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Star Mica Holdings Co (TSE:2975) 3-Year ROIIC % : 4.83% (As of Nov. 2023)


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What is Star Mica Holdings 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. Star Mica Holdings Co's 3-Year ROIIC % for the quarter that ended in Nov. 2023 was 4.83%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:2975's 3-Year ROIIC % is ranked better than
58.98% of 1743 companies
in the Real Estate industry
Industry Median: 2.54 vs TSE:2975: 4.83

Star Mica Holdings Co 3-Year ROIIC % Historical Data

The historical data trend for Star Mica Holdings 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.

Star Mica Holdings Co 3-Year ROIIC % Chart

Star Mica Holdings Co Annual Data
Trend Apr18 Nov19 Nov20 Nov21 Nov22 Nov23
3-Year ROIIC %
Get a 7-Day Free Trial - - 4.15 11.58 4.83

Star Mica Holdings 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 - - 4.83 - -

Competitive Comparison of Star Mica Holdings Co's 3-Year ROIIC %

For the Real Estate Services subindustry, Star Mica Holdings 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.


Star Mica Holdings Co's 3-Year ROIIC % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Star Mica Holdings Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Star Mica Holdings Co's 3-Year ROIIC % falls into.



Star Mica Holdings Co 3-Year ROIIC % Calculation

Star Mica Holdings Co'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**
=( 3292.5123564 (Nov. 2023) - 2272.3937375 (Nov. 2020) )/( 89635.89 (Nov. 2023) - 68521.103 (Nov. 2020) )
=1020.1186189/21114.787
=4.83%***

* 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.


Star Mica Holdings Co  (TSE:2975) 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.


Star Mica Holdings Co 3-Year ROIIC % Related Terms

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Star Mica Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
Shiroyama Trust Tower, 4-3-1 Toranomon, 28th FLoor, Minato-ku, Tokyo, JPN, 105-6028
Star Mica Holdings Co Ltd is a Japanese based company engaged in providing real estate services. It offers real estate renovation, real estate investment business, advisory business and other services.

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