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Master Components (NSE:MASTER) 1-Year ROIIC % : 17.48% (As of Mar. 2024)


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What is Master Components 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. Master Components's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was 17.48%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NSE:MASTER's 1-Year ROIIC % is ranked better than
70.84% of 391 companies
in the Packaging & Containers industry
Industry Median: -0.57 vs NSE:MASTER: 17.48

Master Components 1-Year ROIIC % Historical Data

The historical data trend for Master Components'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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Master Components 1-Year ROIIC % Chart

Master Components Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
1-Year ROIIC %
- 82.09 15.73 67.36 17.48

Master Components Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Mar24
1-Year ROIIC % Get a 7-Day Free Trial 82.09 15.73 - 67.36 17.48

Competitive Comparison of Master Components's 1-Year ROIIC %

For the Packaging & Containers subindustry, Master Components'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.


Master Components's 1-Year ROIIC % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Master Components's 1-Year ROIIC % distribution charts can be found below:

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



Master Components 1-Year ROIIC % Calculation

Master Components's 1-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 25.0875975 (Mar. 2024) - 17.045019 (Mar. 2023) )/( 183.457 (Mar. 2024) - 137.446 (Mar. 2023) )
=8.0425785/46.011
=17.48%***

* 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.


Master Components  (NSE:MASTER) 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.


Master Components 1-Year ROIIC % Related Terms

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Master Components Business Description

Traded in Other Exchanges
N/A
Address
Plot No. D-10/A and D-10/B, M.I.D.C, Ambad, Nashik, MH, IND, 422010
Master Components Ltd is a company engaged in manufacturing plastic engineering components and subassemblies. The company's product is an industrial capital goods and it undergoes stringent quality tests to meet industry standards before delivering it to its clients. The company provides a list of services such as Thermoplastic Injection Moulding, Thermoset Injection Moulding, Thermoset transfer moulding, and Compression Moulding. The company's product categories include Electrical Components, Automotive Components, Electrical Components, Medical Components, Industrial Components.

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