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NOVV (Nova Vision Acquisition) 1-Year ROIIC % : 0.62% (As of Sep. 2024)


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What is Nova Vision Acquisition 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. Nova Vision Acquisition's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was 0.62%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NOVV's 1-Year ROIIC % is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.36 vs NOVV: 0.62

Nova Vision Acquisition 1-Year ROIIC % Historical Data

The historical data trend for Nova Vision Acquisition'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.

Nova Vision Acquisition 1-Year ROIIC % Chart

Nova Vision Acquisition Annual Data
Trend Dec21 Dec22 Dec23
1-Year ROIIC %
- 0.92 -8.45

Nova Vision Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.15 -8.45 -27.78 -25.53 0.62

Competitive Comparison of Nova Vision Acquisition's 1-Year ROIIC %

For the Shell Companies subindustry, Nova Vision Acquisition'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.


Nova Vision Acquisition's 1-Year ROIIC % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Nova Vision Acquisition's 1-Year ROIIC % distribution charts can be found below:

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



Nova Vision Acquisition 1-Year ROIIC % Calculation

Nova Vision Acquisition's 1-Year ROIIC % for the quarter that ended in Sep. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -0.816 (Sep. 2024) - -0.734 (Sep. 2023) )/( 5.629 (Sep. 2024) - 18.781 (Sep. 2023) )
=-0.082/-13.152
=0.62%***

* 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.


Nova Vision Acquisition  (NAS:NOVV) 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.


Nova Vision Acquisition 1-Year ROIIC % Related Terms

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Nova Vision Acquisition Business Description

Traded in Other Exchanges
N/A
Address
2 Havelock Road, No. 07-12, Singapore, SGP, 059763
Nova Vision Acquisition Corp is a blank check company.
Executives
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Wing Ho Ngan director, 10 percent owner 3 OCEAN WAY,, #05-07,, SINGAPORE U0 098368
Ma Chun Fung Horace director FLAT C, 12/F, 42 BROADWAY, MEI FOO SUN CHUEN, KOWLOON, HONG KONG F4 999077
Cheng Tin Lun Brian director FLAT 1A, 33/F, CLOVELLY COURT, 12 MAY ROAD, HONG KONG F4 999077
Philip Richard Herbert director 5B, KELLETT HTS, 61 MT KELLETT ROAD, PEAK, HONG KONG F4 999077
Wong Eric Ping Hang director, officer: CEO & CFO UNIT D, 48/F., TOWER 2,, SORRENTO,1 AUSTIN RD W, TSIM SHA TSUI,, KOWLOON, HONG KONG F4 00000
Nova Pulsar Holdings Ltd 10 percent owner 3 OCEAN WAY #5-7, SINGAPORE U0 098368

Nova Vision Acquisition Headlines

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