GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Micro Leasing PCL (BKK:MICRO) » Definitions » 3-Year ROIIC %

Micro Leasing PCL (BKK:MICRO) 3-Year ROIIC % : -0.08% (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Micro Leasing PCL 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. Micro Leasing PCL's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -0.08%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BKK:MICRO's 3-Year ROIIC % is ranked worse than
63.42% of 380 companies
in the Credit Services industry
Industry Median: 2.4 vs BKK:MICRO: -0.08

Micro Leasing PCL 3-Year ROIIC % Historical Data

The historical data trend for Micro Leasing PCL'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.

Micro Leasing PCL 3-Year ROIIC % Chart

Micro Leasing PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial - - 5.22 2.63 -0.08

Micro Leasing PCL Quarterly Data
Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - -0.08 -

Competitive Comparison of Micro Leasing PCL's 3-Year ROIIC %

For the Credit Services subindustry, Micro Leasing PCL'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.


Micro Leasing PCL's 3-Year ROIIC % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Micro Leasing PCL's 3-Year ROIIC % distribution charts can be found below:

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



Micro Leasing PCL 3-Year ROIIC % Calculation

Micro Leasing PCL'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**
=( 148.9851846 (Dec. 2023) - 150.7508541 (Dec. 2020) )/( 4832.803 (Dec. 2023) - 2542.531 (Dec. 2020) )
=-1.7656695/2290.272
=-0.08%***

* 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.


Micro Leasing PCL  (BKK:MICRO) 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.


Micro Leasing PCL 3-Year ROIIC % Related Terms

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


Micro Leasing PCL (BKK:MICRO) Business Description

Traded in Other Exchanges
N/A
Address
863/3 Phetkasem Road, Sanamchan Sub-district, Muang District, Nakhon Pathom, THA, 73000
Micro Leasing PCL is engaged in the business of providing hire purchase loans for used trucks, such as 6-wheel, 10-wheel, and 12-wheel trucks. The Group's operations involves operating segments which are hire purchase of trucks business, hire purchase of motorcycles business and insurance brokerage business. The company carries its operations in Thailand.

Micro Leasing PCL (BKK:MICRO) Headlines

No Headlines