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Comal SpA (MIL:CML) 3-Year ROIIC % : 3.28% (As of Dec. 2023)


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What is Comal SpA 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. Comal SpA's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 3.28%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

MIL:CML's 3-Year ROIIC % is ranked worse than
55.62% of 2918 companies
in the Industrial Products industry
Industry Median: 5.895 vs MIL:CML: 3.28

Comal SpA 3-Year ROIIC % Historical Data

The historical data trend for Comal SpA'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.

Comal SpA 3-Year ROIIC % Chart

Comal SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial - - 7.07 6.18 3.28

Comal SpA Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 6.18 - 3.28 -

Competitive Comparison of Comal SpA's 3-Year ROIIC %

For the Specialty Industrial Machinery subindustry, Comal SpA'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.


Comal SpA's 3-Year ROIIC % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Comal SpA's 3-Year ROIIC % distribution charts can be found below:

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



Comal SpA 3-Year ROIIC % Calculation

Comal SpA'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**
=( 5.7640744 (Dec. 2023) - 1.472028 (Dec. 2020) )/( 150.519 (Dec. 2023) - 19.742 (Dec. 2020) )
=4.2920464/130.777
=3.28%***

* 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.


Comal SpA  (MIL:CML) 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.


Comal SpA 3-Year ROIIC % Related Terms

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Comal SpA Business Description

Traded in Other Exchanges
N/A
Address
Via Piemonte, 15/17/19, Cologno al Serio, ITA
Comal SpA provides energy-related products and services. It performs maintenance of equipment and machinery in operating plants for the production of energy from thermal sources. It is also involved in the business of green energy. Some of its products include Sun Hunter Tracker and Shelter.

Comal SpA Headlines

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