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Zenova GroupLSE:ZED 3-Year ROIIC % is 48.69 as of Nov. 2024, which is at its 10-year median of 48.69. The stock has 4 warning signs investors should review.
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.
Zenova Group's 3-Year ROIIC % for the quarter that ended in Nov. 2024 was 48.69%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Zenova Group's 3-Year ROIIC % or its related term are showing as below:
LSE:ZED's 3-Year ROIIC % is not ranked
in the Chemicals industry.
Industry Median: -0.04
vs LSE:ZED: 48.69
Zenova Group (LSE:ZED) 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.
Zenova Group 3-Year ROIIC % Related Terms
Zenova Group 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Zenova Group'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.
LSE:ZED vs LIN, SHW, ECL: 3-Year ROIIC % Comparison
For the Specialty Chemicals subindustry, Zenova Group'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.
Zenova Group 3-Year ROIIC % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Zenova Group's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Zenova Group's 3-Year ROIIC % falls into.
Zenova Group's 3-Year ROIIC % for the quarter that ended in Nov. 2024 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -1.232055 (Nov. 2024) - -1.141 (Nov. 2021) )
/
( 2.412 (Nov. 2024) - 2.599 (Nov. 2021) )
=
-0.091055
/
-0.187
=
48.69%***
* 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.
Zenova Group (LSE:ZED) has a 3-Year ROIIC % of 48.69 as of Nov. 2024. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Zenova Group and its competitors. This is near median its historical median of 48.69. Over the past decade, Zenova Group's 3-Year ROIIC % has ranged from 48.69 to 48.69.
Is Zenova Group's 3-Year ROIIC % too high?
Zenova Group's current 3-Year ROIIC % of 48.69 is near median its 10-year median of 48.69. Over the past 10 years, this metric has ranged from a low of 48.69 to a high of 48.69.
How does Zenova Group's 3-Year ROIIC % compare to LIN and SHW?
Zenova Group's 3-Year ROIIC % of 48.69 can be compared against companies in the Chemicals industry. Historically, Zenova Group's own 3-Year ROIIC % has ranged from 48.69 to 48.69 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Chemicals company?
A good 3-Year ROIIC % depends on the Chemicals industry context. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Zenova Group and its competitors. Zenova Group's current 3-Year ROIIC % is 48.69, which is near median its own 10-year median of 48.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenova Group stock overvalued right now?
Zenova Group (LSE:ZED) has a current 3-Year ROIIC % of 48.69. The current 3-Year ROIIC % is 48.69, which is near median its 10-year median of 48.69. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Zenova Group (LSE:ZED), the current 3-Year ROIIC % is 48.69 as of Nov. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Zenova Group PLC is engaged in the development, manufacture, and sale of fire-retardant systems. It is the holder of intellectual property to underpin a suite of fire safety and temperature management products and technology applicable to industrial, commercial and residential markets. The company's product range includes fire protection paint, insulating paint and render and extinguishing fluid, and it has further products in varying stages of development and testing.
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