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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.
Golden Tobacco's 3-Year ROIIC % for the quarter that ended in Mar. 2021 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Golden Tobacco's 3-Year ROIIC % or its related term are showing as below:
BOM:500151's 3-Year ROIIC % is not ranked *
in the Tobacco Products industry.
Industry Median: 4.2 * Ranked among companies with meaningful 3-Year ROIIC % only.
Golden Tobacco (BOM:500151) 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.
Golden Tobacco 3-Year ROIIC % Related Terms
Golden Tobacco 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Golden Tobacco'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.
BOM:500151 vs PM, MO, VGR: 3-Year ROIIC % Comparison
For the Tobacco subindustry, Golden Tobacco'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.
Golden Tobacco 3-Year ROIIC % vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Golden Tobacco's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Golden Tobacco's 3-Year ROIIC % falls into.
Golden Tobacco's 3-Year ROIIC % for the quarter that ended in Mar. 2021 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 89.6201675 (Mar. 2021) - 97.93 (Mar. 2018) )
/
( 3932.696 (Mar. 2021) - 5509.558 (Mar. 2018) )
=
-8.3098325
/
-1576.862
=
0.53%***
* 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.
Golden Tobacco (BOM:500151) has a 3-Year ROIIC % of 0.00 as of Mar. 2021. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Golden Tobacco and its competitors.
Is Golden Tobacco's 3-Year ROIIC % too high?
Golden Tobacco's current 3-Year ROIIC % is 0.00. Overall, Golden Tobacco has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Golden Tobacco's 3-Year ROIIC % compare to PM and MO?
Golden Tobacco's 3-Year ROIIC % of 0.00 can be compared against companies in the Tobacco Products industry. The industry median 3-Year ROIIC % is 4.20. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Tobacco Products company?
The median 3-Year ROIIC % among Tobacco Products companies is 4.20, based on 45 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Golden Tobacco and its competitors. For the Tobacco Products industry, the median 3-Year ROIIC % is 4.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Tobacco's current 3-Year ROIIC % is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Tobacco stock overvalued right now?
Golden Tobacco (BOM:500151) has a current 3-Year ROIIC % of 0.00. The current 3-Year ROIIC % is 0.00. Golden Tobacco's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Golden Tobacco (BOM:500151), the current 3-Year ROIIC % is 0.00 as of Mar. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Golden Tobacco Ltd is an Indian based firm engaged in the business of Tobacco. The company is primarily involved in the manufacturing of cigarettes and cigars. Its operating segment includes Tobacco Products and Realty. The company generates maximum revenue from Realty segment. It sells cigarettes and cigars under various brands such as Panama, Chancellor, Golden's, and Steel.
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