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Mida Assets PCL (BKK:MIDA) 5-Year ROIIC % : 2.01% (As of Dec. 2023)


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What is Mida Assets PCL 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. Mida Assets PCL's 5-Year ROIIC % for the quarter that ended in Dec. 2023 was 2.01%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Mida Assets PCL's 5-Year ROIIC % or its related term are showing as below:

BKK:MIDA's 5-Year ROIIC % is ranked worse than
50.14% of 363 companies
in the Credit Services industry
Industry Median: 2.01 vs BKK:MIDA: 2.01

Mida Assets PCL 5-Year ROIIC % Historical Data

The historical data trend for Mida Assets PCL'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.

* Premium members only.

Mida Assets PCL 5-Year ROIIC % Chart

Mida Assets PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.92 -10.32 -37.54 -22.88 2.01

Mida Assets PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
5-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 - - - 2.01 -

Competitive Comparison of Mida Assets PCL's 5-Year ROIIC %

For the Credit Services subindustry, Mida Assets PCL'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.


Mida Assets PCL's 5-Year ROIIC % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Mida Assets PCL's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Mida Assets PCL's 5-Year ROIIC % falls into.



Mida Assets PCL 5-Year ROIIC % Calculation

Mida Assets PCL's 5-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 108.3191495 (Dec. 2023) - 119.3289084 (Dec. 2018) )/( 9765.634 (Dec. 2023) - 10314.236 (Dec. 2018) )
=-11.0097589/-548.602
=2.01%***

* 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.


Mida Assets PCL  (BKK:MIDA) 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.


Mida Assets PCL 5-Year ROIIC % Related Terms

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Mida Assets PCL (BKK:MIDA) Business Description

Traded in Other Exchanges
N/A
Address
267 Charansanitwong Road, Bang-Or, Bangplad, Bangkok, THA, 10700
Mida Assets PCL is a Thailand-based company engaged in different businesses such as sales of merchandises and hire-purchases financing for electronic equipment and used cars, real estate development, hotel operations services and management, golf course rental, agency for sale of real estate, advertising, public relation and events organizing services, providing financial services, management of non-performing assets and security guard services. Its segments include Hire-purchase business, Real estate development, Hotel operation, Agency for sale real estate, and Advertising, public relation, and events services, of which key revenue is derived from the Hire-purchase business. The group has a business presence in Thailand and other countries.

Mida Assets PCL (BKK:MIDA) Headlines

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