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Ether Capital (NEOE:ETHC) 1-Year ROIIC % : 2.28% (As of Dec. 2023)


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What is Ether Capital 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. Ether Capital's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was 2.28%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NEOE:ETHC's 1-Year ROIIC % is ranked worse than
50.59% of 595 companies
in the Asset Management industry
Industry Median: 2.56 vs NEOE:ETHC: 2.28

Ether Capital 1-Year ROIIC % Historical Data

The historical data trend for Ether Capital'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.

Ether Capital 1-Year ROIIC % Chart

Ether Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -217.33 0.45 0.67 0.31 2.28

Ether Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.31 1.00 -0.63 4.48 2.28

Competitive Comparison of Ether Capital's 1-Year ROIIC %

For the Asset Management subindustry, Ether Capital'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.


Ether Capital's 1-Year ROIIC % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ether Capital's 1-Year ROIIC % distribution charts can be found below:

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



Ether Capital 1-Year ROIIC % Calculation

Ether Capital's 1-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 1.3367706 (Dec. 2023) - -0.1966088 (Dec. 2022) )/( 140.357 (Dec. 2023) - 73.147 (Dec. 2022) )
=1.5333794/67.21
=2.28%***

* 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.


Ether Capital  (NEOE:ETHC) 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.


Ether Capital 1-Year ROIIC % Related Terms

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


Ether Capital (NEOE:ETHC) Business Description

Traded in Other Exchanges
Address
130 Adelaide Street West, Suite 3100, 31st Floor, Toronto, ON, CAN, M5H 3P5
Ether Capital Corp is a Canada based technology company focused on becoming the central business and investment hub for the Ethereum ecosystem. Its portfolio includes Ether which is the native Ethereum crypto-asset and is the commodity-like fuel used to access the Ethereum network and broadcast transactions; MakerDao which is a decentralized credit platform built on Ethereum in which collateral is leveraged to produce a stable coin; and Wyre which is a cryptocurrency exchange and technology platform based in San Francisco that is focused on building compliant fiat-to-crypto on and off ramps.

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