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Ever Fortune.AI Co (ROCO:6841) 3-Year ROIIC % : -8.16% (As of Dec. 2023)


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What is Ever Fortune.AI Co 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. Ever Fortune.AI Co's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -8.16%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Ever Fortune.AI Co's 3-Year ROIIC % or its related term are showing as below:

ROCO:6841's 3-Year ROIIC % is ranked worse than
65.81% of 620 companies
in the Healthcare Providers & Services industry
Industry Median: 1.495 vs ROCO:6841: -8.16

Ever Fortune.AI Co 3-Year ROIIC % Historical Data

The historical data trend for Ever Fortune.AI Co'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.

Ever Fortune.AI Co 3-Year ROIIC % Chart

Ever Fortune.AI Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial - - -24.98 -8.22 -8.16

Ever Fortune.AI Co Quarterly Data
Dec18 Dec19 Jun20 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 - -8.16 - - -

Competitive Comparison of Ever Fortune.AI Co's 3-Year ROIIC %

For the Health Information Services subindustry, Ever Fortune.AI Co'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.

Ever Fortune.AI Co's 3-Year ROIIC % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ever Fortune.AI Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Ever Fortune.AI Co's 3-Year ROIIC % falls into.


Ever Fortune.AI Co 3-Year ROIIC % Calculation

Ever Fortune.AI Co'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**
=( -103.696003 (Dec. 2023) - -59.1016 (Dec. 2020) )/( 627.815 (Dec. 2023) - 81.098 (Dec. 2020) )
=-44.594403/546.717
=-8.16%***

* 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.

Ever Fortune.AI Co  (ROCO:6841) 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.

Ever Fortune.AI Co 3-Year ROIIC % Related Terms

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Ever Fortune.AI Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Ever Fortune.AI Co Ltd (ROCO:6841) » Definitions » 3-Year ROIIC %
Comparable Companies
ROCO:6569 ROCO:6857 ROCO:8409 GEHC VEEV TSE:2413 HQY ASX:PME RCM TXG DOCS PGNY TDOC EVH HKSE:01833 PRVA PINC SZSE:300253 GDRX CERT
Traded in Other Exchanges
N/A
Address
Taiwan Boulevard, Room I, 8th Floor, No. 573, Section 2, West District, Taichung, TWN, 403
Website
https://www.everfortuneai.com.tw
Ever Fortune.AI Co Ltd is composed of professional AI Solution Architects, Biomedical Information Engineers, and big Data Scientists. It provides a complete solution for the development of medical AI and uses deep learning technologies to transform big data into functional models. The results both provide a professional second opinion for doctors and assist clinical doctors in making a medical diagnosis, which in turn raises the speed, accuracy, and efficiency of medical decisions.

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