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Vasa Denticity (NSE:DENTALKART) 3-Year ROIIC % : 31.95% (As of Mar. 2024)


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What is Vasa Denticity 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. Vasa Denticity's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was 31.95%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NSE:DENTALKART's 3-Year ROIIC % is ranked better than
87.74% of 106 companies
in the Medical Distribution industry
Industry Median: 2.085 vs NSE:DENTALKART: 31.95

Vasa Denticity 3-Year ROIIC % Historical Data

The historical data trend for Vasa Denticity'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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Vasa Denticity 3-Year ROIIC % Chart

Vasa Denticity Annual Data
Trend Mar20 Mar21 Mar22 Mar24
3-Year ROIIC %
- - - 31.95

Vasa Denticity Semi-Annual Data
Mar20 Mar21 Mar22 Sep23 Mar24 Sep24
3-Year ROIIC % Get a 7-Day Free Trial - - - 31.95 -

Competitive Comparison of Vasa Denticity's 3-Year ROIIC %

For the Medical Distribution subindustry, Vasa Denticity'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.


Vasa Denticity's 3-Year ROIIC % Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Vasa Denticity's 3-Year ROIIC % distribution charts can be found below:

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



Vasa Denticity 3-Year ROIIC % Calculation

Vasa Denticity'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**
=( 140.3679613 (Mar. 2024) - 2.9472795 (Mar. 2021) )/( 463.13 (Mar. 2024) - 32.959 (Mar. 2021) )
=137.4206818/430.171
=31.95%***

* 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.


Vasa Denticity  (NSE:DENTALKART) 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.


Vasa Denticity 3-Year ROIIC % Related Terms

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Vasa Denticity Business Description

Traded in Other Exchanges
N/A
Address
Village, P.O. Chattarpur, Khasra No. 714, South Delhi, New Delhi, IND, 110074
Vasa Denticity Ltd is engaged in marketing and distributing a comprehensive portfolio of dental products including consumables, instruments, equipment, and accessories for diagnosing, treating, and preventing dental conditions as well as improving the aesthetics of the human smile through the online portal Dentalkart.com. The company's products include instruments, disinfectant tools, sterilizing equipment, impression materials, temporary materials for tooth filling, and others.

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