GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Britannia Industries Ltd (BOM:500825) » Definitions » 3-Year ROIIC %

Britannia Industries (BOM:500825) 3-Year ROIIC % : 41.25% (As of Mar. 2024)


View and export this data going back to 1991. Start your Free Trial

What is Britannia Industries 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. Britannia Industries's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was 41.25%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BOM:500825's 3-Year ROIIC % is ranked better than
83.23% of 1819 companies
in the Consumer Packaged Goods industry
Industry Median: 1.66 vs BOM:500825: 41.25

Britannia Industries 3-Year ROIIC % Historical Data

The historical data trend for Britannia Industries'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.

Britannia Industries 3-Year ROIIC % Chart

Britannia Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.95 31.41 24.70 63.39 41.25

Britannia Industries Quarterly Data
Jun19 Sep19 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 63.39 - - - 41.25

Competitive Comparison of Britannia Industries's 3-Year ROIIC %

For the Packaged Foods subindustry, Britannia Industries'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.


Britannia Industries's 3-Year ROIIC % Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Britannia Industries's 3-Year ROIIC % falls into.



Britannia Industries 3-Year ROIIC % Calculation

Britannia Industries'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)**/3-Year Incremental Invested Capital**
=( 21018.2085 (Mar. 2024) - 17016.82128 (Mar. 2021) )/( 65889 (Mar. 2024) - 56189.6 (Mar. 2021) )
=4001.38722/9699.4
=41.25%***

* 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.


Britannia Industries  (BOM:500825) 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.


Britannia Industries 3-Year ROIIC % Related Terms

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


Britannia Industries (BOM:500825) Business Description

Traded in Other Exchanges
Address
Whitefield Main Road, The Business Precinct, Tower C, 16th & 17th Floor, Prestige Shantiniketan, Mahadevapura Post, Bengaluru, KA, IND, 560048
Britannia Industries Ltd is an Indian packaged-food company. Its main product categories are: biscuits, breads, dairy, cakes, and rusks. The biscuits product line offers sweet biscuits under the GoodDay brand, crackers under the 5050 brands, nutritional and digestive biscuits under the NutriChoice brand, and other products. The bread products segment offers whole-wheat breads, white sandwich breads, and bread assortments. The dairy product line sells cheese, milk, and yogurt under the Britannia brand. The cake segment offers bar cakes, muffins, and many more.

Britannia Industries (BOM:500825) Headlines

No Headlines