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Alar Pharmaceuticals (ROCO:6785) 5-Year ROIIC % : 859.94% (As of Dec. 2023)


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What is Alar Pharmaceuticals 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. Alar Pharmaceuticals's 5-Year ROIIC % for the quarter that ended in Dec. 2023 was 859.94%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ROCO:6785's 5-Year ROIIC % is ranked better than
98.73% of 944 companies
in the Drug Manufacturers industry
Industry Median: 3.87 vs ROCO:6785: 859.94

Alar Pharmaceuticals 5-Year ROIIC % Historical Data

The historical data trend for Alar Pharmaceuticals'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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Alar Pharmaceuticals 5-Year ROIIC % Chart

Alar Pharmaceuticals Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
5-Year ROIIC %
Get a 7-Day Free Trial - - - -56.84 859.94

Alar Pharmaceuticals Quarterly Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 859.94 - - -

Competitive Comparison of Alar Pharmaceuticals's 5-Year ROIIC %

For the Drug Manufacturers - Specialty & Generic subindustry, Alar Pharmaceuticals'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.


Alar Pharmaceuticals's 5-Year ROIIC % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Alar Pharmaceuticals's 5-Year ROIIC % distribution charts can be found below:

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



Alar Pharmaceuticals 5-Year ROIIC % Calculation

Alar Pharmaceuticals's 5-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 377.1610641 (Dec. 2023) - -70.943 (Dec. 2018) )/( 73.249 (Dec. 2023) - 21.14 (Dec. 2018) )
=448.1040641/52.109
=859.94%***

* 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.


Alar Pharmaceuticals  (ROCO:6785) 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.


Alar Pharmaceuticals 5-Year ROIIC % Related Terms

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Alar Pharmaceuticals Business Description

Traded in Other Exchanges
N/A
Address
No. 19, Keyuan Road, Rm. 312, 3rd Floor, Xitun District, Taichung, TWN, 407
Alar Pharmaceuticals Inc is a drug development company. It focuses on developing long-acting release drug products for CNS disorders and chronic diseases, which mainly include opioid use disorder, chronic pain, and depressive disorder. These chronic diseases not only cause long-term burdens to the patients and their families but also consume huge social costs.

Alar Pharmaceuticals Headlines

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