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AGRI (AgriFORCE Growing Systems) 3-Year ROIIC % : -39.61% (As of Dec. 2023)


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What is AgriFORCE Growing Systems 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. AgriFORCE Growing Systems's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -39.61%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

AGRI's 3-Year ROIIC % is ranked worse than
83.81% of 1828 companies
in the Consumer Packaged Goods industry
Industry Median: 1.82 vs AGRI: -39.61

AgriFORCE Growing Systems 3-Year ROIIC % Historical Data

The historical data trend for AgriFORCE Growing Systems'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.

AgriFORCE Growing Systems 3-Year ROIIC % Chart

AgriFORCE Growing Systems Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial - - -116.22 -40.52 -39.61

AgriFORCE Growing Systems 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 - -39.61 - - -

Competitive Comparison of AgriFORCE Growing Systems's 3-Year ROIIC %

For the Farm Products subindustry, AgriFORCE Growing Systems'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.


AgriFORCE Growing Systems's 3-Year ROIIC % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, AgriFORCE Growing Systems's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where AgriFORCE Growing Systems's 3-Year ROIIC % falls into.



AgriFORCE Growing Systems 3-Year ROIIC % Calculation

AgriFORCE Growing Systems'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**
=( -9.19 (Dec. 2023) - -3.345 (Dec. 2020) )/( 17.247 (Dec. 2023) - 2.491 (Dec. 2020) )
=-5.845/14.756
=-39.61%***

* 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.


AgriFORCE Growing Systems  (NAS:AGRI) 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.


AgriFORCE Growing Systems 3-Year ROIIC % Related Terms

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AgriFORCE Growing Systems Business Description

Traded in Other Exchanges
N/A
Address
800 – 525 West 8th Avenue, Vancouver, BC, CAN, V5Z 1C6
AgriFORCE Growing Systems Ltd is an Ag-Tech company with a primary focus on developing and utilizing its intellectual property assets for improvements dedicated to the agricultural industry. The company believes that this goal is best achieved by using its proprietary IP for solutions in the agricultural industry as well as seeking the development of new IP to both enhance the technology which it has already retained in-house as well as development of new technologies which can increase its footprint in the Ag-Tech space. Its AgriFORCE Brands division is focused on the development and commercialization of plant-based ingredients and products that deliver more nutritious food. It will market and commercialize ingredient supplies, like its Awakened Flour and Awakened Grains.
Executives
Ingo Wilhelm Mueller director, officer: Chief Executive Officer 300 - 2233 COLUMBIA STREET, VANCOUVER A1 V5Y 0M6
Amy Griffith director 718 OLD LANCASTER ROAD, BRYN MAWR PA 19010
Richard Levychin director 189 MONTAGUE STREET, APT. 28A, BROOKLYN NY 11201
Don Nicholson director 1602-1228 WEST HASTINGS ST, VANCOUVER A1 V6E 4S6
David Ryan Welch director 500 SOUTH GRAND AVENUE,, SUITE 1800, LOS ANGELES CA 90071
William John Meekison director 4475 ROSS CRESCENT, WEST VANCOUVER A1 V7W 1B4
Troy Mcclellan officer: President, AgriFORCE Solutions C/O AGRIFORCE GROWING SYSTEMS LTD, 300 - 2233 COLUMBIA STREET, VANCOUVER A1 V5Y 0M6