Hudaco Industries (JSE:HDC) 3-Year ROIIC % : 52.86% (As of Nov. 2023)

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What is Hudaco Industries 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. Hudaco Industries's 3-Year ROIIC % for the quarter that ended in Nov. 2023 was 52.86%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

JSE:HDC's 3-Year ROIIC % is ranked better than
86.52% of 141 companies
in the Industrial Distribution industry
Industry Median: 10.09 vs JSE:HDC: 52.86

Hudaco Industries 3-Year ROIIC % Historical Data

The historical data trend for Hudaco Industries'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.

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Hudaco Industries 3-Year ROIIC % Chart

Hudaco Industries Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

3-Year ROIIC %

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7.89

-138.62

58.99

30.78

52.86

Hudaco Industries Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
3-Year ROIIC %	Get a 7-Day Free Trial															58.99	-	30.78	-	52.86

Competitive Comparison of Hudaco Industries's 3-Year ROIIC %

For the Industrial Distribution subindustry, Hudaco Industries'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.

Hudaco Industries's 3-Year ROIIC % Distribution in the Industrial Distribution Industry

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

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

Hudaco Industries 3-Year ROIIC % Calculation

Hudaco Industries's 3-Year ROIIC % for the quarter that ended in Nov. 2023 is calculated as:

3-Year ROIIC %	=	3-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	3-Year Incremental Invested Capital^**
	=	( 783.334428 (Nov. 2023) - 29.4684863 (Nov. 2020) )	/	( 5218.653 (Nov. 2023) - 3792.423 (Nov. 2020) )
	=	753.8659417	/	1426.23
	=	52.86%^***

** 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.

Hudaco Industries (JSE:HDC) 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.

Hudaco Industries 3-Year ROIIC % Related Terms

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Hudaco Industries (JSE:HDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Hudaco Industries Ltd (JSE:HDC) » Definitions » 3-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Emerald Boulevard, Greenstone Hill, Building 9, 1st Floor, Greenstone Hill Office Park, Edenvale, GT, ZAF, 1609

Website

http://www.hudaco.co.za

Hudaco Industries Ltd is engaged in importing and distributing branded automotive, industrial and electrical consumable products. The company operates in two business segment such as Consumer-related product segment which includes power tools, security equipment, communication equipment, automotive and batteries, and Engineering consumables segment which consist of bearings, diesel engines and spares, and power transmission. It generates maximum revenue from Consumer-related product segment. Geographically, it derives a majority of revenue from South Africa.

Hudaco Industries (JSE:HDC) Headlines

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