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.
Volt Information Sciences's 1-Year ROIIC % for the quarter that ended in Jan. 2022 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Volt Information Sciences's 1-Year ROIIC % or its related term are showing as below:
VOLT's 1-Year ROIIC % is not ranked *
in the Business Services industry.
Industry Median: 4.25 * Ranked among companies with meaningful 1-Year ROIIC % only.
Volt Information Sciences 1-Year ROIIC % Historical Data
* 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.
Competitive Comparison of Volt Information Sciences's 1-Year ROIIC %
For the Staffing & Employment Services subindustry, Volt Information Sciences'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.
Volt Information Sciences's 1-Year ROIIC % Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Volt Information Sciences's 1-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Volt Information Sciences's 1-Year ROIIC % falls into.
Volt Information Sciences 1-Year ROIIC % Calculation
Volt Information Sciences's 1-Year ROIIC % for the quarter that ended in Jan. 2022 is calculated as:
1-Year ROIIC %
=
1-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
1-Year Incremental Invested Capital
=
( 7.1807 (Jan. 2022) - -3.0813 (Jan. 2021) )
/
( 104.471 (Jan. 2022) - 130.961 (Jan. 2021) )
=
10.262
/
-26.49
=
-38.74%***
* 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.
Volt Information Sciences (AMEX:VOLT) 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.
Volt Information Sciences 1-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Volt Information Sciences's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Volt Information Sciences (Volt Information Sciences) Business Description
Volt Information Sciences Inc offers recruitment services. The company provides staffing services, outsourcing solutions, and information technology infrastructure services. Staffing services include contingent workers and personnel recruitment services. Outsourcing solutions consist of project-based IT and technology services, and Information technology infrastructure services provide server, storage, network, and desktop IT hardware maintenance. Its geographical segments are North American Staffing, International Staffing, and North American MSP. The company generates a majority of its revenue from the North American Staffing segment.
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