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.
Tech Data's 3-Year ROIIC % for the quarter that ended in Jan. 2020 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Tech Data's 3-Year ROIIC % or its related term are showing as below:
TECD's 3-Year ROIIC % is not ranked *
in the Hardware industry.
Industry Median: 2.54 * Ranked among companies with meaningful 3-Year ROIIC % only.
Tech Data 3-Year ROIIC % Historical Data
The historical data trend for Tech Data'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.
Competitive Comparison of Tech Data's 3-Year ROIIC %
For the Electronics & Computer Distribution subindustry, Tech Data'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.
Tech Data's 3-Year ROIIC % Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Tech Data's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Tech Data's 3-Year ROIIC % falls into.
Tech Data 3-Year ROIIC % Calculation
Tech Data's 3-Year ROIIC % for the quarter that ended in Jan. 2020 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
* 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.
Tech Data (NAS:TECD) 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.
Tech Data 3-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Tech Data's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Tech Data Corp is a wholesale distributor of technology products. It acts as an intermediary in the technology supply chain by bringing products from technology vendors to market and providing customers with logistics capabilities. The firm's customers include value-added resellers, direct marketers, retailers, and corporate resellers. Nearly half of its product mix is broadline products including notebooks, desktops, and printers; the rest includes data center, software, mobility, and consumer electronics products. More than half of the firm's revenue is generated in the Americas and the rest from Europe.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TECD has been successfully added to your 