GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Surge Components Inc (OTCPK:SPRS) » Definitions » 3-Year ROIIC %

Surge Components (Surge Components) 3-Year ROIIC % : -67.81% (As of Nov. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Surge Components 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. Surge Components's 3-Year ROIIC % for the quarter that ended in Nov. 2023 was -67.81%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

SPRS's 3-Year ROIIC % is ranked worse than
88.65% of 2431 companies
in the Hardware industry
Industry Median: 3.67 vs SPRS: -67.81

Surge Components 3-Year ROIIC % Historical Data

The historical data trend for Surge Components'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.

Surge Components 3-Year ROIIC % Chart

Surge Components Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 155.60 26.96 23.74 37.25 -67.81

Surge Components Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - - - -67.81 -

Competitive Comparison of Surge Components's 3-Year ROIIC %

For the Electronics & Computer Distribution subindustry, Surge Components'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.


Surge Components's 3-Year ROIIC % Distribution in the Hardware Industry

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

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



Surge Components 3-Year ROIIC % Calculation

Surge Components's 3-Year ROIIC % for the quarter that ended in Nov. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 0.9041824 (Nov. 2023) - 1.49688 (Nov. 2020) )/( 9.218 (Nov. 2023) - 8.344 (Nov. 2020) )
=-0.5926976/0.874
=-67.81%***

* 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.


Surge Components  (OTCPK:SPRS) 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.


Surge Components 3-Year ROIIC % Related Terms

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


Surge Components (Surge Components) Business Description

Traded in Other Exchanges
N/A
Address
95 East Jefryn Boulevard, Deer Park, New York, NY, USA, 11729
Surge Components Inc is a supplier of electronic products and components. The company's products include capacitors, which are electrical energy storage devices, and discrete components, such as rectifiers, transistors, and diodes. Its marketed products are utilized in the electronic circuitry of products, comprising of automobiles, telecom, audio, cellular telephones, computers, consumer electronics, garage door openers, household appliances, power supplies and security equipment. In addition, the company's products are also sold to original equipment manufacturers and distributors.
Executives
Peter Levy director C/O ATLAS THERAPEUTICS CORPORATION, 4640 ADMIRALTY WAY, SUITE 500, MARINA DEL REY CA 90292
Michael D Tofias 10 percent owner 325 NORTH END AVENUE, APT. 25B, NEW YORK NY 10282
Steven J Lubman director, officer: VP, Secretary, Director 1016 GRAND BLVD, DEER PARK NY 11729
Martin Novick director
Alan Plafker director 24 SYLVIA ROAD, PLAINVIEW NY 11803
Gary Mark Jacobs director 15 HOOVER STREET, INWOOD NY 11096
Lawrence Chariton director 30 ROCKAWAY PLACE, MASSAPEQUA NY 11758
Ira Levy director, officer: Chief Executive Officer
David Siegel director 95 EAST JEFRYN BOULEVARD, DEER PARK NY 11729

Surge Components (Surge Components) Headlines