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ALS (ASX:ALQ) 1-Year ROIIC % : 5.38% (As of Sep. 2023)


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What is ALS 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. ALS's 1-Year ROIIC % for the quarter that ended in Sep. 2023 was 5.38%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for ALS's 1-Year ROIIC % or its related term are showing as below:

ASX:ALQ's 1-Year ROIIC % is ranked better than
51.81% of 969 companies
in the Business Services industry
Industry Median: 4.25 vs ASX:ALQ: 5.38

ALS 1-Year ROIIC % Historical Data

The historical data trend for ALS'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.

ALS 1-Year ROIIC % Chart

ALS Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.56 -30.95 -46.98 5.18 42.03

ALS Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 81.49 5.18 16.77 42.03 5.38

Competitive Comparison of ALS's 1-Year ROIIC %

For the Consulting Services subindustry, ALS'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.


ALS's 1-Year ROIIC % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ALS's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where ALS's 1-Year ROIIC % falls into.



ALS 1-Year ROIIC % Calculation

ALS's 1-Year ROIIC % for the quarter that ended in Sep. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 297.4888 (Sep. 2023) - 272.4623 (Sep. 2022) )/( 3210.8 (Sep. 2023) - 2745.8 (Sep. 2022) )
=25.0265/465
=5.38%***

* 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.


ALS  (ASX:ALQ) 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.


ALS 1-Year ROIIC % Related Terms

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


ALS (ASX:ALQ) Business Description

Traded in Other Exchanges
Address
299 Coronation Drive, Level 2, Milton, Brisbane, QLD, AUS, 4064
Founded in the 1880s and listing on the ASX in 1952, ALS operates three divisions: commodities, life sciences, and industrial. ALS commodities traditionally generated the majority of underlying earnings, providing geochemistry, metallurgy, inspection and mine site services for the global mining industry. Expansion into environmental, pharmaceutical and food testing areas and commodity price weakness have lessened earnings exposure to commodities.

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