New Oriental Education & Technology Group (BSP:E1DU34) 5-Year ROIIC % : 2.79% (As of May. 2024)

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What is New Oriental Education & 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. New Oriental Education & Technology Group's 5-Year ROIIC % for the quarter that ended in May. 2024 was 2.79%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BSP:E1DU34's 5-Year ROIIC % is ranked worse than
52.94% of 238 companies
in the Education industry
Industry Median: 3.965 vs BSP:E1DU34: 2.79

New Oriental Education & Technology Group 5-Year ROIIC % Historical Data

The historical data trend for New Oriental Education & 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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New Oriental Education & Technology Group 5-Year ROIIC % Chart

New Oriental Education & Technology Group Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

5-Year ROIIC %

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4.34

-1.14

-100.59

-5.33

2.79

New Oriental Education & Technology Group Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
5-Year ROIIC %	Get a 7-Day Free Trial															-	-	-	2.79	-

Competitive Comparison of New Oriental Education & Technology Group's 5-Year ROIIC %

For the Education & Training Services subindustry, New Oriental Education & 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.

New Oriental Education & Technology Group's 5-Year ROIIC % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, New Oriental Education & Technology Group's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where New Oriental Education & Technology Group's 5-Year ROIIC % falls into.

New Oriental Education & Technology Group 5-Year ROIIC % Calculation

New Oriental Education & Technology Group's 5-Year ROIIC % for the quarter that ended in May. 2024 is calculated as:

5-Year ROIIC %	=	5-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	5-Year Incremental Invested Capital^**
	=	( 1400.2690077 (May. 2024) - 893.2614142 (May. 2019) )	/	( 22401.805 (May. 2024) - 10428.44 (May. 2019) )
	=	507.0075935	/	11973.365
	=	4.23%^***

** 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.

New Oriental Education & Technology Group (BSP:E1DU34) 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.

New Oriental Education & Technology Group 5-Year ROIIC % Related Terms

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New Oriental Education & Technology Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » New Oriental Education & Technology Group Inc (BSP:E1DU34) » Definitions » 5-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

EDU:USA EDUN:Mexico 09901:Hong Kong N1U0:Germany N1U0:Germany N1UA:Germany N1UA:Germany

Address

No. 6 Hai Dian Zhong Street, Haidian District, Beijing, CHN, 100080

Website

https://www.neworiental.org

New Oriental is a leading private education provider in China. K-9 academic after-school tutoring used to account for 50%-60% of New Oriental's revenue before the regulatory crackdown in 2021. After terminating its K-9 academic after-school tutoring business, New Oriental has identified a few new initiatives such as nonacademic tutoring and intelligent learning systems and devices. The remaining businesses include high school academic after-school tutoring and overseas-related test preparation and consulting business. The company also owns 55% of East Buy, a market leader in livestreaming e-commerce.

New Oriental Education & Technology Group Headlines

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