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The GO2 People (ASX:GO2) 1-Year ROIIC % : 0.00% (As of Dec. 2022)


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What is The GO2 People 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. The GO2 People's 1-Year ROIIC % for the quarter that ended in Dec. 2022 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for The GO2 People's 1-Year ROIIC % or its related term are showing as below:

ASX:GO2's 1-Year ROIIC % is not ranked *
in the Business Services industry.
Industry Median: 4.25
* Ranked among companies with meaningful 1-Year ROIIC % only.

The GO2 People 1-Year ROIIC % Historical Data

The historical data trend for The GO2 People'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.

The GO2 People 1-Year ROIIC % Chart

The GO2 People Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22
1-Year ROIIC %
- - -62.90 -2.61 -24.70

The GO2 People Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
1-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -238.50 -2.61 -14.62 -24.70 -47.48

Competitive Comparison of The GO2 People's 1-Year ROIIC %

For the Staffing & Employment Services subindustry, The GO2 People'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.


The GO2 People's 1-Year ROIIC % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, The GO2 People's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where The GO2 People's 1-Year ROIIC % falls into.



The GO2 People 1-Year ROIIC % Calculation

The GO2 People's 1-Year ROIIC % for the quarter that ended in Dec. 2022 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -3.578 (Dec. 2022) - -4.548 (Dec. 2021) )/( 24.72 (Dec. 2022) - 26.763 (Dec. 2021) )
=0.97/-2.043
=-47.48%***

* 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.


The GO2 People  (ASX:GO2) 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.


The GO2 People 1-Year ROIIC % Related Terms

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The GO2 People (ASX:GO2) Business Description

Traded in Other Exchanges
N/A
Address
3/271 Berkshire Road, Forrestfield, Perth, WA, AUS, 6058
The GO2 People Ltd is one of the providers of vertically integrated recruitment and building services to industries throughout Australia. The company derives a majority of its revenue from Recruitment income.

The GO2 People (ASX:GO2) Headlines

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