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.
Premiumome's 10-Year ROIIC % for the quarter that ended in Oct. 2023 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Premiumome's 10-Year ROIIC % or its related term are showing as below:
TSX:PIC.A's 10-Year ROIIC % is not ranked *
in the Asset Management industry.
Industry Median: 2.43 * Ranked among companies with meaningful 10-Year ROIIC % only.
Premiumome 10-Year ROIIC % Historical Data
The historical data trend for Premiumome'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.
Competitive Comparison of Premiumome's 10-Year ROIIC %
For the Asset Management subindustry, Premiumome'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.
Premiumome's 10-Year ROIIC % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Premiumome's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Premiumome's 10-Year ROIIC % falls into.
Premiumome 10-Year ROIIC % Calculation
Premiumome's 10-Year ROIIC % for the quarter that ended in Oct. 2023 is calculated as:
10-Year ROIIC %
=
10-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
10-Year Incremental Invested Capital**
=
( -3.461 (Oct. 2023) - 0 (Oct. 2013) )
/
( 230.069 (Oct. 2023) - 213.598 (Oct. 2013) )
=
/
16.471
=
0.00%***
* 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.
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.
Premiumome 10-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Premiumome's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Premium Income Corp is a mutual fund corporation. The investment objective is to provide Preferred shareholders with cumulative preferential quarterly cash distributions to provide Class A shareholders with quarterly cash distributions and return the original issue price to holders of both Preferred shares and Class A shares upon windup of the Fund. The fund mainly invests in common shares of the Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada and The Toronto-Dominion Bank and common shares of National Bank of Canada.
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