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Ocean Fresh Bhd (XKLS:0312) 3-Year ROIIC % : 30.52% (As of Dec. 2023)


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What is Ocean Fresh Bhd 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. Ocean Fresh Bhd's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 30.52%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

XKLS:0312's 3-Year ROIIC % is ranked better than
79.21% of 1828 companies
in the Consumer Packaged Goods industry
Industry Median: 1.82 vs XKLS:0312: 30.52

Ocean Fresh Bhd 3-Year ROIIC % Historical Data

The historical data trend for Ocean Fresh Bhd'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.

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Ocean Fresh Bhd 3-Year ROIIC % Chart

Ocean Fresh Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
- - - 30.52

Ocean Fresh Bhd Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
3-Year ROIIC % - - - 30.52

Competitive Comparison of Ocean Fresh Bhd's 3-Year ROIIC %

For the Packaged Foods subindustry, Ocean Fresh Bhd'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.


Ocean Fresh Bhd's 3-Year ROIIC % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ocean Fresh Bhd's 3-Year ROIIC % distribution charts can be found below:

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



Ocean Fresh Bhd 3-Year ROIIC % Calculation

Ocean Fresh Bhd'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**
=( 8.1621596 (Dec. 2023) - 2.0919486 (Dec. 2020) )/( 44.653 (Dec. 2023) - 24.765 (Dec. 2020) )
=6.070211/19.888
=30.52%***

* 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.


Ocean Fresh Bhd  (XKLS:0312) 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.


Ocean Fresh Bhd 3-Year ROIIC % Related Terms

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Ocean Fresh Bhd Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Lot 19869, Kampung Baru Peramu, Kuantan, PHG, MYS, 26060
Ocean Fresh Bhd is an investment holding company and through its subsidiaries, It is engaged in the processing and trading of frozen seafood products and frozen seafood processing services. Its processing and trading of frozen seafood products includes Molluscs mainly comprised cuttlefish, squid, octopus and ark shell meat, Fishes mainly comprised tuna, bonito, leatherjacket, mackerel, ribbonfish, pomfret and other types of fishes and Others mainly comprised sea cucumber, prawn and abalone.

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