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Destination Italia SpA (MIL:DIT) 3-Year ROIIC % : 18.14% (As of Dec. 2023)


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What is Destination Italia 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. Destination Italia SpA's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 18.14%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

MIL:DIT's 3-Year ROIIC % is ranked better than
60.52% of 803 companies
in the Travel & Leisure industry
Industry Median: 5.19 vs MIL:DIT: 18.14

Destination Italia SpA 3-Year ROIIC % Historical Data

The historical data trend for Destination Italia 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.

Destination Italia SpA 3-Year ROIIC % Chart

Destination Italia SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
- - - 41.59 18.14

Destination Italia SpA Semi-Annual Data
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 - 41.59 - 18.14 -

Competitive Comparison of Destination Italia SpA's 3-Year ROIIC %

For the Travel Services subindustry, Destination Italia 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.


Destination Italia SpA's 3-Year ROIIC % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Destination Italia SpA's 3-Year ROIIC % distribution charts can be found below:

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



Destination Italia SpA 3-Year ROIIC % Calculation

Destination Italia 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**
=( -1.4497728 (Dec. 2023) - -3.658614 (Dec. 2020) )/( 19.83 (Dec. 2023) - 7.654 (Dec. 2020) )
=2.2088412/12.176
=18.14%***

* 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.


Destination Italia SpA  (MIL:DIT) 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.


Destination Italia SpA 3-Year ROIIC % Related Terms

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Destination Italia SpA Business Description

Traded in Other Exchanges
N/A
Address
Via del Don, 3, Milan, ITA, 20123
Destination Italia SpA is an Italian company serving the travel needs of people. It helps travelers make their trip to Italy unforgettable, offering unique itineraries and experiences in every corner of the beautiful country, from big cities to villages, from food and wine tourism to cultural holidays.