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Ohara (FRA:9IE) 1-Year ROIIC % : -70.44% (As of Apr. 2024)


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What is Ohara 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. Ohara's 1-Year ROIIC % for the quarter that ended in Apr. 2024 was -70.44%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

FRA:9IE's 1-Year ROIIC % is ranked worse than
82.41% of 2428 companies
in the Hardware industry
Industry Median: 0.99 vs FRA:9IE: -70.44

Ohara 1-Year ROIIC % Historical Data

The historical data trend for Ohara'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.

Ohara 1-Year ROIIC % Chart

Ohara Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 157.60 20.89 135.43 14.09 -23.39

Ohara Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 7.13 -3.58 -23.39 -58.48 -70.44

Competitive Comparison of Ohara's 1-Year ROIIC %

For the Electronic Components subindustry, Ohara'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.


Ohara's 1-Year ROIIC % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ohara's 1-Year ROIIC % distribution charts can be found below:

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



Ohara 1-Year ROIIC % Calculation

Ohara's 1-Year ROIIC % for the quarter that ended in Apr. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 4.7332 (Apr. 2024) - 15.6923 (Apr. 2023) )/( 277.666 (Apr. 2024) - 299.013 (Apr. 2023) )
=-10.9591/-21.347
=51.34%***

* 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.


Ohara  (FRA:9IE) 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.


Ohara 1-Year ROIIC % Related Terms

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Ohara (FRA:9IE) Business Description

Traded in Other Exchanges
Address
1-15-30, Oyama, Chuo-ku, Kanagawa, Sagamihara-Shi, JPN, 252-5286
Ohara Inc is engaged in the manufacturing and sales of optical glass products and electronic products. It operates through the Optical and Electronics divisions. The Optical division manufactures and sells optical glass materials for digital-related products such as digital cameras and liquid crystal (LC) projectors, as well as a lens for mold presses, among others. The Electronics division manufactures and sells glass discs of hard disc drives that are used in mobile devices, high-homogenous glass materials and low-expansion glass-ceramic used in semiconductor manufacturing machinery and others. It derives prime revenue from the Optical business segment.

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