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Viking Tech (ROCO:3624) 1-Year ROIIC % : 113.58% (As of Sep. 2024)


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What is Viking Tech 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. Viking Tech's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was 113.58%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ROCO:3624's 1-Year ROIIC % is ranked better than
86.19% of 2325 companies
in the Hardware industry
Industry Median: 4.69 vs ROCO:3624: 113.58

Viking Tech 1-Year ROIIC % Historical Data

The historical data trend for Viking Tech'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.

Viking Tech 1-Year ROIIC % Chart

Viking Tech 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 -448.30 325.86 104.54 -10.78 -483.27

Viking Tech 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 1,155.14 -483.27 -443.12 -54.95 113.58

Competitive Comparison of Viking Tech's 1-Year ROIIC %

For the Electronic Components subindustry, Viking Tech'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.


Viking Tech's 1-Year ROIIC % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Viking Tech's 1-Year ROIIC % distribution charts can be found below:

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



Viking Tech 1-Year ROIIC % Calculation

Viking Tech'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
=( 216.3925 (Sep. 2024) - 307.9468 (Sep. 2023) )/( 2272.623 (Sep. 2024) - 2353.228 (Sep. 2023) )
=-91.5543/-80.605
=113.58%***

* 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.


Viking Tech  (ROCO:3624) 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.


Viking Tech 1-Year ROIIC % Related Terms

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Viking Tech Business Description

Traded in Other Exchanges
N/A
Address
No. 70, Guangfu North Road, Hukou Township, HsinChu Industrial Park, Hsinchu County, Hsinchu, TWN, 303
Viking Tech Corp is a Taiwan based electronic components manufacturing company. It is engaged in research, development, manufacturing, and sale of thick and thin film passive components. The company's product categories include resistors, inductors, and capacitors. Some of these include Automotive Grade Resistor, Thin Film Resistor, Metal Low Ohm Resistor, Leaded Resistor, RF Ceramic Inductor, Miniature Power Inductor, and Shielding Power Inductor among others. Geographically, the company generates maximum revenue from China, and the rest from Taiwan, Hong Kong, America, Germany, Korea, and other regions.

Viking Tech Headlines

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