CI Financial (TSX:CIX) 10-Year ROIIC %

: 5.45% (As of Dec. 2021)

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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. CI Financial's 10-Year ROIIC % for the quarter that ended in Dec. 2021 was 5.45%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSX:CIX's 10-Year ROIIC % is ranked better than
58.7% of 615 companies
in the Asset Management industry
Industry Median: 2.24 vs TSX:CIX: 5.45

Competitive Comparison

For the Asset Management subindustry, CI Financial'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.

Annual Data Quarterly Data

CI Financial 10-Year ROIIC % Distribution

For the Asset Management industry and Financial Services sector, CI Financial's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where CI Financial'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.

CI Financial 10-Year ROIIC % Calculation

CI Financial's 10-Year ROIIC % for the quarter that ended in Dec. 2021 is calculated as:

10-Year ROIIC %	=	10-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	10-Year Incremental Invested Capital^**
	=	( 667.4224095 (Dec. 2021) - 401.7880869 (Dec. 2011) )	/	( 7857.661 (Dec. 2021) - 2985.367 (Dec. 2011) )
	=	265.6343226	/	4872.294
	=	5.45 %

* 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 %.

CI Financial (TSX:CIX) 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.

CI Financial 10-Year ROIIC % Related Terms

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CI Financial (TSX:CIX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » CI Financial Corp (TSX:CIX) » Definitions » 10-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

CIXXF:USA CF7:Germany

Address

15 York Street, 2nd Floor, Legal Department, Toronto, ON, CAN, M5J 0A3

Website

https://www.cifinancial.com

CI Financial is a diversified provider of wealth management products and services, primarily in the Canadian market. The company had CAD 114.2 billion in fund assets under management, and another CAD 223.8 billion in wealth management assets under advisement, at the end of September 2022, making it one of the largest nonbank affiliated asset managers in Canada. The company operates its fund business through CI Global Asset Management, which offers a broad selection of investment funds. On the wealth management side, the company operates through CI Assante Wealth Management, Aligned Capital Partners, CI Private Wealth, as well as a growing group of acquired U.S.-based advisors, providing financial advice primarily to high-net-worth individuals and families.