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SMB Cote d'Ivoire (XBRV:SMBC) 1-Year ROIIC % : 1,164.51% (As of Dec. 2023)


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What is SMB Cote d'Ivoire 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. SMB Cote d'Ivoire's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was 1,164.51%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for SMB Cote d'Ivoire's 1-Year ROIIC % or its related term are showing as below:

XBRV:SMBC's 1-Year ROIIC % is ranked better than
98.61% of 1291 companies
in the Chemicals industry
Industry Median: 0.02 vs XBRV:SMBC: 1164.51

SMB Cote d'Ivoire 1-Year ROIIC % Historical Data

The historical data trend for SMB Cote d'Ivoire'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.

SMB Cote d'Ivoire 1-Year ROIIC % Chart

SMB Cote d'Ivoire 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 58.04 -177.85 -4.41 3.52 1,164.51

SMB Cote d'Ivoire Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 58.04 -177.85 -4.41 3.52 1,164.51

Competitive Comparison of SMB Cote d'Ivoire's 1-Year ROIIC %

For the Specialty Chemicals subindustry, SMB Cote d'Ivoire'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.


SMB Cote d'Ivoire's 1-Year ROIIC % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, SMB Cote d'Ivoire's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where SMB Cote d'Ivoire's 1-Year ROIIC % falls into.


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SMB Cote d'Ivoire 1-Year ROIIC % Calculation

SMB Cote d'Ivoire'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
=( 19775.8858 (Dec. 2023) - 10401.5664 (Dec. 2022) )/( 52873 (Dec. 2023) - 52068 (Dec. 2022) )
=9374.3194/805
=1,164.51%***

* 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.


SMB Cote d'Ivoire  (XBRV:SMBC) 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.


SMB Cote d'Ivoire 1-Year ROIIC % Related Terms

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SMB Cote d'Ivoire Business Description

Traded in Other Exchanges
N/A
Address
Boulevard de Petit Bassam, Vridi, Abidjan, CIV, BP 622
SMB Cote d'Ivoire, formerly Societe Multinationale de Bitumes SA is engaged in the refinement of crude oil. Its products are obtained by direct distillation of a South American heavy crude. It offers its products for the production of road bitumen. The various grades of bitumen offered by the company include 35/50, 40/50, 50/70, AC-10 and AC-20 among others.