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F.I.T Group JSC (STC:FIT) 1-Year ROIIC % : -420.68% (As of Mar. 2024)


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What is F.I.T Group JSC 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. F.I.T Group JSC's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was -420.68%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for F.I.T Group JSC's 1-Year ROIIC % or its related term are showing as below:

STC:FIT's 1-Year ROIIC % is ranked worse than
93.33% of 600 companies
in the Asset Management industry
Industry Median: 2.5 vs STC:FIT: -420.68

F.I.T Group JSC 1-Year ROIIC % Historical Data

The historical data trend for F.I.T Group JSC'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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F.I.T Group JSC 1-Year ROIIC % Chart

F.I.T Group JSC 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 -20.41 -4.25 1.18 -0.78 -8.27

F.I.T Group JSC 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 -1.75 -0.80 -1.52 -8.27 -420.68

Competitive Comparison of F.I.T Group JSC's 1-Year ROIIC %

For the Asset Management subindustry, F.I.T Group JSC'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.


F.I.T Group JSC's 1-Year ROIIC % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, F.I.T Group JSC's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where F.I.T Group JSC's 1-Year ROIIC % falls into.



F.I.T Group JSC 1-Year ROIIC % Calculation

F.I.T Group JSC'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
=( 75859.2989 (Mar. 2024) - -19054.2766 (Mar. 2023) )/( 6191034.494 (Mar. 2024) - 6213596.338 (Mar. 2023) )
=94913.5755/-22561.844000001
=-420.68%***

* 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.


F.I.T Group JSC  (STC:FIT) 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.


F.I.T Group JSC 1-Year ROIIC % Related Terms

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F.I.T Group JSC (STC:FIT) Business Description

Traded in Other Exchanges
N/A
Address
No. 35 Le Van Luong, 5th Floor, Times Tower, HACC1 Complex, Thanh Xuan District, Hanoi, VNM
F.I.T Group JSC is a Vietnam based company operating in the investment advisory field and financial services. It offers advisory services such as capital mobilization and consultant service for the project, person and business; and M&A advisory service. In addition, the group is also engaged in providing real estate services, which includes appraising service, real estate repo service, management real estate service, mobilizing capital for real estate service, financial advisory service for real estate project including, rent, sell and purchase activities, and direct investment into real estate project. Through its subsidiaries, the group is also involved in the businesses of pharmaceutical, agriculture, FMCG and others.