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Ethos (NSE:ETHOSLTD) 3-Year ROIIC % : 17.93% (As of Mar. 2024)


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What is Ethos 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. Ethos's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was 17.93%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NSE:ETHOSLTD's 3-Year ROIIC % is ranked better than
68.19% of 1072 companies
in the Retail - Cyclical industry
Industry Median: 2.53 vs NSE:ETHOSLTD: 17.93

Ethos 3-Year ROIIC % Historical Data

The historical data trend for Ethos'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.

Ethos 3-Year ROIIC % Chart

Ethos Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year ROIIC %
Get a 7-Day Free Trial - - 13.25 38.79 17.93

Ethos Quarterly Data
Mar19 Mar20 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 - - 17.93 - -

Competitive Comparison of Ethos's 3-Year ROIIC %

For the Luxury Goods subindustry, Ethos'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.


Ethos's 3-Year ROIIC % Distribution in the Retail - Cyclical Industry

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

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



Ethos 3-Year ROIIC % Calculation

Ethos'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**
=( 839.4481781 (Mar. 2024) - 81.4214092 (Mar. 2021) )/( 7147.786 (Mar. 2024) - 2921.027 (Mar. 2021) )
=758.0267689/4226.759
=17.93%***

* 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.


Ethos  (NSE:ETHOSLTD) 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.


Ethos 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Ethos's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Ethos Business Description

Traded in Other Exchanges
Address
MG Road, Virendra Gram, First Floor, Global Gateway Towers A, Guru Dronacharya Metro Station, Gurugram, HR, IND, 122 002
Ethos Ltd is a luxury and premium watch retailer. The company's portfolio of premium and luxury watches includes brands like Omega, IWC Schaffhausen, Jaeger LeCoultre, Panerai, Bvlgari, H. Moser & Cie, Rado, Longines, Baume & Mercier, Oris SA, Corum, Carl F. Bucherer, Tissot, Raymond Weil, Louis Moinet, Balmain, and many more. The company also offers an omnichannel experience through its website and social media platforms.

Ethos Headlines

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