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STXMF (Starrex International) 3-Year ROIIC % : -61.63% (As of Dec. 2023)


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What is Starrex International 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. Starrex International's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -61.63%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

STXMF's 3-Year ROIIC % is ranked worse than
97.83% of 46 companies
in the Banks industry
Industry Median: 2.69 vs STXMF: -61.63

Starrex International 3-Year ROIIC % Historical Data

The historical data trend for Starrex International'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.

Starrex International 3-Year ROIIC % Chart

Starrex International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -60.74 133.39 -77.13 -11.28 -61.63

Starrex International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - -61.63 -

Competitive Comparison of Starrex International's 3-Year ROIIC %

For the Mortgage Finance subindustry, Starrex International'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.


Starrex International's 3-Year ROIIC % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Starrex International's 3-Year ROIIC % distribution charts can be found below:

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



Starrex International 3-Year ROIIC % Calculation

Starrex International'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**
=( -7.0950765 (Dec. 2023) - 1.713971 (Dec. 2020) )/( 17.045 (Dec. 2023) - 3.012 (Dec. 2020) )
=-8.8090475/14.033
=-62.77%***

* 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.


Starrex International  (OTCPK:STXMF) 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.


Starrex International 3-Year ROIIC % Related Terms

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Starrex International Business Description

Traded in Other Exchanges
N/A
Address
1250, 639 - 5th Avenue South West, Calgary, AB, CAN, T2P 0M9
Starrex International Ltd is engaged in acquiring, managing, and growing companies in the United States active in the mortgage, real estate, and other financial sectors. it operates in three segments; Starrex International Ltd. or Corporate, manages the wholly owned subsidiaries, as well as shareholder services and corporate governance; MFI Credit Solutions, LLC manages consumer credit reporting and maintains all of the ordering, tracking, administrative duties and details required to support consumer credit reporting activities; and All American Title Company, LLC. provides services required to transfer title to property in a real estate transaction and includes services such as searching, abstracting, examining, closing and insuring the condition of the title to the property.