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Etihad Atheeb Telecommunication Co (SAU:7040) 3-Year ROIIC % : -11.64% (As of Mar. 2023)


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What is Etihad Atheeb Telecommunication 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. Etihad Atheeb Telecommunication Co's 3-Year ROIIC % for the quarter that ended in Mar. 2023 was -11.64%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Etihad Atheeb Telecommunication Co's 3-Year ROIIC % or its related term are showing as below:

SAU:7040's 3-Year ROIIC % is ranked worse than
79.47% of 375 companies
in the Telecommunication Services industry
Industry Median: 3.41 vs SAU:7040: -11.64

Etihad Atheeb Telecommunication Co 3-Year ROIIC % Historical Data

The historical data trend for Etihad Atheeb Telecommunication 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.

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Etihad Atheeb Telecommunication Co 3-Year ROIIC % Chart

Etihad Atheeb Telecommunication Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -107.17 191.94 - -2.77 -11.64

Etihad Atheeb Telecommunication Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - -11.64 - - -

Competitive Comparison of Etihad Atheeb Telecommunication Co's 3-Year ROIIC %

For the Telecom Services subindustry, Etihad Atheeb Telecommunication 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.


Etihad Atheeb Telecommunication Co's 3-Year ROIIC % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Etihad Atheeb Telecommunication Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Etihad Atheeb Telecommunication Co's 3-Year ROIIC % falls into.



Etihad Atheeb Telecommunication Co 3-Year ROIIC % Calculation

Etihad Atheeb Telecommunication Co's 3-Year ROIIC % for the quarter that ended in Mar. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 39.254 (Mar. 2023) - -33.44 (Mar. 2020) )/( 843.326 (Mar. 2023) - 1467.601 (Mar. 2020) )
=72.694/-624.275
=-11.64%***

* 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.


Etihad Atheeb Telecommunication Co  (SAU:7040) 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.


Etihad Atheeb Telecommunication Co 3-Year ROIIC % Related Terms

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Etihad Atheeb Telecommunication Co (SAU:7040) Business Description

Traded in Other Exchanges
N/A
Address
3704 King Abdullah Branch Road, P.O. Box 12482-6488, AlMughrizat district, Riyadh, SAU
Etihad Atheeb Telecommunication Co is a Saudi Arabia-based company that engages in the provision of telecommunications services under the GO brand. It provides fixed and wireless services, including fixed telephone lines, broadband internet telephony services, optical fibers, data services, broadband, and voice package, international gateway.

Etihad Atheeb Telecommunication Co (SAU:7040) Headlines

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