GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Salem Erode Investments Ltd (BOM:540181) » Definitions » 3-Year ROIIC %

Salem Erode Investments (BOM:540181) 3-Year ROIIC % : -81.84% (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Salem Erode Investments 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. Salem Erode Investments's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was -81.84%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BOM:540181's 3-Year ROIIC % is ranked worse than
96.13% of 388 companies
in the Credit Services industry
Industry Median: 2.565 vs BOM:540181: -81.84

Salem Erode Investments 3-Year ROIIC % Historical Data

The historical data trend for Salem Erode Investments'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.

Salem Erode Investments 3-Year ROIIC % Chart

Salem Erode Investments 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 -26.02 7.01 2.35 22.75 -81.84

Salem Erode Investments Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - -81.84 - - -

Competitive Comparison of Salem Erode Investments's 3-Year ROIIC %

For the Credit Services subindustry, Salem Erode Investments'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.


Salem Erode Investments's 3-Year ROIIC % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Salem Erode Investments's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Salem Erode Investments's 3-Year ROIIC % falls into.


;
;

Salem Erode Investments 3-Year ROIIC % Calculation

Salem Erode Investments'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**
=( -16.6858274 (Mar. 2024) - 13.6118439 (Mar. 2021) )/( 300.765 (Mar. 2024) - 263.746 (Mar. 2021) )
=-30.2976713/37.019
=-81.84%***

* 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.


Salem Erode Investments  (BOM:540181) 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.


Salem Erode Investments 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Salem Erode Investments's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Salem Erode Investments Business Description

Traded in Other Exchanges
N/A
Address
Irinjalakuda Main Road, V. K. K. Building, Thrissur, KL, IND, 680121
Salem Erode Investments Ltd is engaged in the lending and investment business in India. It is a finance company that helps to secure the future financially and helps in the financial crisis. The company invests in listed and unlisted equity shares, debt instruments of companies in a wide range of industries, and mutual funds. It also lends money with or without security. The company generates revenue from interest income and dividends.

Salem Erode Investments Headlines

No Headlines