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Service Industries (KAR:SRVI) 3-Year ROIIC % : 13.40% (As of Dec. 2023)


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What is Service 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. Service Industries's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 13.40%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

KAR:SRVI's 3-Year ROIIC % is ranked better than
61.48% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 6.64 vs KAR:SRVI: 13.40

Service Industries 3-Year ROIIC % Historical Data

The historical data trend for Service 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.

* Premium members only.

Service Industries 3-Year ROIIC % Chart

Service Industries 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 5.38 10.09 3.93 891.25 13.40

Service Industries 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 - 13.40 - - -

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

For the Auto Parts subindustry, Service 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.


Service Industries's 3-Year ROIIC % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Service Industries's 3-Year ROIIC % distribution charts can be found below:

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



Service Industries 3-Year ROIIC % Calculation

Service Industries'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**
=( 9096.8588112 (Dec. 2023) - 1870.4564699 (Dec. 2020) )/( 77031.078 (Dec. 2023) - 23120.739 (Dec. 2020) )
=7226.4023413/53910.339
=13.40%***

* 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.


Service Industries  (KAR:SRVI) 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.


Service Industries 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Service Industries's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Service Industries Business Description

Traded in Other Exchanges
N/A
Address
Servis House, 2 Main Gulberg, Lahore, PAK, 54662
Service Industries Ltd manufactures and sells footwear, tyres, tubes, and technical rubber products. The company's reportable segments are Footwear which includes the purchase, manufacturing and sale of different qualities of footwear, Tyre which includes the manufacturing of different qualities of tyres and tubes, and Others which includes manufacturing of different qualities of rubber products on specifications and trading and manufacturing of spare parts of automobiles. The company generates a majority of its revenues from the Tyre division. Geographically, the company derives a majority of its revenue from Pakistan and the rest from Europe, Asia, North America, Australia and other regions.

Service Industries Headlines

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