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HKS Co (TSE:7219) 3-Year ROIIC % : 1.25% (As of Aug. 2024)


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What is HKS 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. HKS Co's 3-Year ROIIC % for the quarter that ended in Aug. 2024 was 1.25%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:7219's 3-Year ROIIC % is ranked worse than
60.22% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 6.64 vs TSE:7219: 1.25

HKS Co 3-Year ROIIC % Historical Data

The historical data trend for HKS 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.

HKS Co 3-Year ROIIC % Chart

HKS Co Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -26.47 -22.80 102.99 24.65 1.25

HKS Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 24.65 - - - 1.25

Competitive Comparison of HKS Co's 3-Year ROIIC %

For the Auto Parts subindustry, HKS 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.


HKS Co's 3-Year ROIIC % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, HKS Co's 3-Year ROIIC % distribution charts can be found below:

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



HKS Co 3-Year ROIIC % Calculation

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

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 289.0943328 (Aug. 2024) - 267.316105 (Aug. 2021) )/( 10666.549 (Aug. 2024) - 8924.427 (Aug. 2021) )
=21.7782278/1742.122
=1.25%***

* 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.


HKS Co  (TSE:7219) 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.


HKS Co 3-Year ROIIC % Related Terms

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HKS Co Business Description

Traded in Other Exchanges
N/A
Address
2266 Kamiide, Shizuoka Prefecture, Fujinomiya, JPN, 418 0192
HKS Co Ltd is a Japan-based company engaged in the design, development, and manufacturing of automobile parts including original exhaust systems and suspension, turbocharger, suspensions, electronic parts, and related parts are mainstream. In addition, the company is also involved in the CNG business, Bi-fuel business, LSA engine business and Contract and OEM business. In the CNG business, the company carries out the activity of converting the diesel engine into CNG engine.

HKS Co Headlines

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