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Harvest Technology (MAL:HRV) 1-Year ROIIC % : 11.16% (As of Jun. 2024)


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What is Harvest Technology 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. Harvest Technology's 1-Year ROIIC % for the quarter that ended in Jun. 2024 was 11.16%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

MAL:HRV's 1-Year ROIIC % is ranked better than
57.87% of 2682 companies
in the Software industry
Industry Median: 3.185 vs MAL:HRV: 11.16

Harvest Technology 1-Year ROIIC % Historical Data

The historical data trend for Harvest Technology'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.

Harvest Technology 1-Year ROIIC % Chart

Harvest Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
- -58.56 -21.64 315.20 56.73

Harvest Technology 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 -1,420.90 315.20 273.47 56.73 11.16

Competitive Comparison of Harvest Technology's 1-Year ROIIC %

For the Information Technology Services subindustry, Harvest Technology'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.


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

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

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



Harvest Technology 1-Year ROIIC % Calculation

Harvest Technology'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
=( 1.0296 (Jun. 2024) - 0.8165 (Jun. 2023) )/( 16.216 (Jun. 2024) - 14.306 (Jun. 2023) )
=0.2131/1.91
=11.16%***

* 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.


Harvest Technology  (MAL:HRV) 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.


Harvest Technology 1-Year ROIIC % Related Terms

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Harvest Technology Business Description

Traded in Other Exchanges
N/A
Address
Valletta Road, Nineteen Twenty Three, Marsa, MLT, MRS 3000
Harvest Technology PLC is an investment and holding company. The company is engaged in sale, maintenance and servicing of information technology solutions, security systems, and operates an electronic payment gateway. The Group operates two business activities which are the sale of payment processing services and the provision of IT solutions and security systems.

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