GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Park Systems Corp (XKRX:140860) » Definitions » 3-Year ROIIC %

Park Systems (XKRX:140860) 3-Year ROIIC % : 19.24% (As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Park Systems 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 Systems's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 19.24%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

XKRX:140860's 3-Year ROIIC % is ranked better than
72.38% of 2415 companies
in the Hardware industry
Industry Median: 2.38 vs XKRX:140860: 19.24

Park Systems 3-Year ROIIC % Historical Data

The historical data trend for Park Systems'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 Systems 3-Year ROIIC % Chart

Park Systems 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 26.40 22.44 21.87 30.84 19.24

Park Systems Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 19.24 - - -

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

For the Scientific & Technical Instruments subindustry, Park Systems'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 Systems's 3-Year ROIIC % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Park Systems's 3-Year ROIIC % distribution charts can be found below:

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



Park Systems 3-Year ROIIC % Calculation

Park Systems'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**
=( 25007.7458178 (Dec. 2023) - 13954.470911 (Dec. 2020) )/( 115721.878 (Dec. 2023) - 58266.615 (Dec. 2020) )
=11053.2749068/57455.263
=19.24%***

* 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 Systems  (XKRX:140860) 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 Systems 3-Year ROIIC % Related Terms

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


Park Systems Business Description

Traded in Other Exchanges
N/A
Address
Kanc, 4th Floor, Gwanggyo-ro 109, Suwon, KOR, 443-270
Park Systems Corp is a manufacturer of atomic force microscopy systems. It provides sample and automated AFM systems; park AFM options and modes; Park SmartScan, an operating software for Park AFM systems; and analytical services. The company offers its products for researchers and industry engineers in chemistry, materials, physics, life sciences, semiconductor and data storage industries.

Park Systems Headlines

No Headlines