Spectrum Electrical Industries (NSE:SPECTRUM) 5-Year ROIIC % : 13.68% (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Spectrum Electrical Industries 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. Spectrum Electrical Industries's 5-Year ROIIC % for the quarter that ended in Mar. 2024 was 13.68%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Spectrum Electrical Industries's 5-Year ROIIC % or its related term are showing as below:

NSE:SPECTRUM's 5-Year ROIIC % is ranked better than
69.6% of 2770 companies
in the Industrial Products industry
Industry Median: 5.06 vs NSE:SPECTRUM: 13.68

Spectrum Electrical Industries 5-Year ROIIC % Historical Data

The historical data trend for Spectrum Electrical Industries'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.

Spectrum Electrical Industries 5-Year ROIIC % Chart

Spectrum Electrical Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

5-Year ROIIC %

Get a 7-Day Free Trial

2.29

5.12

7.32

3.53

13.68

Spectrum Electrical Industries Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
5-Year ROIIC %	Get a 7-Day Free Trial													-	3.53	-	13.68	-

Competitive Comparison of Spectrum Electrical Industries's 5-Year ROIIC %

For the Electrical Equipment & Parts subindustry, Spectrum Electrical Industries'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.

Spectrum Electrical Industries's 5-Year ROIIC % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Spectrum Electrical Industries's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Spectrum Electrical Industries's 5-Year ROIIC % falls into.

Spectrum Electrical Industries 5-Year ROIIC % Calculation

Spectrum Electrical Industries'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^**
	=	( 252.283536 (Mar. 2024) - 88.1195094 (Mar. 2019) )	/	( 2275.377 (Mar. 2024) - 1075.438 (Mar. 2019) )
	=	164.1640266	/	1199.939
	=	13.68%^***

** 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.

Spectrum Electrical Industries (NSE:SPECTRUM) 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.

Spectrum Electrical Industries 5-Year ROIIC % Related Terms

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

Spectrum Electrical Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Spectrum Electrical Industries Ltd (NSE:SPECTRUM) » Definitions » 5-Year ROIIC %

Traded in Other Exchanges

N/A

Address

Office No. 501, A&B, Omega Building, 5th Floor, Omega Tower, Hiranandani Garden, Powai, Mumbai, MH, IND, 400076

Website

https://spectrum-india.com

Spectrum Electrical Industries Ltd is an India-based contract manufacturer and a component supplier. It is mainly engaged in the business of designing and manufacturing electrical, automobile, and irrigation components. It offers a varieties of products under the domain of the electrical component including miniature circuit breaker (MCB) base and cover, distribution board, alternating current (AC) Box, modular electric board panels, fancy angle holders, calipers, filter pumps, carrier, and filter tank. It also offers various services including surface coatings, metallic stamping, plastics molding, and designing new molds, and dies press tools. The company mainly offers its products in the Indian market and it also exports some of its products.

Spectrum Electrical Industries Headlines

No Headlines