GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tata Motors Ltd (BUE:TTM) » Definitions » 3-Year ROIIC %

Tata Motors (BUE:TTM) 3-Year ROIIC % : -15,479.07% (As of Mar. 2023)


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

What is Tata Motors 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. Tata Motors's 3-Year ROIIC % for the quarter that ended in Mar. 2023 was -15,479.07%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BUE:TTM's 3-Year ROIIC % is ranked worse than
99.92% of 1255 companies
in the Vehicles & Parts industry
Industry Median: 5.68 vs BUE:TTM: -15479.07

Tata Motors 3-Year ROIIC % Historical Data

The historical data trend for Tata Motors'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.

Tata Motors 3-Year ROIIC % Chart

Tata Motors Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -42.46 -27.91 -24.79 1,378.68 -15,479.07

Tata Motors Quarterly Data
Mar13 Dec13 Mar14 Dec14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - -15,479.07 - - -

Competitive Comparison of Tata Motors's 3-Year ROIIC %

For the Auto Manufacturers subindustry, Tata Motors'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.


Tata Motors's 3-Year ROIIC % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tata Motors's 3-Year ROIIC % distribution charts can be found below:

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



Tata Motors 3-Year ROIIC % Calculation

Tata Motors'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**
=( 4412780.0748512 (Mar. 2023) - -173290.237812 (Mar. 2020) )/( 6089664.316 (Mar. 2023) - 2122445.309 (Mar. 2020) )
=4586070.3126632/3967219.007
=115.60%***

* 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.


Tata Motors  (BUE:TTM) 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.


Tata Motors 3-Year ROIIC % Related Terms

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


Tata Motors (BUE:TTM) Business Description

Address
24, Homi Mody Street, Bombay House, Mumbai, MH, IND, 400 001
Tata Motors Ltd is an automobile manufacturer company. The company's segment includes Automotive and others. The Automotive segment consists of four reportable sub-segments: Tata Commercial Vehicles, Tata Passenger Vehicles, Jaguar Land Rover, and Vehicle Financing. Others consist of IT services and Insurance Broking services. Geographically, it derives a majority of its revenue from India.

Tata Motors (BUE:TTM) Headlines

From GuruFocus

Tata Motors Trys To Move Out Of Losses

By reports.droy reports.droy 02-13-2015

Eliminating "A" Discrepancy In The Tata Motors Share Price - Knight Assets

By Canadian Value Canadian Value 06-11-2015

Tata Motors – License to Dive - TTM

By Dr. Paul Price Dr. Paul Price 11-23-2009

Aston Martin On An Expansion Mode

By reports.droy reports.droy 12-15-2014

Revisiting Tata Motors

By Jonathan Poland Jonathan Poland 10-16-2018

2 Stocks to Sell

By Alberto Abaterusso Alberto Abaterusso 10-27-2019

Jaguar To Feature In Next 007 Bond Movie

By reports.droy reports.droy 02-22-2015

Ken Heebner Purchases Stake in Tata Motors

By Kyle Ferguson Kyle Ferguson 08-15-2016