Bisalloy Steel Group (ASX:BIS) 1-Year ROIIC % : -1.54% (As of Dec. 2023)

View and export this data going back to 2003. Start your Free Trial

What is Bisalloy Steel Group 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. Bisalloy Steel Group's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was -1.54%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ASX:BIS's 1-Year ROIIC % is ranked worse than
55.25% of 476 companies
in the Steel industry
Industry Median: 2.475 vs ASX:BIS: -1.54

Bisalloy Steel Group 1-Year ROIIC % Historical Data

The historical data trend for Bisalloy Steel Group'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.

Bisalloy Steel Group 1-Year ROIIC % Chart

Bisalloy Steel Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

1-Year ROIIC %

Get a 7-Day Free Trial

0.38

15.92

-47.67

29.70

-282.95

Bisalloy Steel Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
1-Year ROIIC %	Get a 7-Day Free Trial															104.46	29.70	9.50	-282.95	-1.54

Competitive Comparison of Bisalloy Steel Group's 1-Year ROIIC %

For the Steel subindustry, Bisalloy Steel Group'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.

Bisalloy Steel Group's 1-Year ROIIC % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Bisalloy Steel Group's 1-Year ROIIC % distribution charts can be found below:

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

Bisalloy Steel Group 1-Year ROIIC % Calculation

Bisalloy Steel Group'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
	=	( 12.0424 (Dec. 2023) - 12.1934 (Dec. 2022) )	/	( 97.448 (Dec. 2023) - 87.63 (Dec. 2022) )
	=	-0.151	/	9.818
	=	-1.54%^***

** 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.

Bisalloy Steel Group (ASX:BIS) 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.

Bisalloy Steel Group 1-Year ROIIC % Related Terms

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

Bisalloy Steel Group (ASX:BIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Bisalloy Steel Group Ltd (ASX:BIS) » Definitions » 1-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Resolution Drive, Unanderra, Wollongong, NSW, AUS, 2526

Website

https://www.bisalloy.com.au

Bisalloy Steel Group Ltd is engaged in the processing and sale of quenched and tempered high-tensile, and abrasion-resistant steel plates. The company is organized into geographical operating segments, being Australian Operations is engaged in the distribution of wear-grade and high tensile plates through distributors and directly to original equipment manufacturers in both Australia and Overseas. Its Overseas Operations engage in the distribution of the abrasion-resistant plate as well as other steel plate products. The Overseas Operations also focus on the marketing and distribution of quench and tempered steel plates. The majority of its revenue is derived from Australian Operations. The company's products are marketed under the BISALLOY brand name.