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Notore Chemical Industries (NSA:NOTORE) 1-Year ROIIC % : -20.20% (As of Sep. 2024)


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What is Notore Chemical 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. Notore Chemical Industries's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was -20.20%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NSA:NOTORE's 1-Year ROIIC % is ranked worse than
69.43% of 193 companies
in the Agriculture industry
Industry Median: 2.99 vs NSA:NOTORE: -20.20

Notore Chemical Industries 1-Year ROIIC % Historical Data

The historical data trend for Notore Chemical 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.

* Premium members only.

Notore Chemical Industries 1-Year ROIIC % Chart

Notore Chemical Industries Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial -19.77 -4.71 - - -19.43

Notore Chemical Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -15.27 -19.43 -17.16 -7.86 -20.20

Competitive Comparison of Notore Chemical Industries's 1-Year ROIIC %

For the Agricultural Inputs subindustry, Notore Chemical 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.


Notore Chemical Industries's 1-Year ROIIC % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Notore Chemical Industries's 1-Year ROIIC % distribution charts can be found below:

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


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Notore Chemical Industries 1-Year ROIIC % Calculation

Notore Chemical Industries'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
=( -42303.2672 (Sep. 2024) - -13633.7537 (Sep. 2023) )/( 507333.927 (Sep. 2024) - 365398.852 (Sep. 2023) )
=-28669.5135/141935.075
=-20.20%***

* 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.


Notore Chemical Industries  (NSA:NOTORE) 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.


Notore Chemical Industries 1-Year ROIIC % Related Terms

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Notore Chemical Industries Business Description

Traded in Other Exchanges
N/A
Address
Notore Industrial Complex, Onne, Rivers State, NGA
Notore Chemical Industries PLC is a Nigerian company that manufactures chemical products. The company manufactures, treats, processes, produces, supplies and deals in nitrogenous fertilizers and all substances suited to improving the fertility of soil and water. It generates maximum revenue from Urea and other chemicals. The company offers products including NPK, Ammonia and Urea, and other chemicals. Geographically, it derives a majority of revenue from Nigeria. The Company's reportable segment has been identified on a product basis as Fertilizer and the Group is a one segment business.

Notore Chemical Industries Headlines

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