McRae Industries (McRae Industries) 1-Year ROIIC % : 44.41% (As of Jul. 2023)

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What is McRae Industries 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. McRae Industries's 1-Year ROIIC % for the quarter that ended in Jul. 2023 was 44.41%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

MCRAA's 1-Year ROIIC % is ranked better than
73.86% of 765 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.9 vs MCRAA: 44.41

McRae Industries 1-Year ROIIC % Historical Data

The historical data trend for McRae Industries'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.

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McRae Industries 1-Year ROIIC % Chart

McRae Industries Annual Data

Trend

Jul99

Jul00

Jul01

Jul02

Jul03

Jul04

Jul05

Jul21

Jul22

Jul23

1-Year ROIIC %

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34.27

12.46

44.41

McRae Industries Semi-Annual Data
	Jul89	Jul90	Jul91	Jul92	Jul93	Jul94	Jul95	Jul96	Jul97	Jul98	Jul99	Jul00	Jul01	Jul02	Jul03	Jul04	Jul05	Jul21	Jul22	Jul23
1-Year ROIIC %	Get a 7-Day Free Trial															34.27	12.46	-	-	44.41

Competitive Comparison of McRae Industries's 1-Year ROIIC %

For the Footwear & Accessories subindustry, McRae Industries'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.

McRae Industries's 1-Year ROIIC % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, McRae Industries's 1-Year ROIIC % distribution charts can be found below:

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

McRae Industries 1-Year ROIIC % Calculation

McRae Industries's 1-Year ROIIC % for the quarter that ended in Jul. 2023 is calculated as:

1-Year ROIIC %	=	1-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	1-Year Incremental Invested Capital
	=	( 7.4849406 (Jul. 2023) - 10.2931998 (Jul. 2022) )	/	( 52.219 (Jul. 2023) - 58.543 (Jul. 2022) )
	=	-2.8082592	/	-6.324
	=	44.41%^***

** 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.

McRae Industries (OTCPK:MCRAA) 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.

McRae Industries 1-Year ROIIC % Related Terms

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McRae Industries (McRae Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » McRae Industries Inc (OTCPK:MCRAA) » Definitions » 1-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

MCRAB:USA

Address

400 North Main Street, P.O. Box 1239, Mount Gilead, NC, USA, 27306

Website

http://www.mcraeindustries.com

McRae Industries Inc operates in the footwear industry. Its principal lines of business are manufacturing and selling military combat boots and importing and selling western and work boots. It operates through the Western and Lifestyle Segments. The Western and Lifestyle segment, which is the key revenue driver, includes western, ladies fashion, and children's footwear products under the Dan Post, Dingo, and Laredo Western Boots brand names.