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ACASF (Acast AB) 3-Year ROIIC % : -24.65% (As of Dec. 2023)


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What is Acast AB 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Acast AB's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -24.65%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Acast AB's 3-Year ROIIC % or its related term are showing as below:

ACASF's 3-Year ROIIC % is ranked worse than
72.43% of 1001 companies
in the Media - Diversified industry
Industry Median: 0.36 vs ACASF: -24.65

Acast AB 3-Year ROIIC % Historical Data

The historical data trend for Acast AB's 3-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.

Acast AB 3-Year ROIIC % Chart

Acast AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial - - -56.34 -39.99 -24.65

Acast AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
3-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 - -24.65 - - -

Competitive Comparison of Acast AB's 3-Year ROIIC %

For the Entertainment subindustry, Acast AB's 3-Year ROIIC %, along with its competitors' market caps and 3-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.


Acast AB's 3-Year ROIIC % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Acast AB's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Acast AB's 3-Year ROIIC % falls into.



Acast AB 3-Year ROIIC % Calculation

Acast AB's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -26.5053756 (Dec. 2023) - -18.3169193 (Dec. 2020) )/( 76.443 (Dec. 2023) - 36.179 (Dec. 2020) )
=-8.1884563/40.264
=-20.34%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-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.


Acast AB  (OTCPK:ACASF) 3-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.


Acast AB 3-Year ROIIC % Related Terms

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Acast AB Business Description

Traded in Other Exchanges
Address
Kungsgatan 28, Stockholm, SWE, 111 35
Acast AB is the curated, fully integrated, fastest growing podcast marketplace in the world. It offers podcast hosting, growth, and then monetization through both a creative and curated advertising marketplace, as well as membership features to connect podcasters with paying fans. The group has three operating segments- Europe, North America and others. Majority of revenue is generated from Europe segment.