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Narayana Hrudayalaya (BOM:539551) 3-Year ROIIC % : 47.90% (As of Mar. 2024)


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What is Narayana Hrudayalaya 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. Narayana Hrudayalaya's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was 47.90%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BOM:539551's 3-Year ROIIC % is ranked better than
86.13% of 620 companies
in the Healthcare Providers & Services industry
Industry Median: 1.69 vs BOM:539551: 47.90

Narayana Hrudayalaya 3-Year ROIIC % Historical Data

The historical data trend for Narayana Hrudayalaya'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.

Narayana Hrudayalaya 3-Year ROIIC % Chart

Narayana Hrudayalaya 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 7.53 -65.27 129.81 67.54 47.90

Narayana Hrudayalaya 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 - - 47.90 - -

Competitive Comparison of Narayana Hrudayalaya's 3-Year ROIIC %

For the Medical Care Facilities subindustry, Narayana Hrudayalaya'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.


Narayana Hrudayalaya's 3-Year ROIIC % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Narayana Hrudayalaya's 3-Year ROIIC % distribution charts can be found below:

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



Narayana Hrudayalaya 3-Year ROIIC % Calculation

Narayana Hrudayalaya'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**
=( 8371.749514 (Mar. 2024) - 58.198768 (Mar. 2021) )/( 40928.51 (Mar. 2024) - 23572.49 (Mar. 2021) )
=8313.550746/17356.02
=47.90%***

* 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.


Narayana Hrudayalaya  (BOM:539551) 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.


Narayana Hrudayalaya 3-Year ROIIC % Related Terms

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Narayana Hrudayalaya Business Description

Traded in Other Exchanges
Address
Hosur Road, Anekal Taluk, 261/A, 2nd Floor, Bommasandra Industrial Area, Bengaluru, KA, IND, 560099
Narayana Hrudayalaya Ltd is an India-based medical and healthcare service provider. It operates a chain of multispecialty, tertiary healthcare facilities. The hospital offers medical services in the field of dermatology, hematology, neurology, orthopedics, pediatrics, cancer care, cardiology, pulmonology. The Company's sole operating segment is Medical and Healthcare Related Services. It also provides surgery services such as Cardiac Surgery, Neurosurgery, Thoracic Surgery, Renal Transplant, and others. Imaging and radiology services, Physiotherapy sessions, and blood bank services are some of the diagnostics and support provided by the hospital. It has business operations in India and the Rest of the world, of which maximum revenue is generated from the business operations in India.

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