GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » JTL Industries Ltd (NSE:JTLIND) » Definitions » 1-Year ROIIC %

JTL Industries (NSE:JTLIND) 1-Year ROIIC % : -0.61% (As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is JTL 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. JTL Industries's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was -0.61%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NSE:JTLIND's 1-Year ROIIC % is ranked worse than
50.64% of 624 companies
in the Steel industry
Industry Median: -0.12 vs NSE:JTLIND: -0.61

JTL Industries 1-Year ROIIC % Historical Data

The historical data trend for JTL 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.

JTL Industries 1-Year ROIIC % Chart

JTL Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.13 28.53 29.23 23.25 6.84

JTL Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.23 - 6.84 - -0.61

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

For the Steel subindustry, JTL 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.


JTL Industries's 1-Year ROIIC % Distribution in the Steel Industry

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

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



JTL Industries 1-Year ROIIC % Calculation

JTL 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
=( 1074.0065 (Sep. 2024) - 1106.0124 (Sep. 2023) )/( 10725.342 (Sep. 2024) - 5514.172 (Sep. 2023) )
=-32.0059/5211.17
=-0.61%***

* 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.


JTL Industries  (NSE:JTLIND) 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.


JTL Industries 1-Year ROIIC % Related Terms

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


JTL Industries Business Description

Traded in Other Exchanges
Address
SCO 18-19, Sector 28-C, Chandigarh, PB, IND, 160 002
JTL Industries Ltd operates in the metal industry. The company manufactures and is involved in galvanized ERW Steel Pipes and Tubes, hollow sections, and structural steel extensively used in engineering and construction projects. Company has single reportable business segment i.e. manufacturing of iron/steel tubes, pipes and structures. The company has a pan-India presence and is globally present in serving continents. It derives maximum revenue from India.

JTL Industries Headlines

No Headlines