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Element Solutions (FRA:PLQ) 3-Year ROIIC % : 1.81% (As of Dec. 2023)


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What is Element Solutions 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. Element Solutions's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 1.81%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

FRA:PLQ's 3-Year ROIIC % is ranked worse than
50.46% of 1516 companies
in the Chemicals industry
Industry Median: 1.945 vs FRA:PLQ: 1.81

Element Solutions 3-Year ROIIC % Historical Data

The historical data trend for Element Solutions'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.

Element Solutions 3-Year ROIIC % Chart

Element Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.59 -1.27 2.65 19.02 1.81

Element Solutions 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 - 1.81 - - -

Competitive Comparison of Element Solutions's 3-Year ROIIC %

For the Specialty Chemicals subindustry, Element Solutions'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.


Element Solutions's 3-Year ROIIC % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Element Solutions's 3-Year ROIIC % distribution charts can be found below:

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



Element Solutions 3-Year ROIIC % Calculation

Element Solutions'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**
=( 209.1331143 (Dec. 2023) - 181.141213 (Dec. 2020) )/( 4041.036 (Dec. 2023) - 3271.971 (Dec. 2020) )
=27.9919013/769.065
=3.64%***

* 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.


Element Solutions  (FRA:PLQ) 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.


Element Solutions 3-Year ROIIC % Related Terms

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Element Solutions Business Description

Traded in Other Exchanges
Address
500 East Broward Boulevard, Suite 1860, Fort Lauderdale, FL, USA, 33394
Element Solutions Inc is a specialty chemicals company whose businesses supply a broad range of solutions that enhance the performance of products people use every day. The company has two segments which are Electronics and Industrial & Specialty. The Industrial & Specialty segment which generates majority of the revenue, includes chemical systems that protect and decorate metal and plastic surfaces; consumable chemicals that enable printing image transfer on flexible packaging materials; and chemistries used in water-based hydraulic control fluids in offshore energy production. Electronics segment researches, formulates and sells specialty chemicals and process technologies for all types of electronics hardware, from complex printed circuit board designs to semiconductor packaging.

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