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Wherrelz IT Solutions (BOM:543436) 3-Year ROIIC % : -0.08% (As of Mar. 2024)


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What is Wherrelz IT Solutions 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. Wherrelz IT Solutions's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was -0.08%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BOM:543436's 3-Year ROIIC % is ranked worse than
55.06% of 2590 companies
in the Software industry
Industry Median: 3.135 vs BOM:543436: -0.08

Wherrelz IT Solutions 3-Year ROIIC % Historical Data

The historical data trend for Wherrelz IT Solutions'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.

Wherrelz IT Solutions 3-Year ROIIC % Chart

Wherrelz IT Solutions Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year ROIIC %
Get a 7-Day Free Trial - - -545.31 -39.53 -0.08

Wherrelz IT Solutions Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only - -39.53 - -0.08 -

Competitive Comparison of Wherrelz IT Solutions's 3-Year ROIIC %

For the Information Technology Services subindustry, Wherrelz IT Solutions'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.


Wherrelz IT Solutions's 3-Year ROIIC % Distribution in the Software Industry

For the Software industry and Technology sector, Wherrelz IT Solutions's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Wherrelz IT Solutions's 3-Year ROIIC % falls into.



Wherrelz IT Solutions 3-Year ROIIC % Calculation

Wherrelz IT Solutions'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**
=( -0.1673136 (Mar. 2024) - 0.1409712 (Mar. 2021) )/( 394.893 (Mar. 2024) - 0.257 (Mar. 2021) )
=-0.3082848/394.636
=-0.08%***

* 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.


Wherrelz IT Solutions  (BOM:543436) 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.


Wherrelz IT Solutions 3-Year ROIIC % Related Terms

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Wherrelz IT Solutions Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 15, Road 10, Sector 1, New Panvel East, Raigarh, MH, IND, 410 206
Wherrelz IT Solutions Ltd is engaged in the business of web-centric, multi-spectrum IT Product development and maintenance and provision of IT Consultancy. The company provides a wide range of services such as Enterprise Risk Management, Enterprise Resource Planning, E-Commerce, Application programming interface, Cyber Security, Internet of Things, cloud-based tools and others through standard software development model or customized software development model depending upon the requirement of the clients.

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