GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » AIA Engineering Ltd (GREY:AAGGY) » Definitions » 1-Year ROIIC %

AIA Engineering (AIA Engineering) 1-Year ROIIC % : 21.49% (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is AIA Engineering 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. AIA Engineering's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was 21.49%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for AIA Engineering's 1-Year ROIIC % or its related term are showing as below:

AAGGY's 1-Year ROIIC % is ranked better than
69.31% of 2936 companies
in the Industrial Products industry
Industry Median: 2.29 vs AAGGY: 21.49

AIA Engineering 1-Year ROIIC % Historical Data

The historical data trend for AIA Engineering's 1-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.

AIA Engineering 1-Year ROIIC % Chart

AIA Engineering Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -149.81 -21.45 9.08 -771.34 21.49

AIA Engineering Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
1-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 -771.34 - 926.04 - 21.49

Competitive Comparison of AIA Engineering's 1-Year ROIIC %

For the Specialty Industrial Machinery subindustry, AIA Engineering's 1-Year ROIIC %, along with its competitors' market caps and 1-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.


AIA Engineering's 1-Year ROIIC % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, AIA Engineering's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where AIA Engineering's 1-Year ROIIC % falls into.



AIA Engineering 1-Year ROIIC % Calculation

AIA Engineering's 1-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 113.5253934 (Mar. 2024) - 108.2085986 (Mar. 2023) )/( 424.833 (Mar. 2024) - 399.141 (Mar. 2023) )
=5.3167948/25.692
=20.69%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-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.


AIA Engineering  (GREY:AAGGY) 1-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.


AIA Engineering 1-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of AIA Engineering's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


AIA Engineering (AIA Engineering) Business Description

Traded in Other Exchanges
Address
Off. S. G. Highway, Sindhu Bhavan Road, 11-12, Sigma Corporates, Behind HOF Showroom, Bodakdev, Ahmedabad, GJ, IND, 380054
AIA Engineering Ltd is an India-based company that develops, manufactures, and distributes chromium consumable wear parts, including grinding media, shell liners, diaphragms, grinding tables, heat-resistant castings, cone crushers, and others. The company's products are applied in the crushing/grinding processes in the cement, mining, thermal power, and other sectors. AIA Engineering Ltd generates the majority of its sales from markets outside of India. Vega Industries, a wholly-owned subsidiary of this company, is responsible for distributing the company's products outside India.

AIA Engineering (AIA Engineering) Headlines

From GuruFocus

Q3 2024 AIA Engineering Ltd Earnings Call Transcript

By GuruFocus Research 02-10-2024