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Zen Voce (ROCO:3581) 1-Year ROIIC % : 79.26% (As of Mar. 2024)


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What is Zen Voce 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. Zen Voce's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was 79.26%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ROCO:3581's 1-Year ROIIC % is ranked better than
83.09% of 970 companies
in the Semiconductors industry
Industry Median: -1.655 vs ROCO:3581: 79.26

Zen Voce 1-Year ROIIC % Historical Data

The historical data trend for Zen Voce'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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Zen Voce 1-Year ROIIC % Chart

Zen Voce Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 539.99 8.76 497.77 -7.71 123.09

Zen Voce Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -122.10 -124.21 30.91 123.09 79.26

Competitive Comparison of Zen Voce's 1-Year ROIIC %

For the Semiconductors subindustry, Zen Voce'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.


Zen Voce's 1-Year ROIIC % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Zen Voce's 1-Year ROIIC % distribution charts can be found below:

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



Zen Voce 1-Year ROIIC % Calculation

Zen Voce'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
=( 27.2908 (Mar. 2024) - 86.284 (Mar. 2023) )/( 1039.906 (Mar. 2024) - 1114.335 (Mar. 2023) )
=-58.9932/-74.429
=79.26%***

* 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.


Zen Voce  (ROCO:3581) 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.


Zen Voce 1-Year ROIIC % Related Terms

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Zen Voce (ROCO:3581) Business Description

Traded in Other Exchanges
N/A
Address
No. 53, Jinggong Road, Sinfong Township, Hsinchu, TWN, 30441
Zen Voce Corp is a Taiwan based company engaged in the business of providing semiconductor, optoelectronics and MEMS and LCD's equipment. It offers equipment products which include IC packaging machine design and manufacture of bumping, wafer cutting machine and cleaning machine design and manufacturing, and board cutting machine and cleaning machine design and manufacturing. The test products provided by the company includes Wafer test probe card PCB design and manufacturing, IC test HIFIX and CHANG KIT design and manufacturing, SOCKET IC design and manufacturing test, Acting IC HANDLER, and Acting SOCKET IC burn-in test.

Zen Voce (ROCO:3581) Headlines

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