GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Abundante Ltd (SGX:570) » Definitions » 3-Year ROIIC %

Abundante (SGX:570) 3-Year ROIIC % : 221.08% (As of Feb. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Abundante 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. Abundante's 3-Year ROIIC % for the quarter that ended in Feb. 2024 was 221.08%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

SGX:570's 3-Year ROIIC % is not ranked
in the Business Services industry.
Industry Median: 4.64 vs SGX:570: 221.08

Abundante 3-Year ROIIC % Historical Data

The historical data trend for Abundante'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.

Abundante 3-Year ROIIC % Chart

Abundante Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.01 -26.43 -80.65 -65.06 221.08

Abundante Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 - -65.06 - 221.08 -

Competitive Comparison of Abundante's 3-Year ROIIC %

For the Rental & Leasing Services subindustry, Abundante'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.


Abundante's 3-Year ROIIC % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Abundante's 3-Year ROIIC % distribution charts can be found below:

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


;
;

Abundante 3-Year ROIIC % Calculation

Abundante's 3-Year ROIIC % for the quarter that ended in Feb. 2024 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 0.5921608 (Feb. 2024) - -1.096896 (Feb. 2021) )/( 6.671 (Feb. 2024) - 5.907 (Feb. 2021) )
=1.6890568/0.764
=221.08%***

* 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.


Abundante  (SGX:570) 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.


Abundante 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Abundante's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Abundante Business Description

Traded in Other Exchanges
N/A
Address
160 Paya Lebar Road, No. 07-09 Orion, Singapore, SGP, 409022
Abundante Ltd formerly Transit-Mixed Concrete Ltd is an investment holding company supplying ready-mixed concrete and the manufacture and sale of ready-mixed concrete. It operates through two business segments, The Concrete Pumping Services segment is involved in the rental of concrete pumping services, and the Waste Management segment is engaged in the provision of waste management services including sewer pipeline inspection with a video camera. It derives income through its concrete pumping services which account for its revenues through its operations in Singapore.

Abundante Headlines

No Headlines