GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Atlas Copco AB (OTCPK:ATLKY) » Definitions » 1-Year ROIIC %

Atlas Copco AB (Atlas Copco AB) 1-Year ROIIC % : 27.66% (As of Mar. 2024)


View and export this data going back to 1990. Start your Free Trial

What is Atlas Copco AB 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. Atlas Copco AB's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was 27.66%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ATLKY's 1-Year ROIIC % is ranked better than
70.27% of 2671 companies
in the Industrial Products industry
Industry Median: 3.92 vs ATLKY: 27.66

Atlas Copco AB 1-Year ROIIC % Historical Data

The historical data trend for Atlas Copco AB'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.

Atlas Copco AB 1-Year ROIIC % Chart

Atlas Copco AB 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 3.28 -25.51 23.36 15.82 44.92

Atlas Copco AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 20.89 20.70 37.91 44.92 27.66

Competitive Comparison of Atlas Copco AB's 1-Year ROIIC %

For the Specialty Industrial Machinery subindustry, Atlas Copco AB'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.


Atlas Copco AB's 1-Year ROIIC % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Atlas Copco AB's 1-Year ROIIC % distribution charts can be found below:

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



Atlas Copco AB 1-Year ROIIC % Calculation

Atlas Copco AB's 1-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 2800.3521 (Mar. 2024) - 2411.3628 (Mar. 2023) )/( 12751.338 (Mar. 2024) - 11101.916 (Mar. 2023) )
=388.9893/1649.422
=23.58%***

* 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.


Atlas Copco AB  (OTCPK:ATLKY) 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.


Atlas Copco AB 1-Year ROIIC % Related Terms

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


Atlas Copco AB (Atlas Copco AB) Business Description

Address
Sickla Industrivag 19, Nacka, Stockholm, SWE, SE-105 23
Atlas Copco is a 140-year-old Swedish company that pioneered air compression technology and remains a leading air compressor manufacturer. Atlas Copco is also a leading manufacturer of vacuum pump equipment, industrial power tools, and portable power and air compression equipment. The company's operations match the geographic breadth of its customers, with a presence in 180 countries. Atlas Copco's revenue is derived from three sources: initial equipment sales, spare parts, and maintenance.

Atlas Copco AB (Atlas Copco AB) Headlines