GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Cube Highways Trust (BOM:543899) » Definitions » 3-Year ROIIC %

Cube Highways Trust (BOM:543899) 3-Year ROIIC % : -1.18% (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Cube Highways Trust 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. Cube Highways Trust's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was -1.18%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BOM:543899's 3-Year ROIIC % is ranked worse than
59.66% of 1661 companies
in the Construction industry
Industry Median: 3.43 vs BOM:543899: -1.18

Cube Highways Trust 3-Year ROIIC % Historical Data

The historical data trend for Cube Highways Trust'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.

Cube Highways Trust 3-Year ROIIC % Chart

Cube Highways Trust Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
3-Year ROIIC %
- - - - -1.18

Cube Highways Trust Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
3-Year ROIIC % Get a 7-Day Free Trial - - - -1.18 -

Competitive Comparison of Cube Highways Trust's 3-Year ROIIC %

For the Infrastructure Operations subindustry, Cube Highways Trust'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.


Cube Highways Trust's 3-Year ROIIC % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Cube Highways Trust's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Cube Highways Trust's 3-Year ROIIC % falls into.


;
;

Cube Highways Trust 3-Year ROIIC % Calculation

Cube Highways Trust'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**
=( 6281.050248 (Mar. 2024) - 7123.756065 (Mar. 2021) )/( 231522.35 (Mar. 2024) - 160342.25 (Mar. 2021) )
=-842.705817/71180.1
=-1.18%***

* 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.


Cube Highways Trust  (BOM:543899) 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.


Cube Highways Trust 3-Year ROIIC % Related Terms

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


Cube Highways Trust Business Description

Traded in Other Exchanges
Address
Unit No. 1901, Tower-B, World Trade Tower, Plot No. C-1, 19th Floor, Sector-16, Noida, UP, IND, 201301
Cube Highways Trust is an Indian infrastructure investment trust sponsored by Cube Highways and Infrastructure Pte. Ltd. and Cube Highways and Infrastructure III Pte. Ltd., established to acquire and operate road assets in India and registered under the InvIT Regulations. The Cube Group is implementing the public-private partnership (PPP) model in the country's highways sector to operate and manage highway projects in association with the central and state governments.

Cube Highways Trust Headlines

No Headlines