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Norcros (CHIX:NXRL) 3-Year ROIIC % : 11.08% (As of Mar. 2024)


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What is Norcros 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. Norcros's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was 11.08%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

CHIX:NXRl's 3-Year ROIIC % is ranked better than
64.82% of 1646 companies
in the Construction industry
Industry Median: 3.62 vs CHIX:NXRl: 11.08

Norcros 3-Year ROIIC % Historical Data

The historical data trend for Norcros'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.

Norcros 3-Year ROIIC % Chart

Norcros Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.86 -34.62 24.38 7.83 11.08

Norcros Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - 7.83 - 11.08 -

Competitive Comparison of Norcros's 3-Year ROIIC %

For the Building Products & Equipment subindustry, Norcros'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.


Norcros's 3-Year ROIIC % Distribution in the Construction Industry

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

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



Norcros 3-Year ROIIC % Calculation

Norcros'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**
=( 32.80179 (Mar. 2024) - 20.18892 (Mar. 2021) )/( 337.7 (Mar. 2024) - 223.9 (Mar. 2021) )
=12.61287/113.8
=11.08%***

* 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.


Norcros  (CHIX:NXRl) 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.


Norcros 3-Year ROIIC % Related Terms

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Norcros Business Description

Traded in Other Exchanges
Address
Station Road, Ladyfield House, Wilmslow, Cheshire, GBR, SK9 1BU
Norcros PLC manufactures and markets showers, taps, bathroom accessories, tiles, and adhesives. The company has complementary UK businesses: Triton Showers, Merlyn, Vado, Croydex, Abode, Johnson Tiles, and Norcros Adhesives both for domestic and commercial applications, and three complementary businesses in South Africa: Johnson Tiles South Africa, TAL, and Tile Africa. The Group operates in two main geographical areas: the UK and Ireland and South Africa. The maximum revenue is generated from its business in the United Kingdom.

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