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Forward Science (ROCO:7530) 1-Year ROIIC % : -402.86% (As of Jun. 2024)


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What is Forward Science 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. Forward Science's 1-Year ROIIC % for the quarter that ended in Jun. 2024 was -402.86%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ROCO:7530's 1-Year ROIIC % is ranked worse than
96.73% of 2664 companies
in the Industrial Products industry
Industry Median: 0.79 vs ROCO:7530: -402.86

Forward Science 1-Year ROIIC % Historical Data

The historical data trend for Forward Science'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.

Forward Science 1-Year ROIIC % Chart

Forward Science Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial -8.12 - 83.94 -44.54 121.53

Forward Science Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
1-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 6.74 -44.54 -54.44 121.53 -402.86

Competitive Comparison of Forward Science's 1-Year ROIIC %

For the Specialty Industrial Machinery subindustry, Forward Science'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.


Forward Science's 1-Year ROIIC % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Forward Science's 1-Year ROIIC % distribution charts can be found below:

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



Forward Science 1-Year ROIIC % Calculation

Forward Science's 1-Year ROIIC % for the quarter that ended in Jun. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -48.8098 (Jun. 2024) - -33.7468 (Jun. 2023) )/( 659.04 (Jun. 2024) - 655.301 (Jun. 2023) )
=-15.063/3.739
=-402.86%***

* 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.


Forward Science  (ROCO:7530) 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.


Forward Science 1-Year ROIIC % Related Terms

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Forward Science Business Description

Traded in Other Exchanges
N/A
Address
232 Youyi Road, Miaoli County, Jhunan, TWN, 350
Forward Science Corp is engaged in the manufacturing and maintenance of vacuum pumps. It is also involved in precision parts manufacturing that includes Stainless Processing, Aluminum Processing, Casting Processing, and Metal Finishing among others.

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