GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sahamit Machinery PCL (BKK:SMIT) » Definitions » 3-Year ROIIC %

Sahamit Machinery PCL (BKK:SMIT) 3-Year ROIIC % : -68.81% (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Sahamit Machinery 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. Sahamit Machinery PCL's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -68.81%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BKK:SMIT's 3-Year ROIIC % is ranked worse than
90.98% of 621 companies
in the Steel industry
Industry Median: 5.58 vs BKK:SMIT: -68.81

Sahamit Machinery PCL 3-Year ROIIC % Historical Data

The historical data trend for Sahamit Machinery 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.

Sahamit Machinery PCL 3-Year ROIIC % Chart

Sahamit Machinery PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.88 232.56 27.65 33.26 -68.81

Sahamit Machinery PCL 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 - -68.81 - - -

Competitive Comparison of Sahamit Machinery PCL's 3-Year ROIIC %

For the Steel subindustry, Sahamit Machinery 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.


Sahamit Machinery PCL's 3-Year ROIIC % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Sahamit Machinery PCL's 3-Year ROIIC % distribution charts can be found below:

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



Sahamit Machinery PCL 3-Year ROIIC % Calculation

Sahamit Machinery 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**
=( 122.889802 (Dec. 2023) - 145.5534444 (Dec. 2020) )/( 2029.91 (Dec. 2023) - 1996.974 (Dec. 2020) )
=-22.6636424/32.936000000001
=-68.81%***

* 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.


Sahamit Machinery PCL  (BKK:SMIT) 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.


Sahamit Machinery PCL 3-Year ROIIC % Related Terms

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


Sahamit Machinery PCL Business Description

Traded in Other Exchanges
Address
Rama 3 Road, 42 48 Soi chokchaijongjumroen, Yannawa, Bangpongpang, Bangkok, THA, 10120
Sahamit Machinery PCL is engaged in the distribution of industrial machinery and equipment. It operates in five product groups: special steels, machine tools and tooling, pulp and paper, machinery and equipment for wood processing, and electrical engineering. The business segments of the group are; Steel and Heat treatment, Machine tools and Tooling and Others. Steel and Heat treatment include special tool steels, carbonitriding, Annealing, machinery, and carbon steels contribute majority revenue of the firm. Machine tools and tooling products include electrical discharge machine, milling cutters, and inserts for milling. It mainly operates in Thailand, and derives main revenue from the Steel and Heat treatment segment.

Sahamit Machinery PCL Headlines

From GuruFocus

SCHMITT INVESTOR ALERT

By PRNewswire PRNewswire 12-09-2022

SCHMITT INDUSTRIES ANNOUNCES AMPLE HILLS FURLOUGH

By PRNewswire PRNewswire 12-19-2022