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Ras Al Khaimah Co for White Cementnstruction Materials (ADX:RAKWCT) 1-Year ROIIC % : 4.19% (As of Dec. 2023)


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What is Ras Al Khaimah Co for White Cementnstruction Materials 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. Ras Al Khaimah Co for White Cementnstruction Materials's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was 4.19%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Ras Al Khaimah Co for White Cementnstruction Materials's 1-Year ROIIC % or its related term are showing as below:

ADX:RAKWCT's 1-Year ROIIC % is ranked better than
52.79% of 377 companies
in the Building Materials industry
Industry Median: 2.11 vs ADX:RAKWCT: 4.19

Ras Al Khaimah Co for White Cementnstruction Materials 1-Year ROIIC % Historical Data

The historical data trend for Ras Al Khaimah Co for White Cementnstruction Materials'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.

Ras Al Khaimah Co for White Cementnstruction Materials 1-Year ROIIC % Chart

Ras Al Khaimah Co for White Cementnstruction Materials Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.19 4.89 0.19 1.50 4.19

Ras Al Khaimah Co for White Cementnstruction Materials Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.50 1.67 4.36 -0.30 4.19

Competitive Comparison of Ras Al Khaimah Co for White Cementnstruction Materials's 1-Year ROIIC %

For the Building Materials subindustry, Ras Al Khaimah Co for White Cementnstruction Materials'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.


Ras Al Khaimah Co for White Cementnstruction Materials's 1-Year ROIIC % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ras Al Khaimah Co for White Cementnstruction Materials's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Ras Al Khaimah Co for White Cementnstruction Materials's 1-Year ROIIC % falls into.



Ras Al Khaimah Co for White Cementnstruction Materials 1-Year ROIIC % Calculation

Ras Al Khaimah Co for White Cementnstruction Materials's 1-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 10.751 (Dec. 2023) - 13.236 (Dec. 2022) )/( 574.889 (Dec. 2023) - 634.128 (Dec. 2022) )
=-2.485/-59.239
=4.19%***

* 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.


Ras Al Khaimah Co for White Cementnstruction Materials  (ADX:RAKWCT) 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.


Ras Al Khaimah Co for White Cementnstruction Materials 1-Year ROIIC % Related Terms

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Ras Al Khaimah Co for White Cementnstruction Materials Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 1492, Ras Al Khaimah, ARE
Ras Al Khaimah Co for White Cement & Construction Materials is engaged in the production of cement, building materials, and lime. The principal activities of the company are to manufacture and supply white cement, lime, and cement products. The company operates through two business segments which include Manufacturing and Investments. The manufacturing segment which generates the majority of the company's revenue. represents the manufacture and distribution of cement products, concrete blocks, and interlock tiles. The investment segment consists of investments in marketable equity securities and deposits with banks. Geographically, the company derives its key revenue from India and the rest from Jordan, Yemen, United Arab Emirates, and other countries.

Ras Al Khaimah Co for White Cementnstruction Materials Headlines

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