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YIT Oyj (FRA:YIT) 3-Year ROIIC % : 12.86% (As of Dec. 2023)


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What is YIT Oyj 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. YIT Oyj's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 12.86%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

FRA:YIT's 3-Year ROIIC % is ranked better than
66.77% of 1646 companies
in the Construction industry
Industry Median: 3.62 vs FRA:YIT: 12.86

YIT Oyj 3-Year ROIIC % Historical Data

The historical data trend for YIT Oyj'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.

YIT Oyj 3-Year ROIIC % Chart

YIT Oyj 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 -2.01 -3.49 6.37 -8.50 12.86

YIT Oyj 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 - 12.86 - - -

Competitive Comparison of YIT Oyj's 3-Year ROIIC %

For the Engineering & Construction subindustry, YIT Oyj'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.


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

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

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



YIT Oyj 3-Year ROIIC % Calculation

YIT Oyj'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**
=( 7.2 (Dec. 2023) - 18 (Dec. 2020) )/( 2468 (Dec. 2023) - 2552 (Dec. 2020) )
=-10.8/-84
=12.86%***

* 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.


YIT Oyj  (FRA:YIT) 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.


YIT Oyj 3-Year ROIIC % Related Terms

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YIT Oyj Business Description

Traded in Other Exchanges
Address
Panuntie 11, P.O. Box 36, Helsinki, FIN, 00620
YIT Oyj is a Finnish construction service provider. YIT develops and builds apartments and living services, business premises and entire areas. The company has three reportable segments: 1) the Housing segment which comprises the development and construction of apartments, entire residential areas and leisure-time residences; 2) the Business Premises segment engages in contracting in business premises construction as well as residential construction. 3) The infrastructure segment includes railway and traffic route construction and maintenance, green construction, bridge building and repairing, foundation construction and other earthworks, shoreline and waterworks construction, etc.

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