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Zecotek Photonics (Zecotek Photonics) 3-Year ROIIC % : 0.00% (As of Jul. 2019)


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What is Zecotek Photonics 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. Zecotek Photonics's 3-Year ROIIC % for the quarter that ended in Jul. 2019 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 Zecotek Photonics's 3-Year ROIIC % or its related term are showing as below:

ZMSPF's 3-Year ROIIC % is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: -3.11
* Ranked among companies with meaningful 3-Year ROIIC % only.

Zecotek Photonics 3-Year ROIIC % Historical Data

The historical data trend for Zecotek Photonics'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.

Zecotek Photonics 3-Year ROIIC % Chart

Zecotek Photonics Annual Data
Trend Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19
3-Year ROIIC %
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Zecotek Photonics Quarterly Data
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Competitive Comparison of Zecotek Photonics's 3-Year ROIIC %

For the Medical Devices subindustry, Zecotek Photonics'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.


Zecotek Photonics's 3-Year ROIIC % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Zecotek Photonics's 3-Year ROIIC % distribution charts can be found below:

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



Zecotek Photonics 3-Year ROIIC % Calculation

Zecotek Photonics's 3-Year ROIIC % for the quarter that ended in Jul. 2019 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -3.664 (Jul. 2019) - -4.051 (Jul. 2016) )/( 5.915 (Jul. 2019) - 2.021 (Jul. 2016) )
=0.387/3.894
=9.94%***

* 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.


Zecotek Photonics  (OTCPK:ZMSPF) 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.


Zecotek Photonics 3-Year ROIIC % Related Terms

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Zecotek Photonics (Zecotek Photonics) Business Description

Traded in Other Exchanges
N/A
Address
6900 Graybar Road, Unit 2325, Richmond, BC, CAN, V6W 0A5
Zecotek Photonics Inc is in the business of research and development of photonics technologies. The company is focused on creating advanced materials and integrated optoelectronic devices for high-resolution medical imaging, optical precision surgery, and biopharmaceutical research. It operates in three divisions which include Imaging systems, Optronics systems, and 3D display systems with labs located in Canada, Korea, Russia, Singapore, and the U.S.A. The company develops products such as scintillation crystals, solid-state, photodetectors, positron emission tomography scanning components, lasers, and 3D display and 3D printing technologies. These products are used in sectors such as healthcare, scientific and industrial.