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Thai Solar Energy PCL (BKK:TSE) 5-Year ROIIC % : -2.25% (As of Dec. 2023)


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What is Thai Solar Energy 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. Thai Solar Energy PCL's 5-Year ROIIC % for the quarter that ended in Dec. 2023 was -2.25%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BKK:TSE's 5-Year ROIIC % is ranked worse than
67.27% of 388 companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.99 vs BKK:TSE: -2.25

Thai Solar Energy PCL 5-Year ROIIC % Historical Data

The historical data trend for Thai Solar Energy 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.

Thai Solar Energy PCL 5-Year ROIIC % Chart

Thai Solar Energy 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 2.46 1.74 -0.09 4.02 -2.25

Thai Solar Energy PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.02 - - - -2.25

Competitive Comparison of Thai Solar Energy PCL's 5-Year ROIIC %

For the Utilities - Renewable subindustry, Thai Solar Energy 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.


Thai Solar Energy PCL's 5-Year ROIIC % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Thai Solar Energy PCL's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Thai Solar Energy PCL's 5-Year ROIIC % falls into.



Thai Solar Energy PCL 5-Year ROIIC % Calculation

Thai Solar Energy 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**
=( 61.3233234 (Dec. 2023) - -54.1425296 (Dec. 2018) )/( 10703.986 (Dec. 2023) - 15829.745 (Dec. 2018) )
=115.465853/-5125.759
=-2.25%***

* 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.


Thai Solar Energy PCL  (BKK:TSE) 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.


Thai Solar Energy PCL 5-Year ROIIC % Related Terms

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Thai Solar Energy PCL (BKK:TSE) Business Description

Traded in Other Exchanges
N/A
Address
Sukhumvit Road, 19th Floor, 725 S-Metro Building, Klongton Nua, Wattana, Bangkok, THA, 10110
Thai Solar Energy Public Company Ltd is engaged in the generation and distribution of electricity from solar power to the government and private sector. The company has its operational footprints in Thailand and Japan. Its operating segments are Domestic and International of which, the company generates a majority of its revenue from the Domestic segment. The firm's projects are Solar PV Farms Thailand, Solar PV Farms Japan, Solar PV Rooftop Plants Thailand, and Biomass Power Plants.