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.
Shoprite Holdings's 3-Year ROIIC % for the quarter that ended in Jun. 2024 was 9.97%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Shoprite Holdings's 3-Year ROIIC % or its related term are showing as below:
LUS:SHOPRITE's 3-Year ROIIC % is ranked better than 59.89% of 1072
companies
in the Retail - Cyclical industry
Industry Median: 2.53
vs LUS:SHOPRITE: 9.97
Shoprite Holdings 3-Year ROIIC % Historical Data
The historical data trend for Shoprite 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.
Competitive Comparison of Shoprite Holdings's 3-Year ROIIC %
For the Department Stores subindustry, Shoprite 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.
Shoprite Holdings's 3-Year ROIIC % Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Shoprite Holdings's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Shoprite Holdings's 3-Year ROIIC % falls into.
Shoprite Holdings 3-Year ROIIC % Calculation
Shoprite Holdings's 3-Year ROIIC % for the quarter that ended in Jun. 2024 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
* 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.
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.
Shoprite Holdings 3-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Shoprite Holdings's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Shoprite Holdings Ltd is part of The Shoprite Group of Companies, an African food retailer, which operates in countries across Africa and the Indian Ocean Islands. The primary business is food retailing. Besides food retailing, the company is operating in furniture, house products, fast foods, pharmacies, and liquor business segments. The company is targeting consumers at all income levels. The Checkers, Checkers Hyper, and House & Home stores address higher-income groups, while Shoprite Usave focuses on the lower end of the market. Shoprite and OK Furniture offer products for the middle- to lower-income market. The company's reportable segment includes, Supermarkets RSA, Supermarkets Non-RSA, Furniture and Other operating segment.
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