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Omax Autos (BOM:520021) 1-Year ROIIC % : 81.13% (As of Sep. 2024)


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What is Omax Autos 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. Omax Autos's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was 81.13%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BOM:520021's 1-Year ROIIC % is ranked better than
86.87% of 1272 companies
in the Vehicles & Parts industry
Industry Median: 1.24 vs BOM:520021: 81.13

Omax Autos 1-Year ROIIC % Historical Data

The historical data trend for Omax Autos'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.

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Omax Autos 1-Year ROIIC % Chart

Omax Autos 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 -47.72 264.69 -16.65 -45.90 -82,977.17

Omax Autos 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 -116.44 - -82,977.17 - 81.13

Competitive Comparison of Omax Autos's 1-Year ROIIC %

For the Auto Parts subindustry, Omax Autos'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.


Omax Autos's 1-Year ROIIC % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Omax Autos's 1-Year ROIIC % distribution charts can be found below:

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



Omax Autos 1-Year ROIIC % Calculation

Omax Autos'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
=( 52.1129 (Sep. 2024) - 99.6273 (Sep. 2023) )/( 4117.784 (Sep. 2024) - 4176.348 (Sep. 2023) )
=-47.5144/-58.564
=81.13%***

* 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.


Omax Autos  (BOM:520021) 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.


Omax Autos 1-Year ROIIC % Related Terms

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Omax Autos Business Description

Traded in Other Exchanges
Address
Plot No. B-26, Institutional Area, Sector 32, Gurugram, HR, IND, 122001
Omax Autos Ltd is engaged in manufacturing automotive components in India. The company specialises in sheet metal components, tubular components, and machine components. It manages its business in automotive, railways and heavy fabrication, and energy areas. It offers frame assembly, step pavilion, and Saree Guard, among others for two-wheelers. It offers connecting rods, coupling connections, and Silent Block, among others for three-wheelers. The company's off-highway product range includes a front axle, clutch pedal, and brake pedal. Its railways and heavy fabrication products include coach building and retention tanks.

Omax Autos Headlines

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