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Teqnion AB (FRA:M45) 3-Year ROIIC % : 9.82% (As of Dec. 2023)


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What is Teqnion AB 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. Teqnion AB's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 9.82%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

FRA:M45's 3-Year ROIIC % is ranked better than
50.33% of 151 companies
in the Industrial Distribution industry
Industry Median: 9.69 vs FRA:M45: 9.82

Teqnion AB 3-Year ROIIC % Historical Data

The historical data trend for Teqnion AB'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.

Teqnion AB 3-Year ROIIC % Chart

Teqnion AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial - 11.40 13.63 19.65 9.82

Teqnion AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 - 9.82 - - -

Competitive Comparison of Teqnion AB's 3-Year ROIIC %

For the Industrial Distribution subindustry, Teqnion AB'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.


Teqnion AB's 3-Year ROIIC % Distribution in the Industrial Distribution Industry

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

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



Teqnion AB 3-Year ROIIC % Calculation

Teqnion AB's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 10.9599228 (Dec. 2023) - 4.4258924 (Dec. 2020) )/( 102.127 (Dec. 2023) - 34.624 (Dec. 2020) )
=6.5340304/67.503
=9.68%***

* 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.


Teqnion AB  (FRA:M45) 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.


Teqnion AB 3-Year ROIIC % Related Terms

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Teqnion AB Business Description

Traded in Other Exchanges
Address
Evenemangsgatan 31A, Solna, SWE, 169 79
Teqnion AB is an industrial group active in three business areas namely Industry, Growth and Niche. Through these, Teqnion offers leading products and specialist expertise in selected market niches. This includes components, machines, systems and services with high technology content. The company's business model is to grow both through organic growth in the subsidiaries and company acquisitions. Most of the group's sales are in the Nordic region with Sweden as the primary main market.

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