GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Taylormade Renewables Ltd (BOM:541228) » Definitions » 10-Year ROIIC %

Taylormade Renewables (BOM:541228) 10-Year ROIIC % : 22.88% (As of Mar. 2023)


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

What is Taylormade Renewables 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Taylormade Renewables's 10-Year ROIIC % for the quarter that ended in Mar. 2023 was 22.88%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Taylormade Renewables's 10-Year ROIIC % or its related term are showing as below:

BOM:541228's 10-Year ROIIC % is ranked better than
77.95% of 925 companies
in the Semiconductors industry
Industry Median: 5.48 vs BOM:541228: 22.88

Taylormade Renewables 10-Year ROIIC % Historical Data

The historical data trend for Taylormade Renewables's 10-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.

Taylormade Renewables 10-Year ROIIC % Chart

Taylormade Renewables Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 22.88

Taylormade Renewables Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
10-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 - - - 22.88 -

Competitive Comparison of Taylormade Renewables's 10-Year ROIIC %

For the Solar subindustry, Taylormade Renewables's 10-Year ROIIC %, along with its competitors' market caps and 10-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.


Taylormade Renewables's 10-Year ROIIC % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Taylormade Renewables's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Taylormade Renewables's 10-Year ROIIC % falls into.



Taylormade Renewables 10-Year ROIIC % Calculation

Taylormade Renewables's 10-Year ROIIC % for the quarter that ended in Mar. 2023 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 55.1862315 (Mar. 2023) - 0.0042678 (Mar. 2013) )/( 245.698 (Mar. 2023) - 4.552 (Mar. 2013) )
=55.1819637/241.146
=22.88%***

* 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 10-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.


Taylormade Renewables  (BOM:541228) 10-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.


Taylormade Renewables 10-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Taylormade Renewables's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Taylormade Renewables (BOM:541228) Business Description

Traded in Other Exchanges
N/A
Address
S.G. Road, 705, Shapath - II, Opposite Rajpath Club, Bodakdev, Ahmedabad, GJ, IND, 380015
Taylormade Renewables Ltd is engaged in providing renewable energy solutions. The firm manufactures solar energy equipment. It offers Photovoltaics, Evacuated tubes, Panels, Air source heat pumps, Dish cookers, Dryers, Biomass gasfiers, Cookstoves, and other related products. It serves customers in India. The Company has the product TRL-RAIN developed for evaporation and condensation from Saline, Brackish, Chemical induced water, Waste Water produced from various industries like Oil & Gas, Textiles & Tanneries, Power Generation, Mining & Metals, Refining & Chemicals, etc.

Taylormade Renewables (BOM:541228) Headlines

No Headlines