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Goodwin (CHIX:GDWNL) 3-Year ROIIC % : 10.81% (As of Apr. 2024)


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What is Goodwin 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. Goodwin's 3-Year ROIIC % for the quarter that ended in Apr. 2024 was 10.81%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

CHIX:GDWNl's 3-Year ROIIC % is ranked better than
59.15% of 2918 companies
in the Industrial Products industry
Industry Median: 5.895 vs CHIX:GDWNl: 10.81

Goodwin 3-Year ROIIC % Historical Data

The historical data trend for Goodwin'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.

Goodwin 3-Year ROIIC % Chart

Goodwin Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.90 13.42 0.23 10.82 10.81

Goodwin Semi-Annual Data
Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
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 0.23 - 10.82 - 10.81

Competitive Comparison of Goodwin's 3-Year ROIIC %

For the Specialty Industrial Machinery subindustry, Goodwin'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.


Goodwin's 3-Year ROIIC % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Goodwin's 3-Year ROIIC % distribution charts can be found below:

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



Goodwin 3-Year ROIIC % Calculation

Goodwin's 3-Year ROIIC % for the quarter that ended in Apr. 2024 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 19.6844505 (Apr. 2024) - 12.8622956 (Apr. 2021) )/( 227.724 (Apr. 2024) - 164.609 (Apr. 2021) )
=6.8221549/63.115
=10.81%***

* 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.


Goodwin  (CHIX:GDWNl) 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.


Goodwin 3-Year ROIIC % Related Terms

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Goodwin Business Description

Traded in Other Exchanges
Address
Ivy House Foundry, Hanley, Stoke-on-Trent, Staffordshire, GBR, ST1 3NR
Goodwin PLC is a mechanical component manufacturing company. Its operating segments are the Mechanical Engineering segment which includes casting, valve, antenna, and pump manufacturer and general engineering, and the Refractory Engineering segment which consists of powder manufacture and mineral processing. The company generates the majority of its revenue from the Mechanical Engineering segment. Geographically, the company generates maximum revenue from the United Kingdom and also has its presence in Europe, the United States of America, Pacific Basin, and the rest of the world.

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