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REF Holdings (HKSE:01631) 3-Year ROIIC % : 62.89% (As of Dec. 2023)


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What is REF Holdings 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. REF Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 62.89%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

HKSE:01631's 3-Year ROIIC % is ranked better than
86.42% of 1009 companies
in the Business Services industry
Industry Median: 5.51 vs HKSE:01631: 62.89

REF Holdings 3-Year ROIIC % Historical Data

The historical data trend for REF Holdings'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.

REF Holdings 3-Year ROIIC % Chart

REF Holdings 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 -18.59 -154.46 -37.56 223.96 62.89

REF Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -37.56 - 223.96 - 62.89

Competitive Comparison of REF Holdings's 3-Year ROIIC %

For the Specialty Business Services subindustry, REF Holdings'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.


REF Holdings's 3-Year ROIIC % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, REF Holdings's 3-Year ROIIC % distribution charts can be found below:

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



REF Holdings 3-Year ROIIC % Calculation

REF Holdings'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**
=( 10.6925436 (Dec. 2023) - 22.7215076 (Dec. 2020) )/( 36.159 (Dec. 2023) - 55.287 (Dec. 2020) )
=-12.028964/-19.128
=62.89%***

* 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.


REF Holdings  (HKSE:01631) 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.


REF Holdings 3-Year ROIIC % Related Terms

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REF Holdings (HKSE:01631) Business Description

Traded in Other Exchanges
N/A
Address
The Center, 99 Queen’s Road Central, Units 5906–5912, 59th Floor, Hong Kong, HKG
REF Holdings Ltd provides financial printing which comprises cover printing of listing documents, financial reports, compliance documents, and other documents. The services portfolio of the company includes typesetting, proofreading, translation, design, printing, web submitting, and newspaper placement to distribution. In addition, it also provides conference room facilities. The majority of its revenue is earned through the Hong Kong market. It operates in one segment namely the provision of financial printing services.

REF Holdings (HKSE:01631) Headlines

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