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Disco (DSCSY) 10-Year ROIIC % : 42.12% (As of Mar. 2024)


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What is Disco 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. Disco's 10-Year ROIIC % for the quarter that ended in Mar. 2024 was 42.12%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

DSCSY's 10-Year ROIIC % is ranked better than
88.31% of 924 companies
in the Semiconductors industry
Industry Median: 5.56 vs DSCSY: 42.12

Disco 10-Year ROIIC % Historical Data

The historical data trend for Disco'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.

Disco 10-Year ROIIC % Chart

Disco Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.99 28.35 41.59 44.36 42.12

Disco Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only 44.36 - - - 42.12

Competitive Comparison of Disco's 10-Year ROIIC %

For the Semiconductor Equipment & Materials subindustry, Disco'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.


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

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

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



Disco 10-Year ROIIC % Calculation

Disco's 10-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 596.026935 (Mar. 2024) - 119.0162697 (Mar. 2014) )/( 2091.603 (Mar. 2024) - 1272.852 (Mar. 2014) )
=477.0106653/818.751
=58.26%***

* 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.


Disco  (OTCPK:DSCSY) 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.


Disco 10-Year ROIIC % Related Terms

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Disco (DSCSY) Business Description

Traded in Other Exchanges
Address
13-11 Omori-Kita 2-chome, Ota-ku, Tokyo, JPN, 143-8580
Disco Corp is a Japan-based company that manufactures and distributes precision processing and other manufacturing equipment. The firm's product portfolio includes dicing saws, laser saws, grinders, polishers, wafer mounters, die separators, surface planers, water jet saws, dicing blades, grinding wheels, polishing wheels, and related products. Precision processing equipment, predominantly grinders and dicers, make up roughly half of the firm's sales. The firm generates more than half of its revenue in Asia, with the rest coming from Japan, Europe, and the Americas.

Disco (DSCSY) Headlines

From GuruFocus

Matthews Japan Fund Comments on Disco

By Sydnee Gatewood Sydnee Gatewood 10-24-2019