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Central SecuritiesCET 36 1-Year ROIIC % is 0.00 as of Dec. 1999. GuruFocus rates CET with a GF Score™ of 36/100. The stock has 4 warning signs investors should review. Among 613 Asset Management companies, Central Securities ranks worse than 163131.97% on this metric.
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.
Central Securities does not have enough data to calculate 1-Year ROIIC %.
Central Securities (AMEX:CET) 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.
Central Securities 1-Year ROIIC % Related Terms
Central Securities 1-Year ROIIC % Historical Data
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The historical data trend for Central Securities'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.
For the Asset Management subindustry, Central Securities'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.
Central Securities 1-Year ROIIC % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Central Securities's 1-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Central Securities's 1-Year ROIIC % falls into.
Central Securities's 1-Year ROIIC % for the quarter that ended in Dec. 1999 is calculated as:
1-Year ROIIC %
=
1-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
1-Year Incremental Invested Capital
=
( (Dec. 1999) - (Dec. -0101) )
/
( (Dec. 1999) - (Dec. -0101) )
=
/
=
N/A%***
* 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.
Central Securities (CET) has a 1-Year ROIIC % of 0.00 as of Dec. 1999. 1-Year ROIIC % measures the change in earnings as a percentage of change in investment over 1-year. View historical data on Central Securities and its competitors. According to the industry distribution chart, Central Securities ranks #999999 out of 613 companies in the Asset Management industry.
Is Central Securities' 1-Year ROIIC % too high?
Central Securities' current 1-Year ROIIC % is 0.00. Based on the distribution chart, Central Securities ranks #999999 out of 613 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Central Securities has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Central Securities' 1-Year ROIIC % compare to CSWC and GAM?
According to the Asset Management industry distribution chart, Central Securities ranks #999999 out of 613 companies for 1-Year ROIIC %. This places Central Securities in the lower half of its industry. The industry median 1-Year ROIIC % is 3.24. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 1-Year ROIIC % for an Asset Management company?
The median 1-Year ROIIC % among Asset Management companies is 3.24, based on 613 companies in the industry. Companies in the top quartile (top 25%) have a 1-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 1-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 1-Year ROIIC % mean?
A high 1-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 1-Year ROIIC % measures the change in earnings as a percentage of change in investment over 1-year. View historical data on Central Securities and its competitors. For the Asset Management industry, the median 1-Year ROIIC % is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Central Securities's current 1-Year ROIIC % is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Securities stock overvalued right now?
Central Securities (CET) has a current 1-Year ROIIC % of 0.00. The current 1-Year ROIIC % is 0.00. Central Securities' overall GF Score™ is 36/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 1-Year ROIIC % calculated?
1-Year ROIIC % is calculated from a company's financial statements. For Central Securities (CET), the current 1-Year ROIIC % is 0.00 as of Dec. 1999. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Central Securities Corp is a non-diversified closed-end management investment company. The company's investment objective is long-term growth of capital. It invests in common stocks, bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks, and corporations.
36GF Score
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