GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Wide Open Agriculture Ltd (ASX:WOA) » Definitions » 3-Year ROIIC %

Wide Open Agriculture (ASX:WOA) 3-Year ROIIC % : -49.79% (As of Jun. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Wide Open Agriculture 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. Wide Open Agriculture's 3-Year ROIIC % for the quarter that ended in Jun. 2024 was -49.79%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ASX:WOA's 3-Year ROIIC % is ranked worse than
85.72% of 1828 companies
in the Consumer Packaged Goods industry
Industry Median: 1.82 vs ASX:WOA: -49.79

Wide Open Agriculture 3-Year ROIIC % Historical Data

The historical data trend for Wide Open Agriculture'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.

Wide Open Agriculture 3-Year ROIIC % Chart

Wide Open Agriculture Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
3-Year ROIIC %
Get a 7-Day Free Trial - - -114.93 -169.47 -49.79

Wide Open Agriculture Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -114.93 - -169.47 - -49.79

Competitive Comparison of Wide Open Agriculture's 3-Year ROIIC %

For the Packaged Foods subindustry, Wide Open Agriculture'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.


Wide Open Agriculture's 3-Year ROIIC % Distribution in the Consumer Packaged Goods Industry

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

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



Wide Open Agriculture 3-Year ROIIC % Calculation

Wide Open Agriculture'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**
=( -10.827 (Jun. 2024) - -7.88 (Jun. 2021) )/( 9.319 (Jun. 2024) - 3.4 (Jun. 2021) )
=-2.947/5.919
=-49.79%***

* 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.


Wide Open Agriculture  (ASX:WOA) 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.


Wide Open Agriculture 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Wide Open Agriculture's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Wide Open Agriculture Business Description

Traded in Other Exchanges
N/A
Address
1 Winton Street, Kewdale, WA, AUS, 6105
Wide Open Agriculture Ltd is an Australia-based regenerative food and agriculture company. The company is into the development of its farmland portfolio and its food brand, Dirty Clean Food, Buntine Protein, and Dirty Clean Food Oat Milk. The company generates the majority of its revenues from sales of Dirty Clean Food products.

Wide Open Agriculture Headlines

No Headlines