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Etron Technology (ROCO:5351) 3-Year ROIIC % : -63.08% (As of Dec. 2023)


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What is Etron Technology 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. Etron Technology's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -63.08%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ROCO:5351's 3-Year ROIIC % is ranked worse than
88.54% of 969 companies
in the Semiconductors industry
Industry Median: 0.95 vs ROCO:5351: -63.08

Etron Technology 3-Year ROIIC % Historical Data

The historical data trend for Etron Technology'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.

Etron Technology 3-Year ROIIC % Chart

Etron Technology 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 18.22 -15.07 -176.84 34.56 -63.08

Etron Technology 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 - -63.08 - - -

Competitive Comparison of Etron Technology's 3-Year ROIIC %

For the Semiconductor Equipment & Materials subindustry, Etron Technology'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.


Etron Technology's 3-Year ROIIC % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Etron Technology's 3-Year ROIIC % distribution charts can be found below:

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



Etron Technology 3-Year ROIIC % Calculation

Etron Technology'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**
=( -1179.024 (Dec. 2023) - -243.5566677 (Dec. 2020) )/( 5473.195 (Dec. 2023) - 3990.174 (Dec. 2020) )
=-935.4673323/1483.021
=-63.08%***

* 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.


Etron Technology  (ROCO:5351) 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.


Etron Technology 3-Year ROIIC % Related Terms

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Etron Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Technology Road 5, Hsinchu Science Park, Hsinchu, TWN, 300092
Etron Technology Inc is engaged in the design, manufacturing, and sale of niche memory chips. It is an integrated circuit and product company. Etron specializes in producing buffer memory and system-on-chips. Its product portfolio consists of Memory ICs that include Commercial DRAM, Industrial DRAM, Automotive DRAM, Known Good Die, Innovative DRAM, Flash, Logic ICs, USB 3D Sensing, and Logic ICs including USB, and 3D Sensing. Its geographic segments are Taiwan, Hong Kong, Mainland China, and Others. Its applications are Commercial Related Automotive Related, and Industrial Related. It generates the majority of its revenue from Taiwan.

Etron Technology Headlines

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