Ruby Cables (BOM:539836) 3-Year ROIIC % : 0.00% (As of Mar. 2017)

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What is Ruby Cables 3-Year ROIIC %?

Ruby Cables BOM:539836 3-Year ROIIC % is 0.00 as of Mar. 2017.

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. Ruby Cables's 3-Year ROIIC % for the quarter that ended in Mar. 2017 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BOM:539836's 3-Year ROIIC % is not ranked *
in the Industrial Products industry.
Industry Median: 3.52
* Ranked among companies with meaningful 3-Year ROIIC % only.

Ruby Cables  (BOM:539836) 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.


Ruby Cables 3-Year ROIIC % Related Terms


Ruby Cables 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Ruby Cables'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.

Ruby Cables 3-Year ROIIC % Chart

Ruby Cables Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
3-Year ROIIC %
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Ruby Cables Semi-Annual Data
Mar11 Mar12 Mar13 Mar14 Mar15 Sep15 Mar16 Sep16 Mar17
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

BOM:539836 vs TNLX, MFCO: 3-Year ROIIC % Comparison

For the Electrical Equipment & Parts subindustry, Ruby Cables'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.


Ruby Cables 3-Year ROIIC % vs Industrial Products Industry

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

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



Ruby Cables 3-Year ROIIC % Calculation

Ruby Cables's 3-Year ROIIC % for the quarter that ended in Mar. 2017 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -199.5877422 (Mar. 2017) - 47.8153206 (Mar. 2014) )/( 357.343 (Mar. 2017) - 448.669 (Mar. 2014) )
=-247.4030628/-91.326
=270.90%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 0.00 mean?
Ruby Cables (BOM:539836) has a 3-Year ROIIC % of 0.00 as of Mar. 2017. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Ruby Cables and its competitors.
Is Ruby Cables' 3-Year ROIIC % too high?
Ruby Cables' current 3-Year ROIIC % is 0.00.
How does Ruby Cables' 3-Year ROIIC % compare to TNLX and MFCO?
Ruby Cables' 3-Year ROIIC % of 0.00 can be compared against companies in the Industrial Products industry. The industry median 3-Year ROIIC % is 3.52. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for an Industrial Products company?
The median 3-Year ROIIC % among Industrial Products companies is 3.52, based on 2,931 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Ruby Cables and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ruby Cables's current 3-Year ROIIC % is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ruby Cables stock overvalued right now?
Ruby Cables (BOM:539836) has a current 3-Year ROIIC % of 0.00. The current 3-Year ROIIC % is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Ruby Cables (BOM:539836), the current 3-Year ROIIC % is 0.00 as of Mar. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ruby Cables Business Description

Address 15, G.I.D.C., Manjusar, Taluk Savli, Vadodara, GJ, IND, 391775
Ruby Cables Ltd is the manufacturer of all types of polyvinyl chloride/chemically cross-linked polyethylene Foam(PVC/XLPE) insulated low tension wires and cables. The company also manufactures all aluminium conductors(AAC), all aluminium alloy conductors(AAAC), aluminium conductor steel reinforced cable(ACSR) and aerial bunch cables. The company is based in India.