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Altron (JSE:AEL) 1-Year ROIIC % : -95.85% (As of Aug. 2024)


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What is Altron 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. Altron's 1-Year ROIIC % for the quarter that ended in Aug. 2024 was -95.85%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

JSE:AEL's 1-Year ROIIC % is ranked worse than
84.45% of 2682 companies
in the Software industry
Industry Median: 3.13 vs JSE:AEL: -95.85

Altron 1-Year ROIIC % Historical Data

The historical data trend for Altron'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.

Altron 1-Year ROIIC % Chart

Altron Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -366.60 1.10 48.60 760.10 -17.54

Altron Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 124.74 760.10 -16.80 -17.54 -95.85

Competitive Comparison of Altron's 1-Year ROIIC %

For the Information Technology Services subindustry, Altron'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.


Altron's 1-Year ROIIC % Distribution in the Software Industry

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

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



Altron 1-Year ROIIC % Calculation

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

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 691.2108 (Aug. 2024) - 446.8016 (Aug. 2023) )/( 6527 (Aug. 2024) - 6782 (Aug. 2023) )
=244.4092/-255
=-95.85%***

* 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.


Altron  (JSE:AEL) 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.


Altron 1-Year ROIIC % Related Terms

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Altron Business Description

Traded in Other Exchanges
Address
20 Woodlands Drive, Altron Campus, Woodlands Office Park, Woodmead, GT, ZAF, 2191
Altron Ltd provides integrated ICT solutions to businesses, governments, and consumers. Its segments are Digital Transformation, Managed Services, and Own Platforms. It has a direct presence in South Africa, the rest of Africa, Europe, the Middle East, and Australia. Most of the group's revenue is derived from the local market in South Africa.