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Aftab Automobiles (DHA:AFTABAUTO) 3-Year ROIIC % : -3.15% (As of Jun. 2024)


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What is Aftab Automobiles 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. Aftab Automobiles's 3-Year ROIIC % for the quarter that ended in Jun. 2024 was -3.15%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

DHA:AFTABAUTO's 3-Year ROIIC % is ranked worse than
65.86% of 1274 companies
in the Vehicles & Parts industry
Industry Median: 5.425 vs DHA:AFTABAUTO: -3.15

Aftab Automobiles 3-Year ROIIC % Historical Data

The historical data trend for Aftab Automobiles'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.

Aftab Automobiles 3-Year ROIIC % Chart

Aftab Automobiles Annual Data
Trend Aug14 Aug15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.28 -3.83 -6.85 -4.67 -3.15

Aftab Automobiles Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - -3.15 - -

Competitive Comparison of Aftab Automobiles's 3-Year ROIIC %

For the Auto Manufacturers subindustry, Aftab Automobiles'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.


Aftab Automobiles's 3-Year ROIIC % Distribution in the Vehicles & Parts Industry

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

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



Aftab Automobiles 3-Year ROIIC % Calculation

Aftab Automobiles's 3-Year ROIIC % for the quarter that ended in Jun. 2024 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 12.3048576 (Jun. 2024) - 160.4442825 (Jun. 2021) )/( 25759.982 (Jun. 2024) - 21061.999 (Jun. 2021) )
=-148.1394249/4697.983
=-3.15%***

* 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.


Aftab Automobiles  (DHA:AFTABAUTO) 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.


Aftab Automobiles 3-Year ROIIC % Related Terms

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Aftab Automobiles Business Description

Traded in Other Exchanges
N/A
Address
205-207, Tejgaon I/A, Dhaka, BGD
Aftab Automobiles Ltd is an assembler-cum-manufacturer of Toyota and Hino vehicles. The company is mainly a vehicle assembler and bus-body fabricator. The principal activities of the company were assembling Toyota Land Cruiser soft top/pick up, Land Cruiser Prado, Hino Bus, and Hino Mini Bus/Truck with a yearly production capacity of two thousand four hundred units of vehicles in three shifts. The company produces and markets batteries through its subsidiary. The company operates in three reportable segments assembling unit, motorcycle unit, and body unit. the company operates its's business in Bangladesh.

Aftab Automobiles Headlines

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