GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » UNO Minda Ltd (NSE:UNOMINDA) » Definitions » 3-Year ROIIC %

UNO Minda (NSE:UNOMINDA) 3-Year ROIIC % : 19.39% (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is UNO Minda 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. UNO Minda's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was 19.39%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NSE:UNOMINDA's 3-Year ROIIC % is ranked better than
68.9% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 6.64 vs NSE:UNOMINDA: 19.39

UNO Minda 3-Year ROIIC % Historical Data

The historical data trend for UNO Minda'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.

UNO Minda 3-Year ROIIC % Chart

UNO Minda 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 3.28 -0.57 0.72 18.85 19.39

UNO Minda 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 - - 19.39 - -

Competitive Comparison of UNO Minda's 3-Year ROIIC %

For the Auto Parts subindustry, UNO Minda'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.


UNO Minda's 3-Year ROIIC % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, UNO Minda's 3-Year ROIIC % distribution charts can be found below:

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



UNO Minda 3-Year ROIIC % Calculation

UNO Minda'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**
=( 8232.76454 (Mar. 2024) - 2466.39695 (Mar. 2021) )/( 71616.8 (Mar. 2024) - 41885.2 (Mar. 2021) )
=5766.36759/29731.6
=19.39%***

* 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.


UNO Minda  (NSE:UNOMINDA) 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.


UNO Minda 3-Year ROIIC % Related Terms

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


UNO Minda Business Description

Traded in Other Exchanges
Address
P.O. SikanderPur Badda, Village Nawada Fatehpur, Manesar, District, Gurugram, HR, IND, 122004
UNO Minda Ltd is a conglomerate engaged in the manufacturing of auto components including lighting, alloy wheels, horns, seating systems, seatbelts, switches, sensors, controllers, handlebar assemblies, wheel covers and others. The Group caters to both 2-wheeler and 4-wheeler markets and domestic & international markets. The group deals in only one business segment of manufacturing and sale of auto ancillary equipment.

UNO Minda Headlines

No Headlines