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Park Lawn (TSX:PLC) 3-Year ROIIC % : 14.31% (As of Dec. 2023)


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What is Park Lawn 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. Park Lawn's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 14.31%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSX:PLC's 3-Year ROIIC % is ranked better than
71% of 100 companies
in the Personal Services industry
Industry Median: -0.66 vs TSX:PLC: 14.31

Park Lawn 3-Year ROIIC % Historical Data

The historical data trend for Park Lawn'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.

Park Lawn 3-Year ROIIC % Chart

Park Lawn Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 2.15 4.04 4.98 14.31

Park Lawn Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.98 - - - 14.31

Competitive Comparison of Park Lawn's 3-Year ROIIC %

For the Personal Services subindustry, Park Lawn'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.


Park Lawn's 3-Year ROIIC % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Park Lawn's 3-Year ROIIC % distribution charts can be found below:

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



Park Lawn 3-Year ROIIC % Calculation

Park Lawn's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 53.065908 (Dec. 2023) - 29.0368072 (Dec. 2020) )/( 1629.498 (Dec. 2023) - 1461.553 (Dec. 2020) )
=24.0291008/167.945
=14.31%***

* 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.


Park Lawn  (TSX:PLC) 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.


Park Lawn 3-Year ROIIC % Related Terms

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Park Lawn (TSX:PLC) Business Description

Traded in Other Exchanges
Address
2 St. Clair Avenue West, Suite 705, Toronto, ON, CAN, M4T 2T5
Park Lawn Corp provides goods and services associated with the disposition and memorialization of remains in Canada and the United States. It owns and operates cemeteries, crematoriums, and funeral homes, and funeral services business. The entity generates revenue from the sale of cemetery property interment rights, cemetery services and merchandise sales, and funeral services and merchandise sales. It operates in the United States and Canada, of which key revenue is generated from the United States.

Park Lawn (TSX:PLC) Headlines