GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Arakawa Chemical Industries Ltd (TSE:4968) » Definitions » 3-Year ROIIC %

Arakawa Chemical Industries (TSE:4968) 3-Year ROIIC % : -39.51% (As of Mar. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Arakawa Chemical Industries 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. Arakawa Chemical Industries's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was -39.51%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:4968's 3-Year ROIIC % is ranked worse than
87.01% of 1516 companies
in the Chemicals industry
Industry Median: 1.935 vs TSE:4968: -39.51

Arakawa Chemical Industries 3-Year ROIIC % Historical Data

The historical data trend for Arakawa Chemical Industries'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.

Arakawa Chemical Industries 3-Year ROIIC % Chart

Arakawa Chemical Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.26 -8.50 -2.16 -19.85 -39.51

Arakawa Chemical Industries Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 - - - -39.51 -

Competitive Comparison of Arakawa Chemical Industries's 3-Year ROIIC %

For the Specialty Chemicals subindustry, Arakawa Chemical Industries'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.


Arakawa Chemical Industries's 3-Year ROIIC % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Arakawa Chemical Industries's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Arakawa Chemical Industries's 3-Year ROIIC % falls into.



Arakawa Chemical Industries 3-Year ROIIC % Calculation

Arakawa Chemical Industries's 3-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -4349.807 (Mar. 2024) - 2019.34 (Mar. 2021) )/( 103828 (Mar. 2024) - 87708 (Mar. 2021) )
=-6369.147/16120
=-39.51%***

* 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.


Arakawa Chemical Industries  (TSE:4968) 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.


Arakawa Chemical Industries 3-Year ROIIC % Related Terms

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


Arakawa Chemical Industries Business Description

Traded in Other Exchanges
N/A
Address
No. 3, No. 1, Hirano-cho, Chuo-ku, Osaka, JPN, 541-0046
Arakawa Chemical Industries Ltd is engaged in the production and sales of paper chemicals, resins for printing inks, resins for adhesives/adhesives, and intermediates for electronic materials. It manufactures various paper chemicals including water-repellents, sizing agents, paper surface improving agents, and paper strengthening, and other types of papers. It also provides printing inks for offset printing; book (magazine)-gravures and food-package-gravures. It also offers electronic materials, including rosins for use as raw material of chemicals and electronic components.

Arakawa Chemical Industries Headlines

No Headlines