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Spright Agro (BOM:531205) 3-Year ROIIC % : 17.63% (As of Mar. 2024)


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What is Spright Agro 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. Spright Agro's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was 17.63%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BOM:531205's 3-Year ROIIC % is ranked better than
74.6% of 248 companies
in the Agriculture industry
Industry Median: 1.75 vs BOM:531205: 17.63

Spright Agro 3-Year ROIIC % Historical Data

The historical data trend for Spright Agro'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.

Spright Agro 3-Year ROIIC % Chart

Spright Agro 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 -9,650.00 51.17 248.05 -155.89 17.63

Spright Agro 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 -155.89 - - - 17.63

Competitive Comparison of Spright Agro's 3-Year ROIIC %

For the Agricultural Inputs subindustry, Spright Agro'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.


Spright Agro's 3-Year ROIIC % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Spright Agro's 3-Year ROIIC % distribution charts can be found below:

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



Spright Agro 3-Year ROIIC % Calculation

Spright Agro'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**
=( 118.8873212 (Mar. 2024) - 2.058 (Mar. 2021) )/( 673.055 (Mar. 2024) - 10.55 (Mar. 2021) )
=116.8293212/662.505
=17.63%***

* 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.


Spright Agro  (BOM:531205) 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.


Spright Agro 3-Year ROIIC % Related Terms

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Spright Agro (BOM:531205) Business Description

Traded in Other Exchanges
N/A
Address
Ashram Road, Office No: B-263, Sakar-7, Nehru Bridge Corner, Ahmedabad, GJ, IND, 380006
Tine Agro Ltd formerly Kansal Fibres Ltd is currently engaged in the business of dealing and trading in all types of agricultural goods, commodities, and other related materials on retail as well as on wholesale basis.. It is engaged in the trading of textile material on a retail basis. The company markets its clothing products throughout India.

Spright Agro (BOM:531205) Headlines

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