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Diffusion Engineers (BOM:544264) 1-Year ROIIC % : 18.99% (As of Mar. 2024)


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What is Diffusion Engineers 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. Diffusion Engineers's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was 18.99%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BOM:544264's 1-Year ROIIC % is ranked better than
68.88% of 2677 companies
in the Industrial Products industry
Industry Median: 1.16 vs BOM:544264: 18.99

Diffusion Engineers 1-Year ROIIC % Historical Data

The historical data trend for Diffusion Engineers'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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Diffusion Engineers 1-Year ROIIC % Chart

Diffusion Engineers Annual Data
Trend Mar21 Mar22 Mar23 Mar24
1-Year ROIIC %
- 7.82 12.22 18.99

Diffusion Engineers Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
1-Year ROIIC % - 7.82 12.22 18.99

Competitive Comparison of Diffusion Engineers's 1-Year ROIIC %

For the Specialty Industrial Machinery subindustry, Diffusion Engineers'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.


Diffusion Engineers's 1-Year ROIIC % Distribution in the Industrial Products Industry

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

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


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Diffusion Engineers 1-Year ROIIC % Calculation

Diffusion Engineers'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
=( 274.329326 (Mar. 2024) - 207.191778 (Mar. 2023) )/( 2363.36 (Mar. 2024) - 2009.89 (Mar. 2023) )
=67.137548/353.47
=18.99%***

* 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.


Diffusion Engineers  (BOM:544264) 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.


Diffusion Engineers 1-Year ROIIC % Related Terms

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Diffusion Engineers Business Description

Traded in Other Exchanges
Address
Nagpur Industrial Area, T-5 & 6, MIDC, Hingna, Nagpur, MH, IND, 440016
Diffusion Engineers Ltd is engaged in the business of manufacturing welding consumables, wear plates and wear parts and heavy engineering machinery for core industries. Additionally, it is also involved in the trading of anti-wear powders and welding and cutting machinery. The company provides a super conditioning process at its manufacturing facilities, a surface treatment solution for machine components that enhances wear resistance, eliminates stress and improves their repairability ultimately extending their lifespan.

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