GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Inspecs Group PLC (LSE:SPEC) » Definitions » 1-Year ROIIC %

Inspecs Group (LSE:SPEC) 1-Year ROIIC % : 30.65% (As of Jun. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Inspecs 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. Inspecs Group's 1-Year ROIIC % for the quarter that ended in Jun. 2024 was 30.65%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

LSE:SPEC's 1-Year ROIIC % is ranked better than
68.43% of 833 companies
in the Medical Devices & Instruments industry
Industry Median: 1.23 vs LSE:SPEC: 30.65

Inspecs Group 1-Year ROIIC % Historical Data

The historical data trend for Inspecs 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.

Inspecs Group 1-Year ROIIC % Chart

Inspecs Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial 171.01 -5.04 146.67 212.03 148.68

Inspecs Group Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 214.51 212.03 422.57 148.68 30.65

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

For the Medical Instruments & Supplies subindustry, Inspecs 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.


Inspecs Group's 1-Year ROIIC % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Inspecs Group's 1-Year ROIIC % distribution charts can be found below:

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


;
;

Inspecs Group 1-Year ROIIC % Calculation

Inspecs 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
=( -4.0052 (Jun. 2024) - 0.2705 (Jun. 2023) )/( 161.639 (Jun. 2024) - 175.588 (Jun. 2023) )
=-4.2757/-13.949
=30.65%***

* 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.


Inspecs Group  (LSE:SPEC) 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.


Inspecs Group 1-Year ROIIC % Related Terms

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


Inspecs Group Business Description

Traded in Other Exchanges
N/A
Address
Upper Bristol Road, 7-10 Kelso Place, Bath, Somerset, GBR, BA1 3AU
Inspecs Group PLC is a designer and manufacturer of eyewear frames and accessories. Its customers include optical and Non-optical retailers, global distributors, and independent opticians. The company operations are spread across the United Kingdom, Europe (excluding the UK), South America, North America, Asia, Africa, and Australia. Its eyewear brands include Superdry, Savile Row, Farah, Hype, and Nascar among others.