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Sarine Technologies (XTAE:SARN) 3-Year ROIIC % : -244.51% (As of Dec. 2023)


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What is Sarine Technologies 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. Sarine Technologies's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -244.51%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

XTAE:SARN's 3-Year ROIIC % is ranked worse than
96.07% of 2415 companies
in the Hardware industry
Industry Median: 2.38 vs XTAE:SARN: -244.51

Sarine Technologies 3-Year ROIIC % Historical Data

The historical data trend for Sarine Technologies'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.

Sarine Technologies 3-Year ROIIC % Chart

Sarine Technologies 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 280.09 -390.77 330.44 -3,397.23 -244.51

Sarine Technologies Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - -3,397.23 - -244.51 -

Competitive Comparison of Sarine Technologies's 3-Year ROIIC %

For the Scientific & Technical Instruments subindustry, Sarine Technologies'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.


Sarine Technologies's 3-Year ROIIC % Distribution in the Hardware Industry

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

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



Sarine Technologies 3-Year ROIIC % Calculation

Sarine Technologies'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**
=( -14.6693162 (Dec. 2023) - 10.1172645 (Dec. 2020) )/( 178.06 (Dec. 2023) - 167.887 (Dec. 2020) )
=-24.7865807/10.173
=-243.65%***

* 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.


Sarine Technologies  (XTAE:SARN) 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.


Sarine Technologies 3-Year ROIIC % Related Terms

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Sarine Technologies Business Description

Traded in Other Exchanges
Address
4 Haharash Street, Hod Hasharon, ISR, 4524075
Sarine Technologies Ltd is a company engaged in the development and manufacturing of advanced evaluation, planning, processing, and finishing systems for diamond and gemstone production. The company's products provide solutions for every stage of the rough diamond manufacturing process from geometrical modeling and internal inclusion mapping of the rough stone, through determining the derivable polished gems, based on true dollar value. India is the principal market for these products. Sarine has operations in India, Africa, Europe, North America, Israel, the other countries, out of which the majority of the revenue is generated from India.

Sarine Technologies Headlines

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