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.
Surya Roshni's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was 368.06%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Surya Roshni's 3-Year ROIIC % or its related term are showing as below:
BOM:500336's 3-Year ROIIC % is ranked better than 97.88% of 612
companies
in the Steel industry
Industry Median: 6.495
vs BOM:500336: 368.06
Surya Roshni 3-Year ROIIC % Historical Data
The historical data trend for Surya Roshni'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.
Competitive Comparison of Surya Roshni's 3-Year ROIIC %
For the Steel subindustry, Surya Roshni'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.
Surya Roshni's 3-Year ROIIC % Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Surya Roshni's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Surya Roshni's 3-Year ROIIC % falls into.
Surya Roshni 3-Year ROIIC % Calculation
Surya Roshni's 3-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
* 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.
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.
Surya Roshni 3-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Surya Roshni's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Surya Roshni Ltd is an Indian-based company involved in the manufacturing and marketing of lighting and steel tube products. The business activity of the firm has functioned through Steel pipes and Strips and Lighting and consumer durables segments. The Steel Pipe and Strips segment manufacturing and sale of steel pipes, cold rolled strips and steel structures. The Lighting and consumer durables segment is engaged in the manufacturing and sale of different varieties of Lamps, fittings, Fans, Appliances and allied items. Geographically all the business operations are operated from India, however, the business presence and the products are sold within the Indian and international market.
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