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PLNH (Planet 13 Holdings) 1-Year ROIIC % : 18.77% (As of Sep. 2024)


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What is Planet 13 Holdings 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. Planet 13 Holdings's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was 18.77%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Planet 13 Holdings's 1-Year ROIIC % or its related term are showing as below:

PLNH's 1-Year ROIIC % is ranked better than
65.05% of 1010 companies
in the Drug Manufacturers industry
Industry Median: 1.6 vs PLNH: 18.77

Planet 13 Holdings 1-Year ROIIC % Historical Data

The historical data trend for Planet 13 Holdings'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.

Planet 13 Holdings 1-Year ROIIC % Chart

Planet 13 Holdings Annual Data
Trend Jun16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial -20.08 5.75 32.46 -187.31 -43.27

Planet 13 Holdings 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 -20.57 -43.27 -25.81 54.67 18.77

Competitive Comparison of Planet 13 Holdings's 1-Year ROIIC %

For the Drug Manufacturers - Specialty & Generic subindustry, Planet 13 Holdings'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.


Planet 13 Holdings's 1-Year ROIIC % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Planet 13 Holdings's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Planet 13 Holdings's 1-Year ROIIC % falls into.



Planet 13 Holdings 1-Year ROIIC % Calculation

Planet 13 Holdings'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
=( -19.5745 (Sep. 2024) - -32.2638 (Sep. 2023) )/( 196.844 (Sep. 2024) - 129.722 (Sep. 2023) )
=12.6893/67.122
=18.90%***

* 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.


Planet 13 Holdings  (OTCPK:PLNH) 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.


Planet 13 Holdings 1-Year ROIIC % Related Terms

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Planet 13 Holdings Business Description

Traded in Other Exchanges
Address
2548 West Desert Inn Road, Suite 100, Las Vegas, NV, USA, 89109
Planet 13 Holdings Inc operates as an integrated cannabis company based in Nevada, with cultivation, production, and dispensary operations in Las Vegas. The company is focused on providing an unparalleled dispensary experience and optimizing cultivation efficiencies through its technology as the vanguard of cannabis.
Executives
Chris Wren officer: VP of Operations 2548 WEST DESERT INN ROAD, SUITE 100, LAS VEGAS NV 89109
Dennis Logan officer: CFO 2548 WEST DESERT INN ROAD, SUITE 100, LAS VEGAS NV 89109
Leighton Koehler officer: General Counsel 2548 WEST DESERT INN ROAD, SUITE 100, LAS VEGAS NV 89109
Larry Scheffler director, 10 percent owner, officer: Co-CEO 2548 WEST DESERT INN ROAD, SUITE 100, LAS VEGAS NV 89109
David Farris officer: VP of Sales & Marketing 2548 WEST DESERT INN ROAD, SUITE 100, LAS VEGAS NV 89109
Adrienne O'neal director 2548 WEST DESERT INN ROAD, SUITE 100, LAS VEGAS NV 89109
William Vargas officer: VP of Finance 2548 WEST DESERT INN ROAD, SUITE 100, LAS VEGAS NV 89109
Robert Groesbeck director, 10 percent owner, officer: Co-CEO 2548 WEST DESERT INN ROAD, SUITE 100, LAS VEGAS NV 89109
Lee Fraser director 4675 W TECO AVE, SUITE 250, LAS VEGAS NV 89118
Todd Hybels officer: VP of Midwestern Operations 2548 WEST DESERT INN ROAD, SUITE 100, LAS VEGAS NV 89109
Michael Lanteri Jennings officer: Pres. of East Coast Operations 2548 WEST DESERT INN ROAD, SUITE 100, LAS VEGAS NV 89109
Michael Harman director 2548 WEST DESERT INN ROAD, SUITE 100, LAS VEGAS NV 89109