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Nippon Carbon Co (Nippon Carbon Co) 3-Year ROIIC % : 46.68% (As of Dec. 2023)


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What is Nippon Carbon Co 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. Nippon Carbon Co's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 46.68%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NCRBF's 3-Year ROIIC % is ranked better than
88.15% of 1528 companies
in the Chemicals industry
Industry Median: 2.625 vs NCRBF: 46.68

Nippon Carbon Co 3-Year ROIIC % Historical Data

The historical data trend for Nippon Carbon Co'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.

Nippon Carbon Co 3-Year ROIIC % Chart

Nippon Carbon Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 91.11 -6.75 -106.09 228.18 46.68

Nippon Carbon Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 228.18 - - - 46.68

Competitive Comparison of Nippon Carbon Co's 3-Year ROIIC %

For the Specialty Chemicals subindustry, Nippon Carbon Co'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.


Nippon Carbon Co's 3-Year ROIIC % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nippon Carbon Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Nippon Carbon Co's 3-Year ROIIC % falls into.



Nippon Carbon Co 3-Year ROIIC % Calculation

Nippon Carbon Co'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**
=( 31.0572518 (Dec. 2023) - 20.3224658 (Dec. 2020) )/( 400.072 (Dec. 2023) - 506.218 (Dec. 2020) )
=10.734786/-106.146
=-10.11%***

* 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.


Nippon Carbon Co  (OTCPK:NCRBF) 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.


Nippon Carbon Co 3-Year ROIIC % Related Terms

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Nippon Carbon Co (Nippon Carbon Co) Business Description

Traded in Other Exchanges
Address
6-1, Hacchobori 2-chome, Chuo ku, Tokyo, JPN, 104-0032
Nippon Carbon Co Ltd engages in the manufacture and sale of carbon products. It provides products in following categories: Carbon Products, Silicon carbide products, and Others. The Carbon Products include artificial graphite electrode, impervious graphite products, isotropic high purity graphite products, a machine for graphite products, general purpose carbon fibers, and graphite fibers, containing resin graphite fibers made of packing, flexible graphite sealing material, and node material for lithium ion battery. Silicon carbide products are involved in the development and sale of ceramic matrix composite. Other category deals with manufacturing industrial machinery, mechanical repair, building and parking leasing.

Nippon Carbon Co (Nippon Carbon Co) Headlines

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