Triveni Turbine (NSE:TRITURBINE) 5-Year ROIIC % : 60.50% (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Triveni Turbine 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. Triveni Turbine's 5-Year ROIIC % for the quarter that ended in Mar. 2024 was 60.50%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NSE:TRITURBINE's 5-Year ROIIC % is ranked better than
91.95% of 2831 companies
in the Industrial Products industry
Industry Median: 4.76 vs NSE:TRITURBINE: 60.50

Triveni Turbine 5-Year ROIIC % Historical Data

The historical data trend for Triveni Turbine'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.

Triveni Turbine 5-Year ROIIC % Chart

Triveni Turbine Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

5-Year ROIIC %

Get a 7-Day Free Trial

17.21

5.92

1.94

41.40

60.50

Triveni Turbine Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
5-Year ROIIC %	Get a 7-Day Free Trial															41.40	-	-	-	60.50

Competitive Comparison of Triveni Turbine's 5-Year ROIIC %

For the Specialty Industrial Machinery subindustry, Triveni Turbine'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.

Triveni Turbine's 5-Year ROIIC % Distribution in the Industrial Products Industry

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

* The bar in red indicates where Triveni Turbine's 5-Year ROIIC % falls into.

Triveni Turbine 5-Year ROIIC % Calculation

Triveni Turbine'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^**
	=	( 2244.83728 (Mar. 2024) - 905.17229 (Mar. 2019) )	/	( 7937.4 (Mar. 2024) - 5723.23 (Mar. 2019) )
	=	1339.66499	/	2214.17
	=	60.50%^***

** 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.

Triveni Turbine (NSE:TRITURBINE) 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.

Triveni Turbine 5-Year ROIIC % Related Terms

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

Triveni Turbine (NSE:TRITURBINE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Triveni Turbine Ltd (NSE:TRITURBINE) » Definitions » 5-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

533655:India

Address

Express Trade Towers, 8th Floor, 15-16, Sector 16A, Noida, UP, IND, 201301

Website

https://www.triveniturbines.com

Triveni Turbine Ltd is an India-based company that supplies power-generating equipment and solutions. The company offers back-pressure and condensing steam turbines, related spare parts, and aftermarket services. In addition, the company owns a partial stake in GE Triveni Limited, a joint venture cofounded by General Electric and Triveni Turbine. This joint venture offers a portfolio of steam turbine products in the global industrial power-generation market. Triveni Turbine's products are used in sectors including sugar, distillery, palm oil, independent power producers, and textiles. The company generates the majority of its sales from the Indian domestic market.

Triveni Turbine (NSE:TRITURBINE) Headlines

No Headlines