Harvest Technology Group (ASX:HTG) 5-Year ROIIC % : -79.52% (As of Jun. 2023)

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What is Harvest Technology Group 5-Year ROIIC %?

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Harvest Technology Group's 5-Year ROIIC % for the quarter that ended in Jun. 2023 was -79.52%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Harvest Technology Group's 5-Year ROIIC % or its related term are showing as below:

ASX:HTG's 5-Year ROIIC % is ranked worse than
89.94% of 2464 companies
in the Software industry
Industry Median: 3.39 vs ASX:HTG: -79.52

Harvest Technology Group 5-Year ROIIC % Historical Data

The historical data trend for Harvest Technology Group's 5-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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Harvest Technology Group 5-Year ROIIC % Chart

Harvest Technology Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

5-Year ROIIC %

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-71.76

-76.86

-79.52

Harvest Technology Group Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
5-Year ROIIC %	Get a 7-Day Free Trial											-	-76.86	-	-79.52	-

Competitive Comparison of Harvest Technology Group's 5-Year ROIIC %

For the Software - Application subindustry, Harvest Technology Group's 5-Year ROIIC %, along with its competitors' market caps and 5-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.

Harvest Technology Group's 5-Year ROIIC % Distribution in the Software Industry

For the Software industry and Technology sector, Harvest Technology Group's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Harvest Technology Group's 5-Year ROIIC % falls into.

Harvest Technology Group 5-Year ROIIC % Calculation

Harvest Technology Group's 5-Year ROIIC % for the quarter that ended in Jun. 2023 is calculated as:

5-Year ROIIC %	=	5-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	5-Year Incremental Invested Capital^**
	=	( -9.1887558 (Jun. 2023) - -2.4817314 (Jun. 2018) )	/	( 9.032 (Jun. 2023) - 0.598 (Jun. 2018) )
	=	-6.7070244	/	8.434
	=	-79.52%^***

** Annual data of NOPAT and Invested Capital was used to calculate 5-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.

Harvest Technology Group (ASX:HTG) 5-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.

Harvest Technology Group 5-Year ROIIC % Related Terms

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Harvest Technology Group (ASX:HTG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Harvest Technology Group Ltd (ASX:HTG) » Definitions » 5-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Ord Street, Ground Floor, West Perth, Perth, WA, AUS, 6005

Website

https://www.harvest.technology

Harvest Technology Group Ltd provides hardware and software solutions to the energy, resources, and renewables sectors. The company's software solutions provide secure encrypted transfer of data, including high-definition video and audio, from anywhere via satellite or congested networks at ultra-low bandwidths. It operates in two segments: Subsea and asset integrity risk mitigation and Remote communications technology. The majority of the revenue comes from the Remote communications technology segment that generates income from the provision of data transfer, encryption, and compression services to clients operating in offshore and remote environments.

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