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.
Reliance Global Group's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was 1.31%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Reliance Global Group's 1-Year ROIIC % or its related term are showing as below:
RELI's 1-Year ROIIC % is ranked worse than 59.76% of 338
companies
in the Insurance industry
Industry Median: 4.755
vs RELI: 1.31
Reliance Global Group 1-Year ROIIC % Historical Data
The historical data trend for Reliance Global Group'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.
Competitive Comparison of Reliance Global Group's 1-Year ROIIC %
For the Insurance Brokers subindustry, Reliance Global Group'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.
Reliance Global Group's 1-Year ROIIC % Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Reliance Global Group's 1-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Reliance Global Group's 1-Year ROIIC % falls into.
Reliance Global Group 1-Year ROIIC % Calculation
Reliance Global Group'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
=
( -4.303 (Sep. 2024) - -4.121 (Sep. 2023) )
/
( 15.949 (Sep. 2024) - 29.851 (Sep. 2023) )
=
-0.182
/
-13.902
=
1.31%***
* 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.
Reliance Global Group (NAS:RELI) 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.
Reliance Global Group 1-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Reliance Global Group's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Reliance Global Group Inc operates as a holding company with diversified interests in the insurance market, as well as other related sectors. The company focuses on growing by pursuing an acquisition strategy, initially and primarily focused on wholesale and retail insurance agencies. Its primary strategy is to identify specific risks to reward arbitrage opportunities and develop these on a national platform, thereby increasing revenues and returns, and then identify and acquire undervalued wholesale and retail insurance agencies with operations in growing or underserved segments, expand and optimize their operations, and achieve asset value appreciation while generating interim cash flows. The company generates revenue in the form of commissions.
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