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Audeara (ASX:AUA) 3-Year ROIIC % : -93.65% (As of Jun. 2024)


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What is Audeara 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. Audeara's 3-Year ROIIC % for the quarter that ended in Jun. 2024 was -93.65%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ASX:AUA's 3-Year ROIIC % is ranked worse than
90.68% of 2415 companies
in the Hardware industry
Industry Median: 2.38 vs ASX:AUA: -93.65

Audeara 3-Year ROIIC % Historical Data

The historical data trend for Audeara'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.

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Audeara 3-Year ROIIC % Chart

Audeara Annual Data
Trend Jun21 Jun22 Jun23 Jun24
3-Year ROIIC %
- - - -93.65

Audeara Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
3-Year ROIIC % Get a 7-Day Free Trial - - - - -93.65

Competitive Comparison of Audeara's 3-Year ROIIC %

For the Consumer Electronics subindustry, Audeara'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.


Audeara's 3-Year ROIIC % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Audeara's 3-Year ROIIC % distribution charts can be found below:

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



Audeara 3-Year ROIIC % Calculation

Audeara's 3-Year ROIIC % for the quarter that ended in Jun. 2024 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -2.867 (Jun. 2024) - -1.599 (Jun. 2021) )/( 1.784 (Jun. 2024) - 0.43 (Jun. 2021) )
=-1.268/1.354
=-93.65%***

* 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.


Audeara  (ASX:AUA) 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.


Audeara 3-Year ROIIC % Related Terms

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Audeara Business Description

Traded in Other Exchanges
N/A
Address
527 Gregory Terrace, Level 1, North Tower, Fortitude Valley, QLD, AUS, 4006
Audeara Ltd is engaged in the development and commercialization of headphones and hearing health technology products. The company offers engineering services and manufacturing devices on behalf of third party brands. Its product includes Audeara A-01 Headphones, A-02 TV Bundle, A-02 Headphones, BT-01 TV Transceiver. The company is engaged in single segment, which is the development of hearing health technology. The company derives revenue geographically from Australia, Europe, and North America, where the majority is derived from Australia.

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