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Good Com Asset Co (TSE:3475) 3-Year ROIIC % : -2.40% (As of Oct. 2023)


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What is Good Com Asset 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. Good Com Asset Co's 3-Year ROIIC % for the quarter that ended in Oct. 2023 was -2.40%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:3475's 3-Year ROIIC % is ranked worse than
67.35% of 1764 companies
in the Real Estate industry
Industry Median: 2.445 vs TSE:3475: -2.40

Good Com Asset Co 3-Year ROIIC % Historical Data

The historical data trend for Good Com Asset 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.

Good Com Asset Co 3-Year ROIIC % Chart

Good Com Asset Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.13 15.37 20.18 229.19 -2.40

Good Com Asset Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - - - -2.40 -

Competitive Comparison of Good Com Asset Co's 3-Year ROIIC %

For the Real Estate - Diversified subindustry, Good Com Asset 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.


Good Com Asset Co's 3-Year ROIIC % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Good Com Asset Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Good Com Asset Co's 3-Year ROIIC % falls into.



Good Com Asset Co 3-Year ROIIC % Calculation

Good Com Asset Co's 3-Year ROIIC % for the quarter that ended in Oct. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 1318.878176 (Oct. 2023) - 1954.1346563 (Oct. 2020) )/( 44909.113 (Oct. 2023) - 18465.903 (Oct. 2020) )
=-635.2564803/26443.21
=-2.40%***

* 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.


Good Com Asset Co  (TSE:3475) 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.


Good Com Asset Co 3-Year ROIIC % Related Terms

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Good Com Asset Co (TSE:3475) Business Description

Traded in Other Exchanges
N/A
Address
7-20-1, Nishishinjuku, 17th Floor, Sumitomo Fudosan Nishi-Shinjuku Building, Shinjuku-ku, Tokyo, JPN, 160-0023
Good Com Asset Co Ltd is a Japan-based company mainly engaged in planning, development, sale and management of newly built apartments. It primarily engages in planning, developing, managing, and selling mansions primarily in Japan. It is also providing rent management and real estate consultancy services, as well as property and casualty insurance products.

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