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SpaceNet Enterprises India (NSE:SPCENET) 3-Year ROIIC % : 11.95% (As of Mar. 2024)


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What is SpaceNet Enterprises India 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. SpaceNet Enterprises India's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was 11.95%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NSE:SPCENET's 3-Year ROIIC % is ranked better than
68.4% of 652 companies
in the Capital Markets industry
Industry Median: 1.895 vs NSE:SPCENET: 11.95

SpaceNet Enterprises India 3-Year ROIIC % Historical Data

The historical data trend for SpaceNet Enterprises India'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.

SpaceNet Enterprises India 3-Year ROIIC % Chart

SpaceNet Enterprises India 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 17.17 -4.21 1.03 20.26 11.95

SpaceNet Enterprises India 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 - - 11.95 - -

Competitive Comparison of SpaceNet Enterprises India's 3-Year ROIIC %

For the Capital Markets subindustry, SpaceNet Enterprises India'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.


SpaceNet Enterprises India's 3-Year ROIIC % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SpaceNet Enterprises India's 3-Year ROIIC % distribution charts can be found below:

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



SpaceNet Enterprises India 3-Year ROIIC % Calculation

SpaceNet Enterprises India'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**
=( 104.75619 (Mar. 2024) - -6.9116157 (Mar. 2021) )/( 1071.245 (Mar. 2024) - 136.853 (Mar. 2021) )
=111.6678057/934.392
=11.95%***

* 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.


SpaceNet Enterprises India  (NSE:SPCENET) 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.


SpaceNet Enterprises India 3-Year ROIIC % Related Terms

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SpaceNet Enterprises India Business Description

Traded in Other Exchanges
N/A
Address
Street No. 03, Raidurgam, Prasanth Hills, Plot No. 114, Survey No. 66/2, Gachibowli, Nav Khalsa, Serilingampally, Ranga Reddy, Hyderabad, TG, IND, 500008
SpaceNet Enterprises India Ltd is engaged in the business of development of Software tools and platforms providing fast, flexible and reliable commodities trading tools and to invest, acquire and to deal in gold, and other commodities of all kinds, agricultural or otherwise, finished or unfinished goods and to take delivery and hold them as permitted under Securities Contracts Regulation Act (SCRA) 1956 and the rules made there under and also engaged in the business of Trade finance and Fin-tech.

SpaceNet Enterprises India Headlines

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