GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Kaneko Seeds Co Ltd (TSE:1376) » Definitions » 3-Year ROIIC %

Kaneko Seeds Co (TSE:1376) 3-Year ROIIC % : -2.35% (As of May. 2024)


View and export this data going back to 1981. Start your Free Trial

What is Kaneko Seeds Co 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. Kaneko Seeds Co's 3-Year ROIIC % for the quarter that ended in May. 2024 was -2.35%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:1376's 3-Year ROIIC % is ranked worse than
57.14% of 252 companies
in the Agriculture industry
Industry Median: 1.71 vs TSE:1376: -2.35

Kaneko Seeds Co 3-Year ROIIC % Historical Data

The historical data trend for Kaneko Seeds Co'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.

Kaneko Seeds Co 3-Year ROIIC % Chart

Kaneko Seeds Co Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.70 7.20 1.59 5.64 -2.35

Kaneko Seeds Co Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 5.64 - - - -2.35

Competitive Comparison of Kaneko Seeds Co's 3-Year ROIIC %

For the Agricultural Inputs subindustry, Kaneko Seeds Co'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.


Kaneko Seeds Co's 3-Year ROIIC % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Kaneko Seeds Co's 3-Year ROIIC % distribution charts can be found below:

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



Kaneko Seeds Co 3-Year ROIIC % Calculation

Kaneko Seeds Co's 3-Year ROIIC % for the quarter that ended in May. 2024 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 1155.7673835 (May. 2024) - 1274.1268931 (May. 2021) )/( 23890.494 (May. 2024) - 18859.716 (May. 2021) )
=-118.3595096/5030.778
=-2.35%***

* 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.


Kaneko Seeds Co  (TSE:1376) 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.


Kaneko Seeds Co 3-Year ROIIC % Related Terms

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


Kaneko Seeds Co Business Description

Traded in Other Exchanges
N/A
Address
50-12 Furuichi-machi 1-chome, Gunma prefecture, Maebashi-shi, JPN, 371-8503
Kaneko Seeds Co Ltd is engaged in agribusiness. It has two product categories: vegetables and flowers. Its products include vegetables, flower seeds, and garden supplies. In addition, the company sells greenhouse materials; develops hydroponic systems; and designs and constructs parks, among others. It operates in Japan, the Philippines, Thailand, and Turkey.

Kaneko Seeds Co Headlines

No Headlines