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HEXO (TSX:HEXO) 3-Year ROIIC % : 0.00% (As of Jul. 2022)


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What is HEXO 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. HEXO's 3-Year ROIIC % for the quarter that ended in Jul. 2022 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSX:HEXO's 3-Year ROIIC % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.42
* Ranked among companies with meaningful 3-Year ROIIC % only.

HEXO 3-Year ROIIC % Historical Data

The historical data trend for HEXO'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.

HEXO 3-Year ROIIC % Chart

HEXO Annual Data
Trend Sep14 Sep15 Sep16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only - - -35.18 -2.32 620.05

HEXO Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23
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 - 620.05 - - -

Competitive Comparison of HEXO's 3-Year ROIIC %

For the Drug Manufacturers - Specialty & Generic subindustry, HEXO'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.


HEXO's 3-Year ROIIC % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, HEXO's 3-Year ROIIC % distribution charts can be found below:

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



HEXO 3-Year ROIIC % Calculation

HEXO's 3-Year ROIIC % for the quarter that ended in Jul. 2022 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -221.8832457 (Jul. 2022) - -68.9355924 (Jul. 2019) )/( 665.376 (Jul. 2022) - 690.043 (Jul. 2019) )
=-152.9476533/-24.667
=620.05%***

* 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.


HEXO  (TSX:HEXO) 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.


HEXO 3-Year ROIIC % Related Terms

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


HEXO (TSX:HEXO) Business Description

Traded in Other Exchanges
N/A
Address
120 de la Rive Road, Gatineau, QC, CAN, J8M 1V2
HEXO Corp is engaged in producing and selling cannabis and cannabis products. The company is focused on smoke-free and traditional cannabis products. The firm's products include dried flowers, oils, and vapes. It generates its revenue from various sources such as Beverage Based Adult-Use Sales, Medical, Wholesale and International sales.