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Mish Designs (BOM:544015) 3-Year ROIIC % : 9.62% (As of Mar. 2024)


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What is Mish Designs 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. Mish Designs's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was 9.62%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BOM:544015's 3-Year ROIIC % is ranked better than
60.19% of 1035 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.97 vs BOM:544015: 9.62

Mish Designs 3-Year ROIIC % Historical Data

The historical data trend for Mish Designs'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.

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Mish Designs 3-Year ROIIC % Chart

Mish Designs Annual Data
Trend Mar21 Mar22 Mar23 Mar24
3-Year ROIIC %
- - - 9.62

Mish Designs Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
3-Year ROIIC % Get a 7-Day Free Trial - - - 9.62 -

Competitive Comparison of Mish Designs's 3-Year ROIIC %

For the Apparel Manufacturing subindustry, Mish Designs'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.


Mish Designs's 3-Year ROIIC % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mish Designs's 3-Year ROIIC % distribution charts can be found below:

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


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Mish Designs 3-Year ROIIC % Calculation

Mish Designs'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**
=( 10.8927918 (Mar. 2024) - 0.0806796 (Mar. 2021) )/( 128.16 (Mar. 2024) - 15.793 (Mar. 2021) )
=10.8121122/112.367
=9.62%***

* 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.


Mish Designs  (BOM:544015) 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.


Mish Designs 3-Year ROIIC % Related Terms

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Mish Designs Business Description

Traded in Other Exchanges
N/A
Address
Hattibaug Love Lane, Gala No. 4, Gulati Industries, Mazgaon, Mumbai, MH, IND, 400010
Mish Designs Ltd is engaged in the process of fabrication of fabric into garments under the brand name MISH, CURVES BY MISH in India. It exports its product currently to the UAE under the brand name ZOEY. It offers a collection of over 1000 trending designs to cater to the diverse tastes of its customers. The company offers various products in the Women's wear segment such as Dresses, Gowns, Tops, Co-Ords, T-shirts, Trousers, and Palazzos.

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