PREDQ (Predictive Technology Group) 3-Year ROIIC % : 0.00% (As of Jun. 2020)


What is Predictive Technology Group 3-Year ROIIC %?

Predictive Technology Group PREDQ -90.00% 3-Year ROIIC % is 0.00 as of Jun. 2020.

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. Predictive Technology Group's 3-Year ROIIC % for the quarter that ended in Jun. 2020 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

PREDQ's 3-Year ROIIC % is not ranked *
in the Biotechnology industry.
Industry Median: -4.44
* Ranked among companies with meaningful 3-Year ROIIC % only.

Predictive Technology Group  (OTCPK:PREDQ) 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.

Predictive Technology Group 3-Year ROIIC % Related Terms

Predictive Technology Group 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Predictive Technology Group'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.

Predictive Technology Group 3-Year ROIIC % Chart

Predictive Technology Group Annual Data
Trend Aug06 Aug07 Jun16 Jun17 Jun18 Jun19 Jun20
3-Year ROIIC %
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Predictive Technology Group Quarterly Data
Nov07 Feb08 May08 Jun16 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 0.00 0.00 0.00 0.00 0.00

PREDQ vs GLMD, RCAR, CKPT: 3-Year ROIIC % Comparison

For the Biotechnology subindustry, Predictive Technology Group'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.

Predictive Technology Group 3-Year ROIIC % vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Predictive Technology Group's 3-Year ROIIC % distribution charts can be found below:

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


Predictive Technology Group 3-Year ROIIC % Calculation

Predictive Technology Group's 3-Year ROIIC % for the quarter that ended in Jun. 2020 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -41.5114048 (Jun. 2020) - -4.789 (Jun. 2017) )/( 85.282 (Jun. 2020) - 41.915 (Jun. 2017) )
=-36.7224048/43.367
=-84.68%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 0.00 mean?
Predictive Technology Group (PREDQ) has a 3-Year ROIIC % of 0.00 as of Jun. 2020. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Predictive Technology Group and its competitors.
Is Predictive Technology Group's 3-Year ROIIC % too high?
Predictive Technology Group's current 3-Year ROIIC % is 0.00.
How does Predictive Technology Group's 3-Year ROIIC % compare to GLMD and RCAR?
Predictive Technology Group's 3-Year ROIIC % of 0.00 can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Biotechnology company?
A good 3-Year ROIIC % depends on the Biotechnology industry context. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Predictive Technology Group and its competitors. Predictive Technology Group's current 3-Year ROIIC % is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Predictive Technology Group stock overvalued right now?
Predictive Technology Group (PREDQ) has a current 3-Year ROIIC % of 0.00. The current 3-Year ROIIC % is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Predictive Technology Group (PREDQ), the current 3-Year ROIIC % is 0.00 as of Jun. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Predictive Technology Group Business Description

Address 2735 Parleys Way, Suite 205, Salt Lake City, UT, USA, 84109
Predictive Technology Group Inc (PRx) is a biotechnology company. It develops, commercializes, acquires and invests in technologies engaged in novel molecular diagnostic and therapeutic products in healthcare. The HCT/P segment offers minimally manipulated tissue products intended for homologous use, prepared utilizing proprietary extraction methods that reduce the loss of important scaffolding, growth factors and cytokines. The company's Diagnostics and Therapeutics segment uses data analytics for disease identification and subsequent therapeutic intervention through novel gene-based diagnostics, and companion therapeutics. It generates most of its revenues from HCT/Ps segment.