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Fortinova Fastigheter AB (FRA:733) 1-Year ROIIC % : 15.13% (As of Sep. 2024)


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What is Fortinova Fastigheter AB 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. Fortinova Fastigheter AB's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was 15.13%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

FRA:733's 1-Year ROIIC % is ranked better than
84.76% of 1745 companies
in the Real Estate industry
Industry Median: 0.89 vs FRA:733: 15.13

Fortinova Fastigheter AB 1-Year ROIIC % Historical Data

The historical data trend for Fortinova Fastigheter AB'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.

Fortinova Fastigheter AB 1-Year ROIIC % Chart

Fortinova Fastigheter AB Annual Data
Trend Aug18 Aug19 Aug20 Aug21
1-Year ROIIC %
- - - 4.32

Fortinova Fastigheter AB Quarterly Data
Aug19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Sep22 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 6.76 - 8.13 50.47 15.13

Competitive Comparison of Fortinova Fastigheter AB's 1-Year ROIIC %

For the Real Estate Services subindustry, Fortinova Fastigheter AB'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.


Fortinova Fastigheter AB's 1-Year ROIIC % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Fortinova Fastigheter AB's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Fortinova Fastigheter AB's 1-Year ROIIC % falls into.



Fortinova Fastigheter AB 1-Year ROIIC % Calculation

Fortinova Fastigheter AB'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
=( 16.3417 (Sep. 2024) - 9.4909 (Sep. 2023) )/( 516.298 (Sep. 2024) - 453.749 (Sep. 2023) )
=6.8508/62.549
=10.95%***

* 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.


Fortinova Fastigheter AB  (FRA:733) 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.


Fortinova Fastigheter AB 1-Year ROIIC % Related Terms

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Fortinova Fastigheter AB Business Description

Traded in Other Exchanges
Address
Norrgatan 10, Varberg, SWE, 432 41
Fortinova Fastigheter AB operates as a real estate company. It acquires, develops and manages residential properties in some of western Sweden's.

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