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Rana Gruber ASA (STU:7XH) 1-Year ROIIC % : -0.37% (As of Sep. 2024)


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What is Rana Gruber ASA 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. Rana Gruber ASA's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was -0.37%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

STU:7XH's 1-Year ROIIC % is ranked worse than
50.24% of 623 companies
in the Steel industry
Industry Median: -0.19 vs STU:7XH: -0.37

Rana Gruber ASA 1-Year ROIIC % Historical Data

The historical data trend for Rana Gruber ASA'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.

Rana Gruber ASA 1-Year ROIIC % Chart

Rana Gruber ASA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial 2,359.15 -844.79 -22.12 -112.14 127.79

Rana Gruber ASA Quarterly Data
Sep19 Dec19 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 87.59 127.79 66.68 76.40 -0.37

Competitive Comparison of Rana Gruber ASA's 1-Year ROIIC %

For the Steel subindustry, Rana Gruber ASA'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.


Rana Gruber ASA's 1-Year ROIIC % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Rana Gruber ASA's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Rana Gruber ASA's 1-Year ROIIC % falls into.



Rana Gruber ASA 1-Year ROIIC % Calculation

Rana Gruber ASA'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
=( 38.5214 (Sep. 2024) - 39.7673 (Sep. 2023) )/( 114.986 (Sep. 2024) - 92.077 (Sep. 2023) )
=-1.2459/22.909
=-5.44%***

* 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.


Rana Gruber ASA  (STU:7XH) 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.


Rana Gruber ASA 1-Year ROIIC % Related Terms

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Rana Gruber ASA Business Description

Traded in Other Exchanges
Address
Mjolanveien 29, Mo i Rana, NOR, 8622
Rana Gruber ASA is a sustainable iron ore producer in Norway. It is engaged in the excavating, processing and sale of iron oxide in the form of hematite, magnetite and iron oxide pigments. Hematite is used for iron and steel production in smelting plants in Europe and magnetite is used in industrial water purification processes. The iron ore production takes place at the group's iron ore deposits at Ortfjell as open-pit production and underground operation. It produces and sells iron ore concentrate, and mainly serves steel producers and participants in the chemical industry.The majority of revenue from contracts with customers arise from the sale of hematite products.

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