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Atam Valves (NSE:ATAM) 3-Year ROIIC % : 27.29% (As of Mar. 2024)


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What is Atam Valves 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. Atam Valves's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was 27.29%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NSE:ATAM's 3-Year ROIIC % is ranked better than
78.04% of 2923 companies
in the Industrial Products industry
Industry Median: 5.73 vs NSE:ATAM: 27.29

Atam Valves 3-Year ROIIC % Historical Data

The historical data trend for Atam Valves'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.

Atam Valves 3-Year ROIIC % Chart

Atam Valves Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year ROIIC %
Get a 7-Day Free Trial - 1.74 14.94 40.23 27.29

Atam Valves Quarterly Data
Mar18 Mar19 Mar20 Sep20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24
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 - - 27.29 - -

Competitive Comparison of Atam Valves's 3-Year ROIIC %

For the Specialty Industrial Machinery subindustry, Atam Valves'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.


Atam Valves's 3-Year ROIIC % Distribution in the Industrial Products Industry

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

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



Atam Valves 3-Year ROIIC % Calculation

Atam Valves's 3-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 66.4332084 (Mar. 2024) - 12.5251002 (Mar. 2021) )/( 349.126 (Mar. 2024) - 151.604 (Mar. 2021) )
=53.9081082/197.522
=27.29%***

* 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.


Atam Valves  (NSE:ATAM) 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.


Atam Valves 3-Year ROIIC % Related Terms

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Atam Valves Business Description

Traded in Other Exchanges
Address
1051, Industrial Area, Jalandhar, PB, IND, 144004
Atam Valves Ltd is engaged in the business of manufacturing bronze, cast iron, cast steel, carbon steel, stainless steel, forged steel as well as gun metal industrial valves of various types and sizes ranging from 8 mm up to 350 mm. It manufactures boiler mountings and supplies various types of valves and fittings, steam traps, and strainers. The company's products range includes Air Valves; Ball Valves; Butterfly Valves; Check Valves; Cocks; Foot Valves; Gate Valves; Globe Valves; Injectors; Moisture Separators; Needle Valves; Non Return Valves; Parallel Slide Blow Off Valves; Plug Valves; Pressure Reducing Valves; Safety Valves; Sight Indicators; Steam Stop Valves; Steam Traps; Strainers; Water Level Gauges; and Wheel Valves.

Atam Valves Headlines

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