Canso Select Opportunities Fund (TSX:SCW.UN) 3-Year ROIIC % : 0.00% (As of Dec. 2017)


What is Canso Select Opportunities Fund 3-Year ROIIC %?

Canso Select Opportunities Fund TSX:SCW.UN 3-Year ROIIC % is 0.00 as of Dec. 2017.

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. Canso Select Opportunities Fund's 3-Year ROIIC % for the quarter that ended in Dec. 2017 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 Canso Select Opportunities Fund's 3-Year ROIIC % or its related term are showing as below:

TSX:SCW.UN's 3-Year ROIIC % is not ranked *
in the Asset Management industry.
Industry Median: 2.15
* Ranked among companies with meaningful 3-Year ROIIC % only.

Canso Select Opportunities Fund  (TSX:SCW.UN) 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.

Canso Select Opportunities Fund 3-Year ROIIC % Related Terms

Canso Select Opportunities Fund 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Canso Select Opportunities Fund'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.

Canso Select Opportunities Fund 3-Year ROIIC % Chart

Canso Select Opportunities Fund Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17
3-Year ROIIC %
0.00 0.00 0.00 0.00 0.00

Canso Select Opportunities Fund Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Canso Select Opportunities Fund 3-Year ROIIC % Competitor Comparison

For the Asset Management subindustry, Canso Select Opportunities Fund'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.

Canso Select Opportunities Fund 3-Year ROIIC % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Canso Select Opportunities Fund's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Canso Select Opportunities Fund's 3-Year ROIIC % falls into.


Canso Select Opportunities Fund 3-Year ROIIC % Calculation

Canso Select Opportunities Fund's 3-Year ROIIC % for the quarter that ended in Dec. 2017 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 7.665 (Dec. 2017) - 15.099 (Dec. 2014) )/( 38.942 (Dec. 2017) - 37.545 (Dec. 2014) )
=-7.434/1.397
=-532.14%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 0.00 mean?
Canso Select Opportunities Fund (TSX:SCW.UN) has a 3-Year ROIIC % of 0.00 as of Dec. 2017. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Canso Select Opportunities Fund and its competitors.
Is Canso Select Opportunities Fund's 3-Year ROIIC % too high?
Canso Select Opportunities Fund's current 3-Year ROIIC % is 0.00.
How does Canso Select Opportunities Fund's 3-Year ROIIC % compare to competitors?
Canso Select Opportunities Fund's 3-Year ROIIC % of 0.00 can be compared against companies in the Asset Management industry. The industry median 3-Year ROIIC % is 2.15. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for an Asset Management company?
The median 3-Year ROIIC % among Asset Management companies is 2.15, based on 654 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Canso Select Opportunities Fund and its competitors. For the Asset Management industry, the median 3-Year ROIIC % is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canso Select Opportunities Fund's current 3-Year ROIIC % is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canso Select Opportunities Fund stock overvalued right now?
Canso Select Opportunities Fund (TSX:SCW.UN) has a current 3-Year ROIIC % of 0.00. The current 3-Year ROIIC % is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Canso Select Opportunities Fund (TSX:SCW.UN), the current 3-Year ROIIC % is 0.00 as of Dec. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Canso Select Opportunities Fund Business Description

Address 4000 - 3080 Yonge Street, Toronto, ON, CAN, M4N 3N1
Canso Select Opportunities Fund is a Canadian closed-end investment fund which seeks to maximize total returns for unitholders and provide attractive monthly cash distributions. The fund invests in an actively managed and diversified portfolio of corporate bonds and equities. The revenue generated by the company includes interest, dividend, accrued interest, income on investment and other income.