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Akme Fintrade (India) (BOM:544200) 3-Year ROIIC % : 0.49% (As of Mar. 2023)


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What is Akme Fintrade (India) 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. Akme Fintrade (India)'s 3-Year ROIIC % for the quarter that ended in Mar. 2023 was 0.49%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Akme Fintrade (India)'s 3-Year ROIIC % or its related term are showing as below:

BOM:544200's 3-Year ROIIC % is ranked worse than
61.95% of 389 companies
in the Credit Services industry
Industry Median: 2.61 vs BOM:544200: 0.49

Akme Fintrade (India) 3-Year ROIIC % Historical Data

The historical data trend for Akme Fintrade (India)'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.

Akme Fintrade (India) 3-Year ROIIC % Chart

Akme Fintrade (India) Annual Data
Trend Mar20 Mar21 Mar22 Mar23
3-Year ROIIC %
- - - 0.49

Akme Fintrade (India) Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Sep24
3-Year ROIIC % Get a 7-Day Free Trial - - 0.49 - -

Competitive Comparison of Akme Fintrade (India)'s 3-Year ROIIC %

For the Credit Services subindustry, Akme Fintrade (India)'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.


Akme Fintrade (India)'s 3-Year ROIIC % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Akme Fintrade (India)'s 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Akme Fintrade (India)'s 3-Year ROIIC % falls into.



Akme Fintrade (India) 3-Year ROIIC % Calculation

Akme Fintrade (India)'s 3-Year ROIIC % for the quarter that ended in Mar. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 192.8623248 (Mar. 2023) - 200.5989769 (Mar. 2020) )/( 3710.298 (Mar. 2023) - 5298.443 (Mar. 2020) )
=-7.7366521/-1588.145
=0.49%***

* 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.


Akme Fintrade (India)  (BOM:544200) 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.


Akme Fintrade (India) 3-Year ROIIC % Related Terms

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Akme Fintrade (India) Business Description

Comparable Companies
Traded in Other Exchanges
Address
608, The Summit - Business Bay, behind Guru Nank Petrol Pump, Opposite Cinemax, Prakashwadi Andheri East, Mumbai, MH, IND, 400069
Website
Akme Fintrade (India) Ltd is a non-banking finance company. It is engaged in rural and semi-urban centric lending solutions to look after the needs and aspirations of rural and semi-urban populace. The company's portfolio includes Vehicle Finance and Business Finance Products to small business owners and has footprints in rural and semi-urban geographies in 4 Indian states Rajasthan, Maharashtra, Madhya Pradesh and Gujarat.

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