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.
JOST Werke SE's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 45.79%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for JOST Werke SE's 3-Year ROIIC % or its related term are showing as below:
XTER:JST's 3-Year ROIIC % is ranked better than 84.78% of 1255
companies
in the Vehicles & Parts industry
Industry Median: 5.57
vs XTER:JST: 45.79
JOST Werke SE 3-Year ROIIC % Historical Data
The historical data trend for JOST Werke SE'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.
Competitive Comparison of JOST Werke SE's 3-Year ROIIC %
For the Auto Parts subindustry, JOST Werke SE'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.
JOST Werke SE's 3-Year ROIIC % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, JOST Werke SE's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where JOST Werke SE's 3-Year ROIIC % falls into.
JOST Werke SE 3-Year ROIIC % Calculation
JOST Werke SE'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)**
* 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.
JOST Werke SE (XTER:JST) 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.
JOST Werke SE 3-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of JOST Werke SE's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
JOST Werke SE is a producer and supplier of safety-critical systems to the truck and trailer industry. The company's business segments are Asia, the Pacific and Africa, Europe, and North America. Its products are used in two business lines; Transport includes products and systems for trucks and trailers that provide the interface connecting the truck to the trailer, and it even sells wheel couplings, landing gears, king pins, and ball bearing turntables, and Agriculture includes products like agricultural front loaders for tractors, various implements for front loaders, and subframes, and it even sells towing hitches, drawbars, towing eyes and ladders under the brand name Rockinger.
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