GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ICZOOM Group Inc (NAS:IZM) » Definitions » 1-Year ROIIC %

IZM (ICZOOM Group) 1-Year ROIIC % : 60.18% (As of Jun. 2024)


View and export this data going back to 2023. Start your Free Trial

What is ICZOOM Group 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. ICZOOM Group's 1-Year ROIIC % for the quarter that ended in Jun. 2024 was 60.18%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

IZM's 1-Year ROIIC % is ranked better than
77.17% of 2409 companies
in the Hardware industry
Industry Median: 5.77 vs IZM: 60.18

ICZOOM Group 1-Year ROIIC % Historical Data

The historical data trend for ICZOOM Group'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.

ICZOOM Group 1-Year ROIIC % Chart

ICZOOM Group Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
1-Year ROIIC %
Get a 7-Day Free Trial 21.21 21.27 -5,543.32 -57.03 60.18

ICZOOM Group Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
1-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -5,543.32 -6.07 -57.03 -35.74 60.18

Competitive Comparison of ICZOOM Group's 1-Year ROIIC %

For the Electronics & Computer Distribution subindustry, ICZOOM Group'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.


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

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

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



ICZOOM Group 1-Year ROIIC % Calculation

ICZOOM Group's 1-Year ROIIC % for the quarter that ended in Jun. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -0.4237048 (Jun. 2024) - 1.3220592 (Jun. 2023) )/( 28.127 (Jun. 2024) - 31.028 (Jun. 2023) )
=-1.745764/-2.901
=60.18%***

* 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.


ICZOOM Group  (NAS:IZM) 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.


ICZOOM Group 1-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of ICZOOM Group's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


ICZOOM Group Business Description

Traded in Other Exchanges
N/A
Address
No. 7018 Cai Tian Road, Room 3801, Building A, Sunhope e·METRO, Futian District, Guangdong, Shenzhen, CHN, 518000
ICZOOM Group Inc is engaged in the sale of electronic component products to customers in China. These products are used by small and medium-sized enterprises (SMEs) in the consumer electronic industry, Internet of Things (IoT), automotive electronics, and industrial control segment. In addition to the sales of electronic component products, also provides services to customers such as temporary warehousing, logistic and shipping, and customs clearance and charges them additional service commission fees. The company earns maximum revenue from sale of electronic components.