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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.
Hemagen Diagnostics's 5-Year ROIIC % for the quarter that ended in Sep. 2012 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Hemagen Diagnostics's 5-Year ROIIC % or its related term are showing as below:
HMGN's 5-Year ROIIC % is not ranked *
in the Biotechnology industry.
Industry Median: -11.085 * Ranked among companies with meaningful 5-Year ROIIC % only.
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.
Hemagen Diagnostics 5-Year ROIIC % Related Terms
Hemagen Diagnostics 5-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Hemagen Diagnostics'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.
HMGN vs OBMP, NSPX, ATRX: 5-Year ROIIC % Comparison
For the Biotechnology subindustry, Hemagen Diagnostics'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.
Hemagen Diagnostics 5-Year ROIIC % vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Hemagen Diagnostics's 5-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Hemagen Diagnostics's 5-Year ROIIC % falls into.
Hemagen Diagnostics's 5-Year ROIIC % for the quarter that ended in Sep. 2012 is calculated as:
5-Year ROIIC %
=
5-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
5-Year Incremental Invested Capital**
=
( -0.438 (Sep. 2012) - -0.159 (Sep. 2007) )
/
( 1.425 (Sep. 2012) - 2.796 (Sep. 2007) )
=
-0.279
/
-1.371
=
20.35%***
* 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.
Hemagen Diagnostics (HMGN) has a 5-Year ROIIC % of 0.00 as of Sep. 2012. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Hemagen Diagnostics and its competitors.
Is Hemagen Diagnostics' 5-Year ROIIC % too high?
Hemagen Diagnostics' current 5-Year ROIIC % is 0.00.
How does Hemagen Diagnostics' 5-Year ROIIC % compare to OBMP and NSPX?
Hemagen Diagnostics' 5-Year ROIIC % of 0.00 can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year ROIIC % for a Biotechnology company?
A good 5-Year ROIIC % depends on the Biotechnology industry context. However, 5-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 5-Year ROIIC % mean?
A high 5-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Hemagen Diagnostics and its competitors. Hemagen Diagnostics's current 5-Year ROIIC % is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hemagen Diagnostics stock overvalued right now?
Hemagen Diagnostics (HMGN) has a current 5-Year ROIIC % of 0.00. The current 5-Year ROIIC % is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year ROIIC % calculated?
5-Year ROIIC % is calculated from a company's financial statements. For Hemagen Diagnostics (HMGN), the current 5-Year ROIIC % is 0.00 as of Sep. 2012. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Hemagen Diagnostics Inc is a biotechnology company. It develops, manufactures and markets Food and Drug Administration cleared proprietary medical diagnostic test kits and components. The company's Virgo line of Immunoassays are used to aid in the diagnosis of autoimmune and infectious diseases and acute-phase proteins. The assays utilize multiple technologies including ELISA, immunofluorescence (IFA) and hemagglutination (HA). Its products include ANA Screen ELISA 96 Test System, Rubella IgG ELISA 96 Test System, AMA IFA 48 Test System and others.
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