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Ras AL Khaimah Ceramics Co PSC (ADX:RAKCEC) 1-Year ROIIC % : 28.84% (As of Dec. 2023)


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What is Ras AL Khaimah Ceramics Co PSC 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Ras AL Khaimah Ceramics Co PSC's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was 28.84%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Ras AL Khaimah Ceramics Co PSC's 1-Year ROIIC % or its related term are showing as below:

ADX:RAKCEC's 1-Year ROIIC % is ranked better than
72.97% of 1450 companies
in the Construction industry
Industry Median: 4.12 vs ADX:RAKCEC: 28.84

Ras AL Khaimah Ceramics Co PSC 1-Year ROIIC % Historical Data

The historical data trend for Ras AL Khaimah Ceramics Co PSC's 1-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.

Ras AL Khaimah Ceramics Co PSC 1-Year ROIIC % Chart

Ras AL Khaimah Ceramics Co PSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -208.72 8.79 -109.58 12.24 28.84

Ras AL Khaimah Ceramics Co PSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
1-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 12.24 15.57 11.58 35.96 28.84

Competitive Comparison of Ras AL Khaimah Ceramics Co PSC's 1-Year ROIIC %

For the Building Products & Equipment subindustry, Ras AL Khaimah Ceramics Co PSC's 1-Year ROIIC %, along with its competitors' market caps and 1-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.


Ras AL Khaimah Ceramics Co PSC's 1-Year ROIIC % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ras AL Khaimah Ceramics Co PSC's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Ras AL Khaimah Ceramics Co PSC's 1-Year ROIIC % falls into.



Ras AL Khaimah Ceramics Co PSC 1-Year ROIIC % Calculation

Ras AL Khaimah Ceramics Co PSC's 1-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 388.7613144 (Dec. 2023) - 330.4710464 (Dec. 2022) )/( 4595.6 (Dec. 2023) - 4393.518 (Dec. 2022) )
=58.290268/202.082
=28.84%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-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.


Ras AL Khaimah Ceramics Co PSC  (ADX:RAKCEC) 1-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.


Ras AL Khaimah Ceramics Co PSC 1-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Ras AL Khaimah Ceramics Co PSC's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Ras AL Khaimah Ceramics Co PSC (ADX:RAKCEC) Business Description

Traded in Other Exchanges
N/A
Address
Al Jazeerah Al Hamra City, P.O. Box 4714, Ras Al Khaimah, ARE
Ras AL Khaimah Ceramics Co PSC is engaged in the manufacturing and sale of a variety of ceramic products including tiles, bathroom sets, sanitary wares, table wares and faucets. The reportable segments of the company are Ceramics products, includes manufacture and sale of ceramic wall and floor tiles, gres porcellanato, bath-ware and tableware products. Faucets, includes manufacture and sale of Taps and Faucets. Other industrial, includes manufacturing and distribution of power, paints, plastics, mines and chemicals. Others includes security services, material movement, real estate, construction projects and civil works.

Ras AL Khaimah Ceramics Co PSC (ADX:RAKCEC) Headlines

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