GURUFOCUS.COM » STOCK LIST » Technology » Software » Dev Information Technology Ltd (BOM:543462) » Definitions » 5-Year ROIIC %

Dev Information Technology (BOM:543462) 5-Year ROIIC % : 15.92% (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Dev Information Technology 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. Dev Information Technology's 5-Year ROIIC % for the quarter that ended in Mar. 2024 was 15.92%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BOM:543462's 5-Year ROIIC % is ranked better than
67.08% of 2366 companies
in the Software industry
Industry Median: 4.93 vs BOM:543462: 15.92

Dev Information Technology 5-Year ROIIC % Historical Data

The historical data trend for Dev Information Technology'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.

Dev Information Technology 5-Year ROIIC % Chart

Dev Information Technology Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.36 -140.66 -27.17 -0.52 15.92

Dev Information Technology Quarterly Data
Mar18 Mar19 Sep19 Mar20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - 15.92 - - -

Competitive Comparison of Dev Information Technology's 5-Year ROIIC %

For the Information Technology Services subindustry, Dev Information Technology'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.


Dev Information Technology's 5-Year ROIIC % Distribution in the Software Industry

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

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


;
;

Dev Information Technology 5-Year ROIIC % Calculation

Dev Information Technology's 5-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 94.7196096 (Mar. 2024) - 39.7959975 (Mar. 2019) )/( 704.788 (Mar. 2024) - 359.759 (Mar. 2019) )
=54.9236121/345.029
=15.92%***

* 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.


Dev Information Technology  (BOM:543462) 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.


Dev Information Technology 5-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Dev Information Technology's 5-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Dev Information Technology Business Description

Traded in Other Exchanges
Address
Thaltej - Shilaj Road, 14, Aaryans Corporate Park, Near Shilaj Railway Crossing, Thaltej, Ahmedabad, GJ, IND, 380059
Dev Information Technology Ltd is engaged in providing information technology solutions and consultancy services in India. It offers advisory, architecture, implementation, and support services. The company provides various services namely enterprise applications and mobility, infrastructure management, cloud computing, digital services and licensing among others. It operates in a single segment being IT and IT enabled services.

Dev Information Technology Headlines

No Headlines