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Messer Tehnogas a.d (XBEL:TGAS) 1-Year ROIIC % : 243.07% (As of Dec. 2023)


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What is Messer Tehnogas a.d 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. Messer Tehnogas a.d's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was 243.07%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Messer Tehnogas a.d's 1-Year ROIIC % or its related term are showing as below:

XBEL:TGAS's 1-Year ROIIC % is ranked better than
94.01% of 1536 companies
in the Chemicals industry
Industry Median: -0.175 vs XBEL:TGAS: 243.07

Messer Tehnogas a.d 1-Year ROIIC % Historical Data

The historical data trend for Messer Tehnogas a.d'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.

Messer Tehnogas a.d 1-Year ROIIC % Chart

Messer Tehnogas a.d 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 11.80 24.53 37.11 -13.51 243.07

Messer Tehnogas a.d Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 37.11 6.15 -13.51 16.78 243.07

Competitive Comparison of Messer Tehnogas a.d's 1-Year ROIIC %

For the Specialty Chemicals subindustry, Messer Tehnogas a.d'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.


Messer Tehnogas a.d's 1-Year ROIIC % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Messer Tehnogas a.d's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Messer Tehnogas a.d's 1-Year ROIIC % falls into.



Messer Tehnogas a.d 1-Year ROIIC % Calculation

Messer Tehnogas a.d's 1-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 4089.822506 (Dec. 2023) - 2546.1518734 (Dec. 2022) )/( 23353.069 (Dec. 2023) - 22717.993 (Dec. 2022) )
=1543.6706326/635.076
=243.07%***

* 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.


Messer Tehnogas a.d  (XBEL:TGAS) 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.


Messer Tehnogas a.d 1-Year ROIIC % Related Terms

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Messer Tehnogas a.d (XBEL:TGAS) Business Description

Traded in Other Exchanges
N/A
Address
Banjicki Put 62, Belgrade, SRB
Messer Tehnogas a.d. is engaged in the production and marketing of industrial and medical gases. The company serves steel and metal, metallurgy, chemical and petrochemical, food and beverage, pharmaceutical, automobile, electronics, medicine, home care, cutting and welding, water treatment and ecology and scientific research industry. Its products include oxygen, azot, argon, hydrogen, helium, home care, special gases, distribution line, HFC refrigerant fluids, natural cooling fluids, and other gases.

Messer Tehnogas a.d (XBEL:TGAS) Headlines

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