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Energy Vault Holdings (STU:8610) 3-Year ROIIC % : -87.80% (As of Dec. 2023)


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What is Energy Vault Holdings 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. Energy Vault Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -87.80%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

STU:8610's 3-Year ROIIC % is ranked worse than
94.1% of 407 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.49 vs STU:8610: -87.80

Energy Vault Holdings 3-Year ROIIC % Historical Data

The historical data trend for Energy Vault Holdings'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.

Energy Vault Holdings 3-Year ROIIC % Chart

Energy Vault Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
- - - -44.36 -87.80

Energy Vault Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - -87.80 - -

Competitive Comparison of Energy Vault Holdings's 3-Year ROIIC %

For the Utilities - Renewable subindustry, Energy Vault Holdings'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.


Energy Vault Holdings's 3-Year ROIIC % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Energy Vault Holdings's 3-Year ROIIC % distribution charts can be found below:

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



Energy Vault Holdings 3-Year ROIIC % Calculation

Energy Vault Holdings'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**
=( -97.5344305 (Dec. 2023) - -11.9241923 (Dec. 2020) )/( 114.28 (Dec. 2023) - 16.446 (Dec. 2020) )
=-85.6102382/97.834
=-87.51%***

* 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.


Energy Vault Holdings  (STU:8610) 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.


Energy Vault Holdings 3-Year ROIIC % Related Terms

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Energy Vault Holdings Business Description

Traded in Other Exchanges
Address
4360 Park Terrace Drive, Suite 100, Westlake Village, CA, USA, 91361
Energy Vault Holdings Inc is a grid-scale energy storage company that is driving a faster transition to renewable power by solving the intermittence issues that are inherent to the prevalent sources of renewable energy, solar and wind. Geographical presence in United States, China and Other. Majority of its revenue comes from U.S.

Energy Vault Holdings Headlines

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