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Able Global Bhd (XKLS:7167) 1-Year ROIIC % : 174.55% (As of Sep. 2024)


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What is Able Global Bhd 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. Able Global Bhd's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was 174.55%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Able Global Bhd's 1-Year ROIIC % or its related term are showing as below:

XKLS:7167's 1-Year ROIIC % is ranked better than
90.83% of 1854 companies
in the Consumer Packaged Goods industry
Industry Median: 3.2 vs XKLS:7167: 174.55

Able Global Bhd 1-Year ROIIC % Historical Data

The historical data trend for Able Global Bhd'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.

Able Global Bhd 1-Year ROIIC % Chart

Able Global Bhd 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 45.85 80.39 -2.73 -1.96 -104.72

Able Global Bhd Quarterly Data
Dec19 Mar20 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 4.15 -104.72 -557.03 165.91 174.55

Competitive Comparison of Able Global Bhd's 1-Year ROIIC %

For the Packaged Foods subindustry, Able Global Bhd'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.


Able Global Bhd's 1-Year ROIIC % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Able Global Bhd's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Able Global Bhd's 1-Year ROIIC % falls into.



Able Global Bhd 1-Year ROIIC % Calculation

Able Global Bhd'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
=( 78.9551 (Sep. 2024) - 43.8287 (Sep. 2023) )/( 584.827 (Sep. 2024) - 564.703 (Sep. 2023) )
=35.1264/20.124
=174.55%***

* 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.


Able Global Bhd  (XKLS:7167) 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.


Able Global Bhd 1-Year ROIIC % Related Terms

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Able Global Bhd Business Description

Traded in Other Exchanges
N/A
Address
PTD 124298, Jalan Kempas Lama, Kampung Seelong Jaya, Skudai, MYS, 81300
Able Global Bhd is mainly engaged in investment holding and management services. The company operates in four main segments: Investment Holding, Tin Manufacturing, Property Development, and Food and Beverage. The Investment Holding segment provides investment holding and management services. The Tin Manufacturing segment is involved in the production of various tins, cans, and other containers. The Food and Beverage segment is responsible for manufacturing and selling milk and other dairy-related products. It derives the majority of its revenue from the Food and Beverage segment and has a presence in various countries including Malaysia, Africa, Central America, Europe, and Other Countries.

Able Global Bhd Headlines

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