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Starlite Components (BOM:517548) 1-Year ROIIC % : -21.62% (As of Sep. 2024)


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What is Starlite Components 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. Starlite Components's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was -21.62%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BOM:517548's 1-Year ROIIC % is not ranked
in the Industrial Products industry.
Industry Median: 1.825 vs BOM:517548: -21.62

Starlite Components 1-Year ROIIC % Historical Data

The historical data trend for Starlite Components'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.

Starlite Components 1-Year ROIIC % Chart

Starlite Components 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 101.60 -1,755.75 -67.05 -14.73 -17.91

Starlite Components Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -8.37 - -17.91 - -21.62

Competitive Comparison of Starlite Components's 1-Year ROIIC %

For the Electrical Equipment & Parts subindustry, Starlite Components'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.


Starlite Components's 1-Year ROIIC % Distribution in the Industrial Products Industry

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

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



Starlite Components 1-Year ROIIC % Calculation

Starlite Components's 1-Year ROIIC % for the quarter that ended in Sep. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 5.8614 (Sep. 2024) - -6.4194 (Sep. 2023) )/( 15.245 (Sep. 2024) - 72.054 (Sep. 2023) )
=12.2808/-56.809
=-21.62%***

* 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.


Starlite Components  (BOM:517548) 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.


Starlite Components 1-Year ROIIC % Related Terms

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Starlite Components Business Description

Traded in Other Exchanges
N/A
Address
MIDC Area, Plot No. F-108, Satpur, Nashik, MH, IND, 422 007
Starlite Components Ltd is an Indian company engaged in the manufacturing of electronic ballast and LED (Light Emitting Diode) products. It also manufactures lamp components and drivers, lighting fixtures, fittings, and LED lamps. The product line of the company includes a variety of LED lamps such as integrated spiral, integrated stick, non-integrated stick, CFL lamps, induction lamps, and incandescent lamps. The company also manufactures luminaires such as facades, floodlights, streetlights, underwater, bollard, and others. Its other products include accessories such as ballasts and igniters, drivers and transformers, LED modules, switches, and connectors.

Starlite Components Headlines

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