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. 2024 was -84.48%. 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 91.12% of 2409
companies
in the Software industry
Industry Median: 4.51
vs ASX:HTG: -84.48
Harvest Technology Group 5-Year ROIIC % Historical Data
* 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 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. 2024 is calculated as:
5-Year ROIIC %
=
5-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 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
Thank you for viewing the detailed overview of Harvest Technology Group's 5-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
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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