIC % Calculation
Ringmetall SE's 10-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:
10-Year ROIIC %
=
10-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
10-Year Incremental Invested Capital**
=
( 7.365384 (Dec. 2023) - 0.7645598 (Dec. 2013) )
/
( 112.664 (Dec. 2023) - 36.206 (Dec. 2013) )
=
6.6008242
/
76.458
=
8.63%***
* 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.
Ringmetall SE (XTER:HP3A) 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.
Ringmetall SE 10-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Ringmetall SE's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Ringmetall SE is a supplier in the packaging industry with a focus on packaging elements in the field of industrial drums. Its main activities are allocated to the Industrial Packaging and Industrial Handling business units. The majority of its revenue is generated from industrial packaging segment. The products offered by the group are Clamping rings and lids, Vehicle attachment parts, and other products, of which a majority of the revenue is generated from the sales of Clamping rings and lids. The Industrial packaging segment covers the production and sale of clamping rings and the associated closures, whereas the Industrial Handling segment includes the production and marketing of vehicle attachment parts for special vehicles in logistics and warehouse logistics as well as agriculture.
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