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RMIAF (Automotive Finco) 1-Year ROIIC % : 31.44% (As of Sep. 2024)


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What is Automotive Finco 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. Automotive Finco's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was 31.44%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

RMIAF's 1-Year ROIIC % is ranked better than
75% of 216 companies
in the Credit Services industry
Industry Median: 4.305 vs RMIAF: 31.44

Automotive Finco 1-Year ROIIC % Historical Data

The historical data trend for Automotive Finco'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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Automotive Finco 1-Year ROIIC % Chart

Automotive Finco Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.43 1,902.17 - - -

Automotive Finco 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 - - 67.02 48.65 31.44

Competitive Comparison of Automotive Finco's 1-Year ROIIC %

For the Credit Services subindustry, Automotive Finco'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.


Automotive Finco's 1-Year ROIIC % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Automotive Finco's 1-Year ROIIC % distribution charts can be found below:

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


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Automotive Finco 1-Year ROIIC % Calculation

Automotive Finco'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
=( 1.539 (Sep. 2024) - 1.036 (Sep. 2023) )/( 3.276 (Sep. 2024) - 1.661 (Sep. 2023) )
=0.503/1.615
=31.15%***

* 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.


Automotive Finco  (OTCPK:RMIAF) 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.


Automotive Finco 1-Year ROIIC % Related Terms

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Automotive Finco Business Description

Traded in Other Exchanges
Address
Yonge King, PO Box 17026, Toronto, ON, CAN, M5E 1Y2
Automotive Finco Corp p is a finance company focused exclusively on the auto retail sector. The company also pursues other direct investments and financing opportunities across the auto retail sector. Through its investment in Automotive Finance LP, it is engaged in the business of lending and administering investment funds. The Company has only one operating segment: Investment issuer focused on providing debt financing and making other investments in the auto retail sector.

Automotive Finco Headlines