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TCM Group AS (OCSE:TCM) 3-Year ROIIC % : -16.69% (As of Dec. 2023)


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What is TCM Group 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. TCM Group AS's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -16.69%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

OCSE:TCM's 3-Year ROIIC % is ranked worse than
75.3% of 417 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 3.65 vs OCSE:TCM: -16.69

TCM Group AS 3-Year ROIIC % Historical Data

The historical data trend for TCM Group 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.

TCM Group AS 3-Year ROIIC % Chart

TCM Group 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 149.01 76.66 1.00 -12.30 -16.69

TCM Group AS 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 - -16.69 - - -

Competitive Comparison of TCM Group AS's 3-Year ROIIC %

For the Furnishings, Fixtures & Appliances subindustry, TCM Group 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.


TCM Group AS's 3-Year ROIIC % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, TCM Group AS's 3-Year ROIIC % distribution charts can be found below:

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



TCM Group AS 3-Year ROIIC % Calculation

TCM Group 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**
=( 44.176584 (Dec. 2023) - 109.2866374 (Dec. 2020) )/( 1167.903 (Dec. 2023) - 777.848 (Dec. 2020) )
=-65.1100534/390.055
=-16.69%***

* 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.


TCM Group AS  (OCSE:TCM) 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.


TCM Group AS 3-Year ROIIC % Related Terms

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TCM Group AS Business Description

Traded in Other Exchanges
Address
Skautrupvej 16, Tvis, Holstebro, DNK, 7500
TCM Group AS manufactures and supplies kitchen and furniture products for bathrooms and storage in Denmark and the other Scandinavian countries. Its products include drawers, cabinets, fronts, table tops, handles, and other accessories. It offers its products under the Svane Kokkenet, Tvis Kokkener, Nettoline, and kitchen brands. The company also sells private label products through Do-It-Yourself and kitchen specialty stores in Denmark and Norway. The group sells its products in Denmark and other countries, of which a majority of the revenue is derived from Denmark. It also has a presence in Norway and other countries.

TCM Group AS Headlines

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