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Green Oleo SpA (MIL:GRN) 3-Year ROIIC % : 0.00% (As of Dec. 2023)


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What is Green Oleo 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. Green Oleo SpA does not have enough data to calculate 3-Year ROIIC %.


Green Oleo SpA 3-Year ROIIC % Historical Data

The historical data trend for Green Oleo 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.

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Green Oleo SpA 3-Year ROIIC % Chart

Green Oleo SpA Annual Data
Trend Dec21 Dec22 Dec23
3-Year ROIIC %
- - -

Green Oleo SpA Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24
3-Year ROIIC % - - - - -

Competitive Comparison of Green Oleo SpA's 3-Year ROIIC %

For the Chemicals subindustry, Green Oleo 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.


Green Oleo SpA's 3-Year ROIIC % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Green Oleo SpA's 3-Year ROIIC % distribution charts can be found below:

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



Green Oleo SpA 3-Year ROIIC % Calculation

Green Oleo 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**
=( -0.3130875 (Dec. 2023) - (Dec. 2020) )/( 36.5 (Dec. 2023) - (Dec. 2020) )
=/
=N/A%***

* 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.


Green Oleo SpA  (MIL:GRN) 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.


Green Oleo SpA 3-Year ROIIC % Related Terms

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Green Oleo SpA Business Description

Traded in Other Exchanges
N/A
Address
Via Bergamo, 66, Cremona, ITA, 26100
Green Oleo SpA is one of the leading European producers of fine oleochemicals from renewable sources. It offers a wide range of fatty acids and glycerine. The main families of oleochemical products treated by GREEN OLEO are acids distilled fats with different matrices depending on the starting fat, stearic acids (stearines), oleic acid, glycerine, fatty acid derivatives (e.g. soaps), and esters.

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