GURUFOCUS.COM » STOCK LIST » Technology » Software » Will Smart Co Ltd (TSE:175A) » Definitions » 1-Year ROIIC %

Will Smart Co (TSE:175A) 1-Year ROIIC % : 139.73% (As of Mar. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Will Smart Co 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. Will Smart Co's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was 139.73%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:175A's 1-Year ROIIC % is ranked better than
87.61% of 2485 companies
in the Software industry
Industry Median: 2.45 vs TSE:175A: 139.73

Will Smart Co 1-Year ROIIC % Historical Data

The historical data trend for Will Smart Co'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.

Will Smart Co 1-Year ROIIC % Chart

Will Smart Co Annual Data
Trend Mar22 Mar23 Mar24
1-Year ROIIC %
- 56.09 139.73

Will Smart Co Quarterly Data
Mar22 Mar23 Mar24
1-Year ROIIC % - 56.09 139.73

Competitive Comparison of Will Smart Co's 1-Year ROIIC %

For the Software - Application subindustry, Will Smart Co'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.


Will Smart Co's 1-Year ROIIC % Distribution in the Software Industry

For the Software industry and Technology sector, Will Smart Co's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Will Smart Co's 1-Year ROIIC % falls into.



Will Smart Co 1-Year ROIIC % Calculation

Will Smart Co'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
=( 27.6970375 (Mar. 2024) - -188.7138924 (Mar. 2023) )/( 595.082 (Mar. 2024) - 440.199 (Mar. 2023) )
=216.4109299/154.883
=139.73%***

* 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.


Will Smart Co  (TSE:175A) 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.


Will Smart Co 1-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Will Smart Co's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Will Smart Co Business Description

Traded in Other Exchanges
N/A
Address
2-11-6 Tomioka, Koto-ku, Tokyo, JPN, 135-0047
Will Smart Co Ltd is engaged in planning and proposing solutions and software developments with operational support services to solve business issues by utilizing DX technologies, focusing on the mobility industry.

Will Smart Co Headlines

No Headlines