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Avenue Supermarts (NSE:DMART) 3-Year ROIIC % : 22.60% (As of Mar. 2024)


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What is Avenue Supermarts 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. Avenue Supermarts's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was 22.60%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NSE:DMART's 3-Year ROIIC % is ranked better than
70.82% of 305 companies
in the Retail - Defensive industry
Industry Median: 5.37 vs NSE:DMART: 22.60

Avenue Supermarts 3-Year ROIIC % Historical Data

The historical data trend for Avenue Supermarts'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.

Avenue Supermarts 3-Year ROIIC % Chart

Avenue Supermarts Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.69 3.20 6.89 26.10 22.60

Avenue Supermarts Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - 22.60 - -

Competitive Comparison of Avenue Supermarts's 3-Year ROIIC %

For the Discount Stores subindustry, Avenue Supermarts'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.


Avenue Supermarts's 3-Year ROIIC % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Avenue Supermarts's 3-Year ROIIC % distribution charts can be found below:

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



Avenue Supermarts 3-Year ROIIC % Calculation

Avenue Supermarts'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**
=( 24724.37088 (Mar. 2024) - 9861.59537 (Mar. 2021) )/( 178445.5 (Mar. 2024) - 112693.7 (Mar. 2021) )
=14862.77551/65751.8
=22.60%***

* 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.


Avenue Supermarts  (NSE:DMART) 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.


Avenue Supermarts 3-Year ROIIC % Related Terms

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Avenue Supermarts Business Description

Traded in Other Exchanges
Address
Road No. 33, Kamgar Hospital Road, Plot No. B-72 and B-72A, Wagle Industrial Estate, Thane, MH, IND, 400604
Avenue Supermarts Ltd is an India-based company engaged in the business of organized retail and operates supermarkets under the brand name of D-Mart. It provides products under the categories of Foods, Non-Foods (FMCG) and General Merchandise and Apparel. Foods category includes products such as dairy, staples, groceries, snacks, frozen products, processed foods, beverages and confectionary and fruits and vegetables. Non-Foods (FMCG) comprises home care products, personal care products, toiletries and other over-the-counter products. General Merchandise and Apparel include bed and bath, toys and games, crockery, plastic goods, garments, footwear, utensils and home appliances. The business operations of the company are principally carried out in India.

Avenue Supermarts Headlines

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