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Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS) 1-Year ROIIC % : 19.37% (As of Dec. 2023)


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What is Alfa Solar Enerjinayi Ve Ticaret AS 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. Alfa Solar Enerjinayi Ve Ticaret AS's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was 19.37%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Alfa Solar Enerjinayi Ve Ticaret AS's 1-Year ROIIC % or its related term are showing as below:

IST:ALFAS's 1-Year ROIIC % is ranked better than
65.57% of 970 companies
in the Semiconductors industry
Industry Median: -1.655 vs IST:ALFAS: 19.37

Alfa Solar Enerjinayi Ve Ticaret AS 1-Year ROIIC % Historical Data

The historical data trend for Alfa Solar Enerjinayi Ve Ticaret AS'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.

Alfa Solar Enerjinayi Ve Ticaret AS 1-Year ROIIC % Chart

Alfa Solar Enerjinayi Ve Ticaret AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
- 39.79 173.02 62.93 19.37

Alfa Solar Enerjinayi Ve Ticaret AS Quarterly Data
Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
1-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 62.93 - 49.02 - 19.37

Competitive Comparison of Alfa Solar Enerjinayi Ve Ticaret AS's 1-Year ROIIC %

For the Solar subindustry, Alfa Solar Enerjinayi Ve Ticaret AS'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.


Alfa Solar Enerjinayi Ve Ticaret AS's 1-Year ROIIC % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Alfa Solar Enerjinayi Ve Ticaret AS's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Alfa Solar Enerjinayi Ve Ticaret AS's 1-Year ROIIC % falls into.



Alfa Solar Enerjinayi Ve Ticaret AS 1-Year ROIIC % Calculation

Alfa Solar Enerjinayi Ve Ticaret AS's 1-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 1188.0955044 (Dec. 2023) - 968.3247904 (Dec. 2022) )/( 2674.702 (Dec. 2023) - 1539.824 (Dec. 2022) )
=219.770714/1134.878
=19.37%***

* 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.


Alfa Solar Enerjinayi Ve Ticaret AS  (IST:ALFAS) 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.


Alfa Solar Enerjinayi Ve Ticaret AS 1-Year ROIIC % Related Terms

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Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS) Business Description

Traded in Other Exchanges
N/A
Address
Balgat Mahallesi Mevlana Boulevard, No 139/A, Floor 9, Apartment No: 31, Yelken Plaza, Cankaya, Ankara, TUR
Alfa Solar Enerji Sanayi Ve Ticaret AS engages in the manufacturing of photovoltaic (PV) panels in an ultra-modern facility. Its product portfolio comprises Polycrystalline Panels, Monocrystalline Panels, and half-cut panels.

Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS) Headlines

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