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Finolex Industries (BOM:500940) 3-Year ROIIC % : -19.83% (As of Mar. 2024)


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What is Finolex 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. Finolex Industries's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was -19.83%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BOM:500940's 3-Year ROIIC % is ranked worse than
79.47% of 1646 companies
in the Construction industry
Industry Median: 3.62 vs BOM:500940: -19.83

Finolex Industries 3-Year ROIIC % Historical Data

The historical data trend for Finolex 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.

Finolex Industries 3-Year ROIIC % Chart

Finolex 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 9.38 -108.97 214.42 -8.32 -19.83

Finolex Industries 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 - - -19.83 - -

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

For the Building Products & Equipment subindustry, Finolex 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.


Finolex Industries's 3-Year ROIIC % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Finolex Industries's 3-Year ROIIC % distribution charts can be found below:

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



Finolex Industries 3-Year ROIIC % Calculation

Finolex 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**
=( 3451.0112 (Mar. 2024) - 6786.48561 (Mar. 2021) )/( 44557 (Mar. 2024) - 27733.3 (Mar. 2021) )
=-3335.47441/16823.7
=-19.83%***

* 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.


Finolex Industries  (BOM:500940) 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.


Finolex Industries 3-Year ROIIC % Related Terms

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Finolex Industries Business Description

Traded in Other Exchanges
Address
Baner-Pashan Link Road, IndiQube -The Kode, 11th Floor, Baner Gaon, Haveli, Pune, MH, IND, 411045
Finolex Industries Ltd manufactures rigid polyvinyl chloride pipes and resins, and fittings. Pipes and fittings are developed out of manufacturing plants strategically located in India. Finolex's products are designed to meet a range of specifications such as size, pressure classes, and diameters. Traditionally, market participants in agriculture, housing, telecom, construction, and other industries have constituted the largest portion of the company's customer base. In addition to the number of manufacturing plants across India, Finolex depends on a network of direct and indirect retail outlets across the country to deliver its services to numerous industries.

Finolex Industries Headlines

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