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Carlsberg AS (OCSE:CARL B) 3-Year ROIIC % : -25.83% (As of Dec. 2023)


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What is Carlsberg AS 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. Carlsberg AS's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -25.83%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

OCSE:CARL B's 3-Year ROIIC % is ranked worse than
80.95% of 210 companies
in the Beverages - Alcoholic industry
Industry Median: 7.485 vs OCSE:CARL B: -25.83

Carlsberg AS 3-Year ROIIC % Historical Data

The historical data trend for Carlsberg AS'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.

Carlsberg AS 3-Year ROIIC % Chart

Carlsberg AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.50 199.32 14.74 -9.31 -25.83

Carlsberg AS Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - -9.31 - -25.83 -

Competitive Comparison of Carlsberg AS's 3-Year ROIIC %

For the Beverages - Brewers subindustry, Carlsberg AS'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.


Carlsberg AS's 3-Year ROIIC % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Carlsberg AS's 3-Year ROIIC % distribution charts can be found below:

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



Carlsberg AS 3-Year ROIIC % Calculation

Carlsberg AS's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 8495.7993 (Dec. 2023) - 7179.855 (Dec. 2020) )/( 105652 (Dec. 2023) - 110746 (Dec. 2020) )
=1315.9443/-5094
=-25.83%***

* 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.


Carlsberg AS  (OCSE:CARL B) 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.


Carlsberg AS 3-Year ROIIC % Related Terms

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Carlsberg AS Business Description

Address
J.C. Jacobsens Gade 1, Copenhagen, DNK, 1799
Carlsberg is the fourth-largest brewer in the world following the combination of Anheuser-Busch InBev and SABMiller, with major operations in Europe and Asia. It holds leading share in Scandinavia, Switzerland, Portugal, Laos, Nepal, and parts of western China. Its key brands include Carlsberg, 1664, Tuborg, Holsten, and Somersby. The company's 2023 beverage volume, excluding Russia, was split among Northern and Western Europe (35%), Eastern Europe (26%), and Asia (39%).

Carlsberg AS Headlines

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