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.
Safety Insurance Group's 10-Year ROIIC % for the quarter that ended in Dec. 2022 was -2.80%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Safety Insurance Group's 10-Year ROIIC % or its related term are showing as below:
SAFT's 10-Year ROIIC % is ranked worse than 75.56% of 360
companies
in the Insurance industry
Industry Median: 1.03
vs SAFT: -2.80
Competitive Comparison
For the Insurance - Property & Casualty subindustry, Safety Insurance Group'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.
Safety Insurance Group 10-Year ROIIC % Distribution
For the Insurance industry and Financial Services sector, Safety Insurance Group's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Safety Insurance Group's 10-Year ROIIC % falls in comparison to its industry or sector. The grey bar indicates the 10-Year ROIIC %'s extreme value range as defined by GuruFocus.
Safety Insurance Group 10-Year ROIIC % Calculation
Safety Insurance Group's 10-Year ROIIC % for the quarter that ended in Dec. 2022 is calculated as:
10-Year ROIIC %
=
10-Year Incremental Net Operating Profit After Taxes (NOPAT)**
* 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 %.
Safety Insurance Group (NAS:SAFT) 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.
Safety Insurance Group 10-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Safety Insurance Group's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Safety Insurance Group (NAS:SAFT) Business Description
Safety Insurance Group Inc is a provider of private passenger automobile insurance in Massachusetts. The company also offers property and casualty insurance products, including commercial automobile, homeowners, dwelling fire, umbrella, and business owner policies. It operates in the business segment of Property and casualty insurance operations.
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