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Vaxtex Cotfab (NSE:VCL) 1-Year ROIIC % : 0.00% (As of Mar. 2023)


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What is Vaxtex Cotfab 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. Vaxtex Cotfab's 1-Year ROIIC % for the quarter that ended in Mar. 2023 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NSE:VCL's 1-Year ROIIC % is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 1.835
* Ranked among companies with meaningful 1-Year ROIIC % only.

Vaxtex Cotfab 1-Year ROIIC % Historical Data

The historical data trend for Vaxtex Cotfab'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.

Vaxtex Cotfab 1-Year ROIIC % Chart

Vaxtex Cotfab Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
1-Year ROIIC %
Get a 7-Day Free Trial 13.77 0.22 -12.82 -51.61 -9.88

Vaxtex Cotfab Quarterly Data
Mar17 Mar18 Mar19 Jun19 Sep19 Mar20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -51.61 - - - -9.88

Competitive Comparison of Vaxtex Cotfab's 1-Year ROIIC %

For the Textile Manufacturing subindustry, Vaxtex Cotfab'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.


Vaxtex Cotfab's 1-Year ROIIC % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vaxtex Cotfab's 1-Year ROIIC % distribution charts can be found below:

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



Vaxtex Cotfab 1-Year ROIIC % Calculation

Vaxtex Cotfab's 1-Year ROIIC % for the quarter that ended in Mar. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 0.6241752 (Mar. 2023) - 20.0628831 (Mar. 2022) )/( 368.519 (Mar. 2023) - 171.794 (Mar. 2022) )
=-19.4387079/196.725
=-9.88%***

* 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.


Vaxtex Cotfab  (NSE:VCL) 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.


Vaxtex Cotfab 1-Year ROIIC % Related Terms

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Vaxtex Cotfab (NSE:VCL) Business Description

Traded in Other Exchanges
N/A
Address
Near Rakhial Char Rasta, J-03 (GF to 4th Floor) Tejendra Arcade, Near Ganjifarak Mill Compound, Rakhial, Ahmedabad, GJ, IND, 380023
Vaxtex Cotfab Ltd is engaged in manufacturing and processing fabrics of Shirting and Suiting. Its products include Denim fabric, Home textile, Jeans, Mens casual shirts, Printed fabric and Yarn.

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