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Delta Manufacturing (BOM:504286) 3-Year ROIIC % : 9.36% (As of Mar. 2024)


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What is Delta Manufacturing 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. Delta Manufacturing's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was 9.36%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BOM:504286's 3-Year ROIIC % is ranked better than
57.77% of 2934 companies
in the Industrial Products industry
Industry Median: 5.275 vs BOM:504286: 9.36

Delta Manufacturing 3-Year ROIIC % Historical Data

The historical data trend for Delta Manufacturing'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.

Delta Manufacturing 3-Year ROIIC % Chart

Delta Manufacturing 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 -13.30 -12.38 74.35 20.53 9.36

Delta Manufacturing 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 20.53 - - - 9.36

Competitive Comparison of Delta Manufacturing's 3-Year ROIIC %

For the Specialty Industrial Machinery subindustry, Delta Manufacturing'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.


Delta Manufacturing's 3-Year ROIIC % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Delta Manufacturing's 3-Year ROIIC % distribution charts can be found below:

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



Delta Manufacturing 3-Year ROIIC % Calculation

Delta Manufacturing'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**
=( -67.7078856 (Mar. 2024) - -41.1026927 (Mar. 2021) )/( 964.487 (Mar. 2024) - 1248.746 (Mar. 2021) )
=-26.6051929/-284.259
=9.36%***

* 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.


Delta Manufacturing  (BOM:504286) 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.


Delta Manufacturing 3-Year ROIIC % Related Terms

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Delta Manufacturing (BOM:504286) Business Description

Traded in Other Exchanges
Address
Tardeo Road, Bayside Mall, 2nd Floor, Opposite Sobo Central Mall, Haji Ali, Mumbai, MH, IND, 400 034
Delta Manufacturing Ltd is a manufacturer of hard ferrite magnets. The company along with its subsidiaries manufactures ceramic magnets used in the automotive sector; soft ferrites that serve the electronics and automotive sector and also has a distribution house that deals in various kinds of magnets and magnet materials that are useful for various industries including electronics, retail, non-conventional energy, aerospace and automotive. Its operating segment includes Hard ferrites; Soft ferrites; Textiles and MagDev. The majority of the revenue is derived from the Textiles segment.

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